A3080 EPCCO0.4 (0.84 %)
1443/03/22 Thu Oct 28, 2021 08:10:02
Eastern Province 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 169 159 6.289 212 -20.283
Gross Profit (Loss) 56 51 9.803 81 -30.864
Operational Profit (Loss) 45 40 12.5 64 -29.687
Net Profit (Loss) after Zakat and Tax 38 43 -11.627 62 -38.709
Total Comprehensive Income 51 52 -1.923 67 -23.88
All figures are in (Millions) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Sales/Revenue 598 539 10.946
Gross Profit (Loss) 210 189 11.111
Operational Profit (Loss) 167 150 11.333
Net Profit (Loss) after Zakat and Tax 159 158 0.632
Total Comprehensive Income 193 149 29.53
Total Share Holders Equity (after Deducting Minority Equity) 2,391 2,431 -1.645
Profit (Loss) per Share 1.85 1.84
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 is due to:

Decreased in income from investments

Decreased in share of the results of an associate

Increase in other expenses

Losses on the sale of property and equipment

Increase in zakat expense

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 is due to:

Decrease in the sales quantity of cement and precast.

Increase in selling expenses.

Decrease in income from investments.

Increase in other expenses

Increase in zakat expense

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 is due to:

Increase in the sales value and quantity of cement and precast, Increase in other income.

Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items Certain comparative period amounts have been reclassified to conform to the current period presentation. There was no effect of the reclassification on the reported results of the period.

See Note No. (17)

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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Eastern Province Cement Co. SJSC published this content on 28 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2021 12:22:18 UTC.