Umm Al-Qura Cement Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )

ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE
Sales/Revenue 65,601,015 90,406,292 -27.437 67,575,953 -2.922
Gross Profit (Loss) 23,139,952 40,859,774 -43.367 24,509,172 -5.586
Operational Profit (Loss) 19,787,781 37,821,384 -47.68 20,817,154 -4.944
Net Profit (Loss) after Zakat and Tax 13,844,645 31,036,952 -55.393 16,087,152 -13.939
Total Comprehensive Income 13,869,844 31,036,952 -55.311 16,118,530 -13.95
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) 762,946,033 751,426,426 1.533
Profit (Loss) per Share 0.25 0.56
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 2022 AD compared with the same quarter of the previous year is due to the decrease in the quantity and value of sales for the current quarter compared to the same quarter of the previous year. and the increase in selling and marketing expenses, general and administrative expenses for the current quarter compared to the same quarter of the previous year, despite 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 decrease in net profit for the current quarter compared to the previous quarter is due to the decrease in the amount and value of sales for the current quarter compared to the previous quarter, and the increase in financing costs and Zakat expense for the current quarter compared to the previous quarter, despite the decrease in selling and marketing expenses, general and administrative expenses for 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