Umm Al-Qura Cement Co. announces its Annual Financial Results for the Period Ending on 2020-12-31


ELEMENT LIST CURRENT YEAR PREVIOUS YEAR %CHANGE
Sales/Revenue 333,331,641 255,936,880 30.239
Gross Profit (Loss) 158,034,900 119,101,301 32.689
Operational Profit (Loss) 144,455,632 106,556,839 35.566
Net Profit (Loss) after Zakat and Tax 117,672,926 79,823,172 47.417
Total Comprehensive Income 117,111,598 79,291,188 47.698
Total Share Holders Equity (after Deducting Minority Equity) 720,389,474 633,527,876 13.71
Profit (Loss) per Share 2.14 1.45
All figures are in (Actual) Saudi Arabia, Riyals
ELEMENT LIST EXPLANATION
The reason of the increase (decrease) in the net profit during the current year compared to the last year is 1- The increase in the quantity and value of sales, and an increament in the average selling price during the current year compared to the last year.
2- The increase in other revenues during the current year compared to the last year, and the decrease in financing costs during the current year compared to the last year in spite of the increase in selling and marketing, general and administrative expenses during the current year compared to the last year and the increase in Zakat expense during the current year compared to the last year.
Statement of the type of external auditor’s report Unmodified opinion
Reclassification of Comparison Items Certain comparative figures have been reclassified in order to conform with current year presentation.