Eastern Province Cement Co. announces its Interim Financial Results for the Period Ending on 2020-03-31 ( Three Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 234 | 181 | 29.281 | 215 | 8.837 |
| Gross Profit (Loss) | 94 | 58 | 62.068 | 75 | 25.333 |
| Operational Profit (Loss) | 78 | 41 | 90.243 | 59 | 32.203 |
| Net Profit (Loss) after Zakat and Tax | 85 | 46 | 84.782 | 66 | 28.787 |
| Total Comprehensive Income | 63 | 48 | 31.25 | 174 | -63.793 |
| 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) | 2,474 | 2,250 | 9.955 |
| Profit (Loss) per Share | 0.99 | 0.53 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to | "Net profit increased due to:
- Increase in cement sales due to an improvement in Local demand. - Decrease in general and administrative expenses, and selling and marketing expense . - Increase in both revenues from investments and share in the results of associated companies." |
| Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to | "Net profit increased due to:
- Increase in cement sales due to an improvement in Local demand. Decrease in general and administrative expenses. - Decrease in other expenses and Zakat expenses." |
| Basis of the External Auditor's Opinion | Unmodified opinion |
| Reclassification of Comparison Items | Not applicable |
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