Tabuk Cement Co. announces its Quarterly financial results for the period ending on 2019-03-31 (Three Months)

24 April 2019 03:26 PM

TCC 3090 0.55% 14.62 0.08

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	52.77	46.74	12.901	35.58	48.313
Total Profit (Loss)	12.83	-1.59	-	-9.76	-
Profit (Loss) Operational	8	-5.86	-	-16.83	-
Net Profit (Loss) after Zakat and Tax	3.63	-11.23	-	-32.45	-
Total Comprehensive Income	3.63	-11.23	-	-24.8	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Share Holders Equity (after deducting minority equity)	1,165.03	1,139.85	2.209
Profit (Loss) per Share	0.04	-0.12
All figures are in (Millions) Saudi Arabia, Riyals

	Accumulated Losses	Capital	Percentage %
	59,169,464	900,000,000	6.57

Element List	Explanation
Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year	The reason for this quarter's profit compared to a loss during the same quarter last year is due to: 1. Increase in revenues due to improved average selling price. 2.Increase in returns of investments.
Reason for increase (decrease) in net profit for current quarter compared to the previous quarter	The reason for the current quarter profit compared to the loss during the previous quarter is: 1. Lower average cost as a result of rationalization of expenses. 2. Improved average selling price. 3. High returns on investments.
Type of the external auditor's opinion	Unmodified opinion
Reclassifications in quarter financial result	Some comparative figures have been reclassified to fit the current view.
Additional Information	The revaluation gain of approximately SR 102 million from investments in equity instruments at fair value through accumulated gains and losses has been separated and reclassified into a separate item under "Fair value difference reserve" under shareholders' equity.

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