City Cement Co. announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )

04 May 2021 03:33 PM

CITY CEMENT 3003 0.23% 17.44 0.04

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	170,625,520	170,275,503	0.205	152,985,896	11.53
Gross Profit (Loss)	76,148,007	82,241,294	-7.409	70,972,325	7.292
Operational Profit (Loss)	66,591,476	72,107,503	-7.649	61,780,465	7.787
Net Profit (Loss) after Zakat and Tax	66,019,613	72,226,397	-8.593	62,727,517	5.248
Total Comprehensive Income	66,111,858	72,226,397	-8.465	61,669,159	7.204
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Share Holders Equity (after Deducting Minority Equity)	1,841,152,902	2,316,313,011	-20.513
Profit (Loss) per Share	0.47	0.38
All figures are in (Actual) 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 decrease in net income during the current quarter compared with same quarter for last year due to: the decrease in sales value driven by decrease in average selling price, despite the increase in sales volume, the decrease in general and administrative expenses and selling and marketing expenses
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 increase in net profit during the current quarter compared to the last quarter due to: the increase in sales value and quantity and decrease in general and administrative expenses
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	Some comparative figures have been reclassified to tally with the current presentation

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