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National Metal Manufacturing and Casting Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )

MAADANIYAH 2220 0.74% 16.30 0.12
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 77.03 65.26 18.035 61.51 25.231
Gross Profit (Loss) 2.99 3.62 -17.403 1.11 169.369
Operational Profit (Loss) -5.49 -5.28 3.977 -6.44 -14.751
Net Profit (Loss) after Zakat and Tax -7.14 -7.08 0.847 -8.43 -15.302
Total Comprehensive Income -7.14 -7.08 0.847 -11.1 -35.675
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) 344.66 261.05 32.028
Profit (Loss) per Share -0.2 -0.24
All figures are in (Millions) Saudi Arabia, Riyals
Accumulated Losses Capital Percentage %
36.51 354 10.31
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 Reasons for the increase in losses during current quarter compare to the same quarter last year in spite of increase in sales are increase in production cost, increase in selling & distribution expenses, increase in general and administrative expenses and increase in Zakat provision.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is Reasons for the decrease in net losses for current quarter compare to the previous quarter are improvement in sales, decrease in financial chargers, in addition to recording losses in actuarial evaluation for employees' end of service liabilities during previous quarter.
Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items none
Additional Information The losses per share for the current quarter and same quarter last year is calculated by dividing the net losses for the quarter after Zakat attributable to shareholders over the weighted average number of ordinary shares as end of current quarter and previous year. The weighted average shares for the current quarter is 35,400,000 shares compared to same quarter last year of 29,520,822 shares.

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