The National Company for Glass Industries announces its Interim Financial Results for the Period Ending on 2023-09-30 ( Nine Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 38 | 30.5 | 24.59 | 39.4 | -3.55 |
| Gross Profit (Loss) | 8.6 | -0.9 | - | 7.7 | 11.69 |
| Operational Profit (Loss) | 6.1 | -4.6 | - | 5 | 22 |
| Net Profit (Loss) after Zakat and Tax | 12.7 | 20.3 | -37.44 | 0.4 | 3,075 |
| Total Comprehensive Income | 12.7 | 20.3 | -37.44 | 0.4 | 3,075 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 114.5 | 81.4 | 40.66 |
| Gross Profit (Loss) | 26.1 | 6.3 | 314.29 |
| Operational Profit (Loss) | 18.2 | -3.6 | - |
| Net Profit (Loss) after Zakat and Tax | 21.7 | 92.7 | -76.59 |
| Total Comprehensive Income | 21.7 | 92.7 | -76.59 |
| Total Share Holders Equity (after Deducting Minority Equity) | 696.9 | 700 | -0.44 |
| Profit (Loss) per Share | 0.66 | 2.82 | |
| 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 in net profit for the current quarter compared to the same quarter of the previous year was due to:
Decrease in associated companies profit in the float glass sector due to The Saudi Guardian International Float Glass Company Limited operation gradually picking up to full capacity operation after maintenance. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is | The reason for the decrease in net profit for the current period compared to the same period of the previous year were due to: -
Decrease in associated companies profit in the float glass sector due to maintenance at Saudi Guardian International Float Glass Company Limited as well as profit decrease at Guardian Zoujaj International Float Glass co. LLC. |
| 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 decrease in net profit for the current period compared to the same period of the previous year were due to: -
Decrease in associated companies profit in the float glass sector due to maintenance at Saudi Guardian International Float Glass Company operation gradually picking up to full capacity operation after maintenance. as well as profit decrease at Guardian Zoujaj International Float Glass co. LLC. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | The comparative figures have been reclassified to conform to the presentation in the current period |
| Additional Information | The Saudi Guardian International Float Glass Company completed the maintenance activities and commercial operation start up . |
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