The National Company for Glass Industries "Zoujaj" announces its Annual Financial results for the period ending on 2023-12-31

26 March 2024 09:59 AM

ZOUJAJ 2150 36.26% 42.65 11.35

Element List	Current Year	Previous Year	%Change
Sales/Revenue	153.9	112.3	37.04
Gross Profit (Loss)	35.2	3.4	935.29
Operational Profit (Loss)	20.7	-10.5	-
Net profit (Loss)	47.9	104.3	-54.07
Total Comprehensive Income	46.4	100.8	-53.97
Total Share Holders Equity (After Deducting the Minority Equity)	721.6	691.7	4.32
Profit (Loss) per Share	1.46	3.17
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	32.5	9.9
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year	Revenue increased due to price increase and sale quantity increase
The reason of the increase (decrease) in the net profit during the current year compared to the last year is	The reason for decrease ,decrease in Joint venture company profit share in the float glass sector due to maintenance and development work activities at Saudi Guardian International Float Glass Company Limited at Jubail partially offset by glass container operating profit.
Statement of the type of external auditor's report	Unmodified opinion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	NO
Reclassification of Comparison Items	NO
Additional Information	-

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