Eastern Province Cement Co. announces its Annual Financial Results for the Period Ending on 2021-12-31
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 758 | 742 | 2.156 | ||
| Gross Profit (Loss) | 269 | 258 | 4.263 | ||
| Operational Profit (Loss) | 214 | 207 | 3.381 | ||
| Net Profit (Loss) after Zakat and Tax | 201 | 217 | -7.373 | ||
| Total Comprehensive Income | 214 | 251 | -14.741 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 2,412 | 2,533 | -4.776 | ||
| Profit (Loss) per Share | 2.34 | 2.53 | |||
| 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 decrease of net income is due to:
1- Decrease in the income from investments. 2- Decrease in share of profit in an associate. 3- Decrease in other income. 4- Increase in losses of write off property, plant and equipment. 5- Increase in Zakat expenses. |
| Statement of the type of external auditor's report | Unmodified opinion |
| 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. (35) |
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