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National Metal Manufacturing and Casting Co. announces its Interim Financial Results for the Period Ending on 2020-09-30 ( Nine Months )

MAADANIYAH 2220 12.11% 18.14 1.96
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 41.33 58.05 -28.802 37.82 9.28
Gross Profit (Loss) 3.81 1.86 104.838 2.08 83.173
Operational Profit (Loss) -3.81 -44.73 -91.482 -5.77 -33.968
Net Profit (Loss) after Zakat and Tax -5.86 -47.08 -87.553 -7.71 -23.994
Total Comprehensive Income -5.86 -47.08 -87.553 -7.71 -23.994
All figures are in (Millions) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Sales/Revenue 158.7 204.57 -22.422
Gross Profit (Loss) 9.51 17.12 -44.45
Operational Profit (Loss) -15.09 -44.24 -65.89
Net Profit (Loss) after Zakat and Tax -21.03 -51.37 -59.061
Total Comprehensive Income -21.03 -51.37 -59.061
Total Share Holders Equity (after Deducting Minority Equity) 287.48 321.39 -10.551
Profit (Loss) per Share -0.75 -1.83
All figures are in (Millions) Saudi Arabia, Riyals
Accumulated Losses Capital Percentage %
-20.81 281.12 -7.4
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 Reasons for the decrease in losses during current quarter compare to the same quarter last year are decrease in cost of some production inputs, decrease in selling and distributing expenses, partial collection from provision for doubtful accounts, decrease in financial charges, increase in other income, in addition to recording of impairment loss of goodwill in amount of SR 40.1 Million during the third quarter last year.
Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to Reasons for the decrease in net losses for current quarter compare to the previous quarter are increase in sales due to improvement in demand, decrease in selling and distributing expenses due to decrease in transportation expenses and partial collection from provision for doubtful accounts and minor decrease in Zakat provision.
Increase (Decrease) in Net Profit for Current Period Compared to the Similar Period of the Previous Year is Attributed to Reasons for the decrease in losses during the current period compare to the same period last year are decrease in cost of some production inputs, decrease in financial charges and decrease in Zakat provision, in addition to recording of impairment loss of goodwill in amount of SR 40.1 Million during the same period last year.
Basis of the External Auditor's Opinion Unmodified opinion
Reclassification of Comparison Items Certain figures for the comparative period have been reclassified to conform the presentation in the current period.

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