All figures are in (Millions) Saudi Arabia, Riyals
Element List
Current Period
Similar period for previous year
%Change
Sales/Revenue
1,011
1,222
-17.266
Gross Profit (Loss)
408
515
-20.776
Operational Profit (Loss)
361
478
-24.476
Net Profit (Loss) after Zakat and Tax
353
468
-24.572
Total Comprehensive Income
353
468
-24.572
Total Share Holders Equity (after Deducting Minority Equity)
3,108
3,145
-1.176
Profit (Loss) per Share
2.52
3.34
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 decrease in net profit during the current quarter compared to the same quarter of the previous year is due to:
Decreased sales revenue due to lower demand and Decrease in other revenues with an increase in general and administrative 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 decrease in net profit is during the current quarter compared to the previous quarter of the current year is due to:
Decreased sales revenue due to lower demand with an increase in general and administrative expenses
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 decrease in net profit during the current period compared to the same period of the previous year is due to:
Decreased sales revenue due to lower demand and Decrease in other revenues with an increase in general and administrative expenses
Statement of the type of external auditor's report
Unmodified conclusion
Reclassification of Comparison Items
Some comparative figures for the nine-months period of 2020 have been reclassified to conform to the presentation for the nine-months period of 2021.
Additional Information
1- Total sales revenues during the current period amounted to 1,011 million riyals, compared to 1,222 million riyals for the same period of the previous year.
2- The total shareholders' equity (there are no minority interests) as on September 30, 2021 amounted to 3,108 million riyals, compared to 3,145 million riyals as on 30 September 2020.
3- The total comprehensive income for the current quarter of 2021 amounted to 83 million compared to 150 million for the same quarter of the previous year.
4- The total comprehensive income for the current period of 2021 amounted to 353 million compared to 468 million for the same period of the previous year.
5- Basic earnings per share is calculated based on the profit distributable to shareholders for ordinary shares and using the weighted average number of ordinary shares outstanding at the date of the financial statements.
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.
Southern Province Cement Co. SJSC published this content on 02 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2021 14:19:05 UTC.