Umm Al-Qura Cement Co. announces its Annual Financial Results for the Period Ending on 2021-12-31

ELEMENT LIST CURRENT YEAR PREVIOUS YEAR %CHANGE
Sales/Revenue 278,832,850 333,331,641 -16.349
Gross Profit (Loss) 115,719,334 158,034,900 -26.776
Operational Profit (Loss) 102,192,062 144,455,632 -29.257
Net Profit (Loss) after Zakat and Tax 78,012,178 117,672,926 -33.704
Total Comprehensive Income 78,186,715 117,111,598 -33.237
Total Share Holders Equity (after Deducting Minority Equity) 749,076,189 720,389,474 3.982
Profit (Loss) per Share 1.42 2.14
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 The reason of the decrease in the net profit during this year compared to the previous year are due to the decrease in the amount and value of sales, while the increase in selling and marketing expenses. Also, decrease in the other revenues despite the decrease in general and administrative expenses and, the decrease in financing cost.
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