{"id":7289,"date":"2024-04-28T16:25:08","date_gmt":"2024-04-28T13:25:08","guid":{"rendered":"https:\/\/uacc.com.sa\/?p=7289"},"modified":"2026-08-12T13:26:24","modified_gmt":"2026-08-12T10:26:24","slug":"umm-al-qura-cement-co-announces-its-interim-financial-results-for-the-period-ending-on-2024-03-31-three-months","status":"publish","type":"post","link":"https:\/\/uacc.com.sa\/en\/2024\/04\/28\/umm-al-qura-cement-co-announces-its-interim-financial-results-for-the-period-ending-on-2024-03-31-three-months\/","title":{"rendered":"Umm Al-Qura Cement Co. announces its Interim Financial results for the Period Ending on 2024-03-31 ( Three Months )"},"content":{"rendered":"\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>\n64,682,998<\/span><\/td>\n47,159,762<\/span><\/td>\n37.157<\/span><\/td>\n50,439,576<\/span><\/td>\n28.238<\/span><\/td>\n<\/tr>\n
Gross Profit (Loss)<\/td>\n23,629,708<\/span><\/td>\n15,249,849<\/span><\/td>\n54.95<\/span><\/td>\n4,157,913<\/span><\/td>\n468.306<\/span><\/td>\n<\/tr>\n
Operational Profit (Loss)<\/td>\n19,508,584<\/span><\/td>\n11,629,725<\/span><\/td>\n67.747<\/span><\/td>\n-1,005,972<\/span><\/td>\n–<\/span><\/td>\n<\/tr>\n
Net profit (Loss)<\/td>\n14,469,504<\/span><\/td>\n6,779,453<\/span><\/td>\n113.431<\/span><\/td>\n-6,099,586<\/span><\/td>\n–<\/span><\/td>\n<\/tr>\n
Total Comprehensive Income<\/td>\n14,504,924<\/span><\/td>\n6,773,685<\/span><\/td>\n114.136<\/span><\/td>\n-6,179,261<\/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\n\n<\/colgroup>\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
Total Share Holders Equity (After Deducting the Minority Equity)<\/td>\n780,540,008<\/span><\/td>\n768,915,319<\/span><\/td>\n1.511<\/span><\/td>\n<\/tr>\n
Profit (Loss) per Share<\/td>\n0.26<\/span><\/td>\n0.12<\/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\n
Element List<\/th>\nPercentage of the capital (%)<\/th>\nAmount<\/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
Accumulated Losses<\/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\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 quarter compared to the same quarter of the last year is<\/td>\nThe reason for the increase in sales during the current quarter of the year 2024 compared to the same quarter of the previous year is due to the increase in the quantity and value of sales.<\/td>\n<\/tr>\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 increase in net profit during the current quarter of 2024 compared to the same quarter of the previous year is due to the increase in sales quantity and value, In addition to returning cement production rates to normal, and the decrease in selling and distribution expenses and financing costs. <\/p>\n

 <\/p>\n

Despite the increase in the general and administrative expenses, as well as the increase in zakat expenses and the decrease in other revenues.<\/td>\n<\/tr>\n

The reason of the increase (decrease) in the sales\/ revenues during the current quarter compared to the previous one is<\/td>\nThe reason for the increase in sales during the current quarter of the year 2024 compared to the previous quarter is due to the improvement in the average selling price per ton, which led to an increase in the value of sales despite a decrease in the quantity of sales.<\/td>\n<\/tr>\n
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is<\/td>\nThe reason for the increase in net profit during the current quarter of 2024 compared to the previous quarter is due to the increase in sales value, decrease in selling, distribution, general and administrative expenses, and increase in other revenues. <\/p>\n

 <\/p>\n

Despite the increase in zakat expenses.<\/td>\n<\/tr>\n

Statement of the type of external auditor’s report<\/td>\nUnmodified conclusion<\/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>\nThe interim condensed financial statements for the three month periods ending on March 31, 2023, have been reviewed by another auditor, who expressed an unmodified conclusion on those interim financial statements on Shawwal 28, 1444 H (corresponding to May 18, 2023)<\/td>\n<\/tr>\n
Reclassification of Comparison Items<\/td>\nN\/A<\/td>\n<\/tr>\n
Additional Information<\/td>\n–<\/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 64,682,998 47,159,762 37.157 50,439,576 28.238 Gross Profit (Loss) 23,629,708 15,249,849 54.95 4,157,913 468.306 Operational Profit (Loss) 19,508,584 11,629,725 67.747 -1,005,972 – Net profit (Loss) 14,469,504 6,779,453 113.431 -6,099,586 – Total Comprehensive Income 14,504,924 6,773,685 114.136 -6,179,261 – All figures are […]<\/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-7289","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\/7289","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=7289"}],"version-history":[{"count":1,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/posts\/7289\/revisions"}],"predecessor-version":[{"id":7290,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/posts\/7289\/revisions\/7290"}],"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=7289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/categories?post=7289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uacc.com.sa\/en\/wp-json\/wp\/v2\/tags?post=7289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}