Saudi Vitrified Clay Pipes Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )

16 May 2022 08:04 AM

SVCP 2360 0.28% 28.30 0.08

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	18.54	24.75	-25.09	21.1	-12.132
Gross Profit (Loss)	2.88	7.13	-59.607	5.53	-47.92
Operational Profit (Loss)	-2.69	0.94	-	0.3	-
Net Profit (Loss) after Zakat and Tax	1.27	0.23	452.173	0.91	39.56
Total Comprehensive Income	1.27	0.23	452.173	0.92	38.043
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)	278.21	279.21	-0.358
Profit (Loss) per Share	0.09	0.02
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 increase in the net profit during the current quarter compared to the same quarter of last year is due to the increase in other revenue against Receipt of an advance payment of insurance coverage compensation.
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 increase in the net profit during the current quarter compared to the previous quarter is due to the increase in other revenue against Receipt of an advance payment of insurance coverage compensation.
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	Some of the comparative figures were reclassified for comparability

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