{"id":7259,"date":"2023-08-09T16:00:56","date_gmt":"2023-08-09T13:00:56","guid":{"rendered":"https:\/\/uacc.com.sa\/?p=7259"},"modified":"2026-08-12T12:25:56","modified_gmt":"2026-08-12T09:25:56","slug":"umm-al-qura-cement-co-announces-its-interim-financial-results-for-the-period-ending-on-2023-06-30-six-months","status":"publish","type":"post","link":"https:\/\/uacc.com.sa\/en\/2023\/08\/09\/umm-al-qura-cement-co-announces-its-interim-financial-results-for-the-period-ending-on-2023-06-30-six-months\/","title":{"rendered":"Umm Al-Qura Cement Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )"},"content":{"rendered":"<table class=\"stacktable large-only\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"25%\" \/>\n<col width=\"15%\" \/>\n<col width=\"15%\" \/>\n<col width=\"15%\" \/>\n<col width=\"15%\" \/>\n<col width=\"15%\" \/><\/colgroup>\n<thead>\n<tr>\n<th>Element List<\/th>\n<th>Current Quarter<\/th>\n<th>Similar quarter for previous year<\/th>\n<th>%Change<\/th>\n<th>Previous Quarter<\/th>\n<th>% Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Sales\/Revenue<\/td>\n<td class=\"priceUp\"><span class=\"up\">37,832,382<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">59,483,427<\/span><\/td>\n<td class=\"\"><span class=\"\">-36.4<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">47,158,762<\/span><\/td>\n<td class=\"\"><span class=\"\">-19.78<\/span><\/td>\n<\/tr>\n<tr>\n<td>Gross Profit (Loss)<\/td>\n<td class=\"priceUp\"><span class=\"up\">10,992,788<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">17,863,226<\/span><\/td>\n<td class=\"\"><span class=\"\">-38.46<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">15,249,849<\/span><\/td>\n<td class=\"\"><span class=\"\">-27.91<\/span><\/td>\n<\/tr>\n<tr>\n<td>Operational Profit (Loss)<\/td>\n<td class=\"priceUp\"><span class=\"up\">7,203,309<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">13,853,411<\/span><\/td>\n<td class=\"\"><span class=\"\">-48<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">11,629,725<\/span><\/td>\n<td class=\"\"><span class=\"\">-38.06<\/span><\/td>\n<\/tr>\n<tr>\n<td>Net Profit (Loss) after Zakat and Tax<\/td>\n<td class=\"priceUp\"><span class=\"up\">1,824,822<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">8,674,953<\/span><\/td>\n<td class=\"\"><span class=\"\">-78.96<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">6,779,453<\/span><\/td>\n<td class=\"\"><span class=\"\">-73.08<\/span><\/td>\n<\/tr>\n<tr>\n<td>Total Comprehensive Income<\/td>\n<td class=\"priceUp\"><span class=\"up\">1,838,079<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">9,445,259<\/span><\/td>\n<td class=\"\"><span class=\"\">-80.54<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">6,773,685<\/span><\/td>\n<td class=\"\"><span class=\"\">-72.86<\/span><\/td>\n<\/tr>\n<\/tbody>\n<tfoot>\n<tr>\n<td colspan=\"6\">All figures are in (Actual) Saudi Arabia, Riyals<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n<table class=\"stacktable large-only\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"40%\" \/>\n<col width=\"20%\" \/>\n<col width=\"20%\" \/>\n<col width=\"20%\" \/><\/colgroup>\n<thead>\n<tr>\n<th>Element List<\/th>\n<th>Current Period<\/th>\n<th>Similar period for previous year<\/th>\n<th>%Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Sales\/Revenue<\/td>\n<td class=\"priceUp\"><span class=\"up\">84,992,144<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">125,084,442<\/span><\/td>\n<td class=\"\"><span class=\"\">-32.05<\/span><\/td>\n<\/tr>\n<tr>\n<td>Gross Profit (Loss)<\/td>\n<td class=\"priceUp\"><span class=\"up\">26,242,637<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">41,665,715<\/span><\/td>\n<td class=\"\"><span class=\"\">-37.02<\/span><\/td>\n<\/tr>\n<tr>\n<td>Operational Profit (Loss)<\/td>\n<td class=\"priceUp\"><span class=\"up\">18,833,032<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">34,303,728<\/span><\/td>\n<td class=\"\"><span class=\"\">-45.1<\/span><\/td>\n<\/tr>\n<tr>\n<td>Net Profit (Loss) after Zakat and Tax<\/td>\n<td class=\"priceUp\"><span class=\"up\">8,604,274<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">23,182,134<\/span><\/td>\n<td class=\"\"><span class=\"\">-62.88<\/span><\/td>\n<\/tr>\n<tr>\n<td>Total Comprehensive Income<\/td>\n<td class=\"priceUp\"><span class=\"up\">8,611,763<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">23,977,638<\/span><\/td>\n<td class=\"\"><span class=\"\">-64.08<\/span><\/td>\n<\/tr>\n<tr>\n<td>Total Share Holders Equity (after Deducting Minority Equity)<\/td>\n<td class=\"priceUp\"><span class=\"up\">770,753,397<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">762,728,050<\/span><\/td>\n<td class=\"\"><span class=\"\">1.05<\/span><\/td>\n<\/tr>\n<tr>\n<td>Profit (Loss) per Share<\/td>\n<td class=\"priceUp\"><span class=\"up\">0.16<\/span><\/td>\n<td class=\"priceUp\"><span class=\"up\">0.42<\/span><\/td>\n<\/tr>\n<\/tbody>\n<tfoot>\n<tr>\n<td colspan=\"4\">All figures are in (Actual) Saudi Arabia, Riyals<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n<table class=\"stacktable large-only\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"10%\" \/>\n<col width=\"40%\" \/>\n<col width=\"40%\" \/><\/colgroup>\n<thead>\n<tr>\n<th><\/th>\n<th>Accumulated Losses<\/th>\n<th>Capital<\/th>\n<th>Percentage %<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><\/td>\n<td>0<\/td>\n<td>550,000,000<\/td>\n<td>0<\/td>\n<\/tr>\n<\/tbody>\n<tfoot>\n<tr>\n<td colspan=\"4\">All figures are in (Actual) Saudi Arabia, Riyals<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n<table class=\"stacktable large-only\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"20%\" \/>\n<col width=\"80%\" \/><\/colgroup>\n<thead>\n<tr>\n<th>Element List<\/th>\n<th>Explanation<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is<\/td>\n<td>The reason for the decrease in net profit during the current quarter of 2023 compared to the same quarter of the previous year is due to:&nbsp;<\/p>\n<p>Decreased sales value due to a decrease in the volume of sales.<\/p>\n<p>Adding to that, the financial impact of the technical malfunction in one of the components of the cement mill No. (1).<\/p>\n<p>In addition to the increase of general and administrative expenses for the current quarter compared to the same quarter of the previous year.<\/td>\n<\/tr>\n<tr>\n<td>The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is<\/td>\n<td>The main reason for the decrease of net profit for the current quarter compared to the previous quarter is due to:&nbsp;<\/p>\n<p>Decreased sales value due to a decrease in the volume of sales.<\/td>\n<\/tr>\n<tr>\n<td>The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is<\/td>\n<td>The reason for the decrease in net profit during the current period of 2023 compared to the same period of the previous year is due to:&nbsp;<\/p>\n<p>Decreased sales value due to a decrease in the volume of sales.<\/p>\n<p>Adding to that, the financial impact of the technical malfunction in one of the components of the cement mill No. (1).<\/p>\n<p>In addition to the increase of general and administrative expenses for the current period compared to the same period of the previous year.<\/td>\n<\/tr>\n<tr>\n<td>Statement of the type of external auditor&#8217;s report<\/td>\n<td>Unmodified conclusion<\/td>\n<\/tr>\n<tr>\n<td>Reclassification of Comparison Items<\/td>\n<td>N\\A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change Sales\/Revenue 37,832,382 59,483,427 -36.4 47,158,762 -19.78 Gross Profit (Loss) 10,992,788 17,863,226 -38.46 15,249,849 -27.91 Operational Profit (Loss) 7,203,309 13,853,411 -48 11,629,725 -38.06 Net Profit (Loss) after Zakat and Tax 1,824,822 8,674,953 -78.96 6,779,453 -73.08 Total Comprehensive Income 1,838,079 9,445,259 -80.54 6,773,685 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[10],"tags":[],"class_list":["post-7259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/posts\/7259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/comments?post=7259"}],"version-history":[{"count":1,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/posts\/7259\/revisions"}],"predecessor-version":[{"id":7260,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/posts\/7259\/revisions\/7260"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/media\/5118"}],"wp:attachment":[{"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/media?parent=7259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/categories?post=7259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/tags?post=7259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}