Umm Al-Qura Cement Co. announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )


ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE
Sales/Revenue 90,406,292 96,451,448 -6.267 86,713,490 4.258
Gross Profit (Loss) 40,859,774 48,135,865 -15.115 37,863,071 7.914
Operational Profit (Loss) 37,821,384 44,996,657 -15.946 33,384,148 13.291
Net Profit (Loss) after Zakat and Tax 31,036,952 38,513,800 -19.413 26,273,479 18.13
Total Comprehensive Income 31,036,952 38,513,800 -19.413 26,235,702 18.3
All figures are in (Actual) Saudi Arabia, Riyals
ELEMENT LIST CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS YEAR %CHANGE
Total Share Holders Equity (after Deducting Minority Equity) 751,426,426 672,041,676 11.812
Profit (Loss) per Share 0.56 0.7
All figures are in (Actual) Saudi Arabia, Riyals
ACCUMULATED LOSSES CAPITAL PERCENTAGE %
0 550,000,000 0
All figures are in (Actual) Saudi Arabia, Riyals
ELEMENT LIST EXPLANATION
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The reason for the decrease in net profit during the current quarter of 2021 AD compared with the same quarter of the previous year is due to:
1- Decrease in the quantity and value of sales for the current quarter compared to the same quarter of the previous year.
2- The high selling and marketing expenses and Zakat expense for the current quarter compared to the same quarter of the previous year
3- The decrease in other income for the current quarter compared to the same quarter of the previous year, despite the decrease in general and administrative expenses and the decrease in financing costs during the current quarter compared to the same quarter of the previous year.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is The main reason for the increase in the net profit for the current quarter compared to the previous quarter is the increase in the quantity and value of sales for the current quarter compared to the previous quarter, as well as the decrease in selling and marketing expenses, the decrease in general and administrative expenses, and the decrease in Zakat expense during the current quarter compared to the previous quarter.
Statement of the type of external auditor’s report Unmodified conclusion
Reclassification of Comparison Items N/A