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The National Company for Glass Industries announces its Interim Financial results for the Period Ending on 2024-03-31

2150
ZOUJAJ
-1.72 %
1445/10/21     30/04/2024 09:56:45

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 31.637.1-14.82439.4-19.796
Gross Profit (Loss) 7.49.7-23.7119.1-18.681
Operational Profit (Loss) 3.67.1-49.2952.544
Net profit (Loss) 22.98.6166.27926.2-12.595
Total Comprehensive Income 22.98.6166.27924.7-7.287
All figures are in (Millions) Saudi Arabia, Riyals


Element ListCurrent PeriodSimilar period for previous year%Change
Total Share Holders Equity (After Deducting the Minority Equity) 728.1700.33.969
Profit (Loss) per Share 0.70.26
All figures are in (Millions) Saudi Arabia, Riyals


Element ListPercentage of the capital (%)Amount
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
All figures are in (Millions) Saudi Arabia, Riyals


Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is Decreased Sales, due to lower production for installing machines to improve the product quality.
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 is, increase profit from Joint venture companies in the float glass sector due to full Plant operation of The Saudi Guardian International Float Glass Company Limited.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is Decreased Sales, due to lower production for installing machines to improve the product quality.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is •The reason for the decrease is, decrease in associated companies ’profit share in the float glass sector in Guardian Zoujaj International Float Glass company - Ras Al Khaimah.
Statement of the type of external auditor's report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) No
Reclassification of Comparison Items No
Additional Information -

The Capital Market Authority and Saudi 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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Key Parameters
Last Price 42.75
Net Change -0.75 (-1.72%)
Value Traded (Sar) 41,172,391.4
Volume Traded 949,647
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