اعلان شركة الصناعات الزجاجية الوطنية عن النتائج المالية الأولية للفترة المنتهية في 202

A2150 ZOUJAJ0.5 (1.36 %)
1443/03/25 Sun Oct 31, 2021 09:15:33

The National Company for Glass Industries 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	19.2	16.2	18.518	16	19.999
Gross Profit (Loss)	0.5	0.1	400	0.2	149.999
Operational Profit (Loss)	-4.6	-2.8	64.285	-3.1	48.387
Net Profit (Loss) after Zakat and Tax	20.1	2.6	673.076	10.3	95.145
Total Comprehensive Income	20.1	2.6	673.076	10.3	95.145
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	58.7	57.3	2.443
Gross Profit (Loss)	2.7	3.5	-22.857
Operational Profit (Loss)	-8.1	-4.2	92.857
Net Profit (Loss) after Zakat and Tax	39.3	-5.1	-
Total Comprehensive Income	39.3	-5.1	-
Total Share Holders Equity (after Deducting Minority Equity)	633	586.4	7.946
Profit (Loss) per Share	1.2	-0.16
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 increase in net profit is due to: Increase in associated companies 'profit operating in the float glass sector due to better performance.
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 increase in net profit is due to: Increase in associated companies' profit in the float glass sector due to better performance.
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 for the current period compared to the same period of the previous year was due to: - Increase in associated companies 'profit operating in the float glass sector due to better performance
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	There was an increase in operating losses for this year more than last year due to the existence of provision for impairment of trade receivables. The comparative figures have been reclassified to conform to the presentation in the current period as follows: Finance cost SAR 2.2 million and Loss from Discontinued operations SAR 0.2 million moved from operating expense to non-operating expenses. Based on this, the operating loss before reclassification SAR 6.7 million reduced to SAR 4.2 million after reclassification. Reclassification for the three months ended 30 September 2020 are mainly from Finance cost SAR 0.7 million and loss from discontinued operations SAR 0.1 million moved from operating expense to non-operating expenses. Based on this, the operating loss before reclassification SAR 3.6 million reduced to SAR 2.8 million after reclassification. The above reclassifications have no impact to the net Income (loss) for the periods, it was reclassified last year.

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.