{"id":7281,"date":"2024-02-29T16:20:20","date_gmt":"2024-02-29T13:20:20","guid":{"rendered":"https:\/\/uacc.com.sa\/?p=7281"},"modified":"2026-08-12T13:21:12","modified_gmt":"2026-08-12T10:21:12","slug":"umm-al-qura-cement-co-announces-its-annual-financial-results-for-the-period-ending-on-2023-12-31","status":"publish","type":"post","link":"https:\/\/uacc.com.sa\/en\/2024\/02\/29\/umm-al-qura-cement-co-announces-its-annual-financial-results-for-the-period-ending-on-2023-12-31\/","title":{"rendered":"Umm Al-Qura Cement Co. announces its Annual Financial results for the period ending on 2023-12-31"},"content":{"rendered":"\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n\n\n\n\n
Element List<\/th>\nCurrent Year<\/th>\nPrevious Year<\/th>\n%Change<\/th>\n<\/tr>\n<\/thead>\n
Sales\/Revenue<\/td>\n168,947,617<\/span><\/td>\n221,216,841<\/span><\/td>\n-23.63<\/span><\/td>\n<\/tr>\n
Gross Profit (Loss)<\/td>\n32,890,216<\/span><\/td>\n70,827,155<\/span><\/td>\n-53.56<\/span><\/td>\n<\/tr>\n
Operational Profit (Loss)<\/td>\n15,128,184<\/span><\/td>\n56,198,078<\/span><\/td>\n-73.08<\/span><\/td>\n<\/tr>\n
Net profit (Loss)<\/td>\n3,951,063<\/span><\/td>\n22,986,944<\/span><\/td>\n-82.81<\/span><\/td>\n<\/tr>\n
Total Comprehensive Income<\/td>\n3,893,450<\/span><\/td>\n23,391,222<\/span><\/td>\n-83.36<\/span><\/td>\n<\/tr>\n
Total Share Holders Equity (After Deducting the Minority Equity)<\/td>\n766,035,084<\/span><\/td>\n762,141,634<\/span><\/td>\n0.51<\/span><\/td>\n<\/tr>\n
Profit (Loss) per Share<\/td>\n0.07<\/span><\/td>\n0.42<\/span><\/td>\n<\/tr>\n<\/tbody>\n
All figures are in (Actual) Saudi Arabia, Riyals<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n

 <\/p>\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n
Element List<\/th>\nAmount<\/th>\nPercentage of the capital (%)<\/th>\n<\/tr>\n<\/thead>\n
Profit (Losses) Resulting From The Change In Investment Propertie\u2019s Fair Value<\/td>\n–<\/span><\/td>\n–<\/span><\/td>\n<\/tr>\n<\/tbody>\n
All figures are in (Actual) Saudi Arabia, Riyals<\/td>\n<\/tr>\n<\/tfoot>\n<\/table>\n

 <\/p>\n\n\n\n<\/colgroup>\n\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 sales\/ revenues during the current year compared to the last year<\/td>\nThe reason for the decrease in sales during the year is due to the decrease in the quantity of sales, as well as the decrease in the selling price per ton compared to the previous year, which led to a decrease in the value of sales.<\/td>\n<\/tr>\n
The reason of the increase (decrease) in the net profit during the current year compared to the last year is<\/td>\nThe reason for the decrease in net profit during this year compared to the previous year is due to the decrease in the quantity and value of sales, the increase in the cost of sales per ton of cement, the increase in general and administrative expenses, and the increase in zakat expenses. <\/p>\n

 <\/p>\n

Despite lower selling and distribution expenses, financing costs, and higher other\u00a0revenues.<\/p>\n

 <\/p>\n

Adding to that, the exceptional factor of the technical malfunction in one of the components of cement mill No. 1, which lasted for 9 months and was repaired during the month of September 2023.<\/td>\n<\/tr>\n

Statement of the type of external auditor’s report<\/td>\nUnmodified opinion<\/td>\n<\/tr>\n
Comment mentioned in the external auditor\u2019s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)<\/td>\nN\/A<\/td>\n<\/tr>\n
Reclassification of Comparison Items<\/td>\nSome comparative figures for the previous year have been reclassified in line with the current year\u2019s classification.<\/td>\n<\/tr>\n
Additional Information<\/td>\n–<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Element List Current Year Previous Year %Change Sales\/Revenue 168,947,617 221,216,841 -23.63 Gross Profit (Loss) 32,890,216 70,827,155 -53.56 Operational Profit (Loss) 15,128,184 56,198,078 -73.08 Net profit (Loss) 3,951,063 22,986,944 -82.81 Total Comprehensive Income 3,893,450 23,391,222 -83.36 Total Share Holders Equity (After Deducting the Minority Equity) 766,035,084 762,141,634 0.51 Profit (Loss) per Share 0.07 0.42 All figures […]<\/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-7281","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\/7281","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=7281"}],"version-history":[{"count":1,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/posts\/7281\/revisions"}],"predecessor-version":[{"id":7282,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/posts\/7281\/revisions\/7282"}],"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=7281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/categories?post=7281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/tags?post=7281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}