اعلان شركة الأسمنت العربية عن النتائج المالية الأولية للفترة المنتهية في 2021-09-30 ( تسعة أشه

A3010 ACC0.2 (0.51 %)
1443/03/20 Tue Oct 26, 2021 15:31:38

Arabian 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	222.9	237	-5.949	233	-4.334
Gross Profit (Loss)	67.8	102.7	-33.982	63	7.619
Operational Profit (Loss)	45.7	89.4	-48.881	37.6	21.542
Net Profit (Loss) after Zakat and Tax	37.7	78.9	-52.217	33.5	12.537
Total Comprehensive Income	13.1	113.8	-88.488	33.3	-60.66
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	777.4	581.1	33.78
Gross Profit (Loss)	234.9	205.6	14.25
Operational Profit (Loss)	161.7	161.37	0.204
Net Profit (Loss) after Zakat and Tax	138.2	131.6	5.015
Total Comprehensive Income	122.7	143.2	-14.315
Total Share Holders Equity (after Deducting Minority Equity)	2,779.2	2,823.9	-1.582
Profit (Loss) per Share	1.38	1.32
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 reasons for the decrease in the net profit of the current period compared to the same period of the previous year are: decrease in the value of sales in Arabian Cement as result of the decrease of average sale price and increase in the COGS and marketing expenses due to increase of export volume and decrsase in dividends distribution from investment; despite the increase in profit from investment in subsidary and sister companies and decrease in Zakat provision and Finance cost .
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 reasons for the increase in the net profit of the current period compared to the previous period of the previous year are: decrease in the COGS and G&A expenses in Arabian Cement and the increase of value of sales in the subsidry in Jordan and increase of profit from investment in subsidry and sister companies; despite the decrease in the volume and value of sales in Arabian Cement as a result of decrease in demand and average sale price and dividends distribution from investment.
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 reasons for the increase in the net profit of the current period compared to the same period of the previous year are: increase in the volume and value of sales in Arabian Cement and the subsidary in Jordan despite the decrease of average sale price and increase of marketing expenses due to increase of export volume.
Statement of the type of external auditor's report	Unmodified conclusion
Reclassification of Comparison Items	N/A

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