{"id":7271,"date":"2023-10-31T16:33:11","date_gmt":"2023-10-31T13:33:11","guid":{"rendered":"https:\/\/uacc.com.sa\/?p=7271"},"modified":"2026-08-12T12:35:10","modified_gmt":"2026-08-12T09:35:10","slug":"umm-al-qura-cement-co-announces-its-interim-financial-results-for-the-period-ending-on-2023-09-30-nine-months","status":"publish","type":"post","link":"https:\/\/uacc.com.sa\/en\/2023\/10\/31\/umm-al-qura-cement-co-announces-its-interim-financial-results-for-the-period-ending-on-2023-09-30-nine-months\/","title":{"rendered":"Umm Al-Qura Cement Co. announces its Interim Financial Results for the Period Ending on 2023-09-30 ( Nine Months )"},"content":{"rendered":"\n\n\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n\n\n
Element List<\/th>\nCurrent Quarter<\/th>\nSimilar quarter for previous year<\/th>\n%Change<\/th>\nPrevious Quarter<\/th>\n% Change<\/th>\n<\/tr>\n<\/thead>\n
Sales\/Revenue<\/td>\n33,515,897<\/span><\/td>\n54,214,507<\/span><\/td>\n-38.18<\/span><\/td>\n37,832,382<\/span><\/td>\n-11.41<\/span><\/td>\n<\/tr>\n
Gross Profit (Loss)<\/td>\n2,489,666<\/span><\/td>\n15,320,854<\/span><\/td>\n-83.75<\/span><\/td>\n10,992,788<\/span><\/td>\n-77.35<\/span><\/td>\n<\/tr>\n
Operational Profit (Loss)<\/td>\n-2,698,876<\/span><\/td>\n11,437,888<\/span><\/td>\n–<\/span><\/td>\n7,203,309<\/span><\/td>\n–<\/span><\/td>\n<\/tr>\n
Net Profit (Loss) after Zakat and Tax<\/td>\n1,446,375<\/span><\/td>\n6,120,895<\/span><\/td>\n-76.37<\/span><\/td>\n1,824,822<\/span><\/td>\n-20.74<\/span><\/td>\n<\/tr>\n
Total Comprehensive Income<\/td>\n1,460,948<\/span><\/td>\n6,559,867<\/span><\/td>\n-77.73<\/span><\/td>\n1,838,079<\/span><\/td>\n-20.52<\/span><\/td>\n<\/tr>\n<\/tbody>\n
All figures are in (Actual) Saudi Arabia, Riyals<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n\n\n\n\n
Element List<\/th>\nCurrent Period<\/th>\nSimilar period for previous year<\/th>\n%Change<\/th>\n<\/tr>\n<\/thead>\n
Sales\/Revenue<\/td>\n118,508,041<\/span><\/td>\n179,298,949<\/span><\/td>\n-33.9<\/span><\/td>\n<\/tr>\n
Gross Profit (Loss)<\/td>\n28,732,303<\/span><\/td>\n56,986,568<\/span><\/td>\n-49.58<\/span><\/td>\n<\/tr>\n
Operational Profit (Loss)<\/td>\n16,134,156<\/span><\/td>\n45,741,615<\/span><\/td>\n-64.73<\/span><\/td>\n<\/tr>\n
Net Profit (Loss) after Zakat and Tax<\/td>\n10,050,649<\/span><\/td>\n29,303,028<\/span><\/td>\n-65.7<\/span><\/td>\n<\/tr>\n
Total Comprehensive Income<\/td>\n10,072,711<\/span><\/td>\n30,537,504<\/span><\/td>\n-67.02<\/span><\/td>\n<\/tr>\n
Total Share Holders Equity (after Deducting Minority Equity)<\/td>\n772,214,345<\/span><\/td>\n769,287,916<\/span><\/td>\n0.38<\/span><\/td>\n<\/tr>\n
Profit (Loss) per Share<\/td>\n0.18<\/span><\/td>\n0.53<\/span><\/td>\n<\/tr>\n<\/tbody>\n
All figures are in (Actual) Saudi Arabia, Riyals<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n
<\/th>\nAccumulated Losses<\/th>\nCapital<\/th>\nPercentage %<\/th>\n<\/tr>\n<\/thead>\n
<\/td>\n0<\/td>\n550,000,000<\/td>\n0<\/td>\n<\/tr>\n<\/tbody>\n
All figures are in (Actual) Saudi Arabia, Riyals<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n
Element List<\/th>\nExplanation<\/th>\n<\/tr>\n<\/thead>\n
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>\nThe 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: <\/p>\n

Decreased sales value due to a decrease in the volume of sales and the decrease of selling price per ton.<\/p>\n

Adding to that, the financial impact of the technical malfunction in one of the components of the cement mill No. (1).<\/p>\n

In addition to the increase of general and administrative expenses for the current quarter compared to the same quarter of the previous year,<\/p>\n

Despite the gains from amendment of financial obligations as a result of concluding an agreement to reschedule the Saudi Industrial Development Fund loan during the current quarter.<\/td>\n<\/tr>\n

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>\nThe main reason for the decrease of net profit for the current quarter compared to the previous quarter is due to: <\/p>\n

Decreased sales value due to a decrease in the volume of sales and the decrease of selling price per ton.<\/p>\n

Increase of general and administrative expenses,<\/p>\n

Despite the gains from amendment of financial obligations as a result of concluding an agreement to reschedule the Saudi Industrial Development Fund loan during the current quarter.<\/td>\n<\/tr>\n

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>\nThe 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: <\/p>\n

Decreased sales value due to a decrease in the volume of sales and the decrease of selling price per ton.<\/p>\n

Adding to that, the financial impact of the technical malfunction in one of the components of the cement mill No. (1).<\/p>\n

In addition to the increase of general and administrative expenses for the current period compared to the same period of the previous year,<\/p>\n

Despite the gains from amendment of financial obligations as a result of concluding an agreement to reschedule the Saudi Industrial Development Fund loan during the current period.<\/td>\n<\/tr>\n

Statement of the type of external auditor’s report<\/td>\nUnmodified conclusion<\/td>\n<\/tr>\n
Reclassification of Comparison Items<\/td>\nN\\A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change Sales\/Revenue 33,515,897 54,214,507 -38.18 37,832,382 -11.41 Gross Profit (Loss) 2,489,666 15,320,854 -83.75 10,992,788 -77.35 Operational Profit (Loss) -2,698,876 11,437,888 – 7,203,309 – Net Profit (Loss) after Zakat and Tax 1,446,375 6,120,895 -76.37 1,824,822 -20.74 Total Comprehensive Income 1,460,948 6,559,867 -77.73 1,838,079 […]<\/p>\n","protected":false},"author":3,"featured_media":3367,"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-7271","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\/7271","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=7271"}],"version-history":[{"count":1,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/posts\/7271\/revisions"}],"predecessor-version":[{"id":7272,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/posts\/7271\/revisions\/7272"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/media\/3367"}],"wp:attachment":[{"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/media?parent=7271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/categories?post=7271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/tags?post=7271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}