Eastern Province Cement Co. announces its Interim Financial Results for the Period Ending on 2021-09-30 ( Nine Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 169 | 159 | 6.289 | 212 | -20.283 |
| Gross Profit (Loss) | 56 | 51 | 9.803 | 81 | -30.864 |
| Operational Profit (Loss) | 45 | 40 | 12.5 | 64 | -29.687 |
| Net Profit (Loss) after Zakat and Tax | 38 | 43 | -11.627 | 62 | -38.709 |
| Total Comprehensive Income | 51 | 52 | -1.923 | 67 | -23.88 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 598 | 539 | 10.946 |
| Gross Profit (Loss) | 210 | 189 | 11.111 |
| Operational Profit (Loss) | 167 | 150 | 11.333 |
| Net Profit (Loss) after Zakat and Tax | 159 | 158 | 0.632 |
| Total Comprehensive Income | 193 | 149 | 29.53 |
| Total Share Holders Equity (after Deducting Minority Equity) | 2,391 | 2,431 | -1.645 |
| Profit (Loss) per Share | 1.85 | 1.84 | |
| 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:
Decreased in income from investments Decreased in share of the results of an associate Increase in other expenses Losses on the sale of property and equipment 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 decrease is due to:
Decrease in the sales quantity of cement and precast. Increase in selling expenses. Decrease in income from investments. Increase in other expenses Increase in zakat expense |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The reason for the increase is due to:
Increase in the sales value and quantity of cement and precast, Increase in other income. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Certain comparative period amounts have been reclassified to conform to the current period presentation. There was no effect of the reclassification on the reported results of the period..
See Note No. (17) |
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