Eastern Province Cement Co. announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 217 | 234 | -7.264 | 203 | 6.896 |
| Gross Profit (Loss) | 74 | 92 | -19.565 | 67 | 10.447 |
| Operational Profit (Loss) | 59 | 78 | -24.358 | 57 | 3.508 |
| Net Profit (Loss) after Zakat and Tax | 60 | 85 | -29.411 | 59 | 1.694 |
| Total Comprehensive Income | 75 | 63 | 19.047 | 102 | -26.47 |
| 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) | 2,609 | 3,474 | -24.899 |
| Profit (Loss) per Share | 0.7 | 0.99 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The reason for the Decrease is due to:
Decrease in the sales value and increase in the cost of precast. Increase in general administrative and selling expenses.. Decrease in income from investments, and in the company's share of the results of an associate. Foreign exchange losses. Increase in zakat expense. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is | The reason for the increase is due to:
Increase in the quantity and value of cement sales. Decrease in other expenses, and provision for credit losses, and zakat expense. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| 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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