Al Jouf Cement Co. announces its Annual Financial Results for the Period Ending on 2019-12-31
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 169,750,830 | 137,672,069 | 23.3 | ||
| Gross Profit (Loss) | 31,713,963 | -7,534,571 | - | ||
| Operational Profit (Loss) | 8,357,527 | -35,225,290 | - | ||
| Net Profit (Loss) after Zakat and Tax | 5,256,112 | -39,511,302 | - | ||
| Total Comprehensive Income | 4,711,477 | -66,172,479 | - | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 1,537,745,115 | 1,533,030,628 | 0.307 | ||
| Profit (Loss) per Share | 0.04 | -0.28 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Explanation |
|---|---|
| Increase (Decrease) in Net Profit for Current Year Compared to Last Year is Attributed to | The reason for achieving net profit during this year compared to the previous year is due to the increase in the value of sales, the low cost of sales, the decrease in general and marketing expenses, in addition to the increase in other revenues.
On the other hand, the net profit this year before Zakat was 6.5 million riyals, compared to a loss of (39.5) million riyals the previous year |
| Basis of the External Auditor's Opinion | Unmodified opinion |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified to conform to the presentation |
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