Eastern Province Cement Co. announces its Interim Financial results for the Period Ending on 2024-03-31 ( Three Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 302 | 237 | 27.426 | 289 | 4.498 |
| Gross Profit (Loss) | 96 | 78 | 23.076 | 89 | 7.865 |
| Operational Profit (Loss) | 75 | 63 | 19.047 | 70 | 7.142 |
| Net profit (Loss) | 68 | 56 | 21.428 | 50 | 36 |
| Total Comprehensive Income | 68 | 60 | 13.333 | 38 | 78.947 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Share Holders Equity (After Deducting the Minority Equity) | 2,372 | 2,333 | 1.671 |
| Profit (Loss) per Share | 0.79 | 0.65 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Percentage of the capital (%) | Amount | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The increase is due to:
- Increase in the quantity of cement and precast sales. |
| 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 increase is due to:
- Increase in the quantity of cement and precast sales. - Decreased other expenses. - Increase gains on investments at fair value through profit or loss. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The increase is due to:
- Increase in the quantity and value of cement sales. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The increase is due to:
- Increase in the quantity and value of cement sales. - Record an Impairment of investment in associate in the previous quarter. - Decrease other expenses. - Increase in gains on investments at fair value through profit or loss and gains on disposal of property, plant and equipment. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| 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) | Not applicable |
| Reclassification of Comparison Items | Not applicable |
| Additional Information | - |
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