Al Jouf Cement Co. announces its Interim Financial Results for the Period Ending on 2021-09-30 ( Nine Months )
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Element List
Current Quarter
Similar quarter for previous year
%Change
Previous Quarter
% Change
Sales/Revenue
54,884,837
68,937,620
-20.384
53,736,550
2.136
Gross Profit (Loss)
15,260,411
18,411,054
-17.112
19,678,327
-22.45
Operational Profit (Loss)
9,373,688
12,691,085
-26.139
13,549,352
-30.818
Net Profit (Loss) after Zakat and Tax
3,701,144
8,222,250
-54.986
8,117,501
-54.405
Total Comprehensive Income
4,602,446
6,440,125
-28.534
8,115,527
-43.288
All figures are in (Actual) Saudi Arabia, Riyals
Element List
Current Period
Similar period for previous year
%Change
Sales/Revenue
176,510,039
184,237,242
-4.194
Gross Profit (Loss)
67,078,876
57,794,854
16.063
Operational Profit (Loss)
49,177,058
39,414,989
24.767
Net Profit (Loss) after Zakat and Tax
31,230,871
30,680,980
1.792
Total Comprehensive Income
32,605,658
28,898,855
12.826
Total Share Holders Equity (after Deducting Minority Equity)
1,464,781,394
1,566,643,970
-6.501
Profit (Loss) per Share
0.22
0.21
All figures are in (Actual) 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 during the current quarter compared to the same quarter of the previous year is due to the decrease in the amount of sales and average selling price, and the increase in financing expenses.
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 in net profit during the current quarter compared to the previous quarter is the increase in cost of sales.
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 in net profit during the current period compared to the same period of the previous year is due to the increase in the amount of export sales despite the decrease in local sales, in addition to the decrease in the cost of sales per ton despite the increase in financing expenses and Zakat expenses, and calculating a provision for accounts receivable in the period Similar to the previous year.
Statement of the type of external auditor's report
Unmodified conclusion
Reclassification of Comparison Items
Some comparative figures have been reclassified to conform to the current presentation
The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Al Jouf Cement Company SJSC published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2021 05:56:08 UTC.
Al Jouf Cement Co SJSC is a Saudi Arabia-based closed joint stock company engaged in the manufacture and sale of cement for wholesale and retail trading of company productions and building materials. The Company's products include Ordinary Portland Cement (OPC) and Sulphate Resisting Cement (SRC). The Company establishes or participates in establishing of companies that provide and maintain industrial services for the factories inside and outside of Saudi Arabia. It establishes, manages and operates factories of ordinary and sulfate resisting Portland and other types of cement and its derivatives, such as ready-mixed concrete, blocks, tiles, and other related products. During 2010, the Company produced 1,106,601 ton clinker and 507,411 ton cement. The Companyâs wholly owned subsidiaries are Al Jouf Investment Company and Jordan Al Jouf Cement Company.