Saudi Cement Co. announces its Annual Financial Results for the Period Ending on 2019-12-31
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 1,441.6 | 1,119.6 | 28.76 | ||
| Gross Profit (Loss) | 649.8 | 538 | 20.78 | ||
| Operational Profit (Loss) | 491 | 416.8 | 17.802 | ||
| Net Profit (Loss) after Zakat and Tax | 451.4 | 400.5 | 12.709 | ||
| Total Comprehensive Income | 441.1 | 406.5 | 8.511 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 2,729.7 | 2,787.1 | -2.059 | ||
| Profit (Loss) per Share | 2.95 | 2.62 | |||
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Explanation |
|---|---|
| Increase (Decrease) in Net Profit for Current Year Compared to Last Year is Attributed to | The reasons for the increase of current year net profit compared with last year is increase in sales, in spite of the increase in general and administrative expenses, increase in selling and distribution expenses, increase in financing charges, decrease in share in net results of associates and decrease in other income. |
| Basis of the External Auditor's Opinion | Unmodified opinion |
| Reclassification of Comparison Items | N/A |
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