Eastern Province Cement Co. announces its Annual Financial Results for the Period Ending on 2020-12-31
Element List | Current Year | Previous Year | %Change | ||
---|---|---|---|---|---|
Sales/Revenue | 742 | 729 | 1.783 | ||
Gross Profit (Loss) | 260 | 218 | 19.266 | ||
Operational Profit (Loss) | 207 | 161 | 28.571 | ||
Net Profit (Loss) after Zakat and Tax | 217 | 181 | 19.889 | ||
Total Comprehensive Income | 251 | 274 | -8.394 | ||
Total Share Holders Equity (after Deducting Minority Equity) | 2,533 | 2,412 | 5.016 | ||
Profit (Loss) per Share | 2.53 | 2.1 | |||
All figures are in (Millions) Saudi Arabia, Riyals |
Element List | Explanation |
---|---|
The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason for the increase is due to:
Increase in quantity and value of cement sales. Decrease in cost of sales. Decrease in administrative and general expenses. Increase in the company's share of the results of an associate and other revenue. |
Statement of the type of external auditor's report | Unmodified opinion |
Reclassification of Comparison Items | Some of the same last year period comparative figures were reclassified to comply with the current period comparative figures. |
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