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Tabuk Cement Co. announces its Interim Financial Results for the Period Ending on 2023-03-31 ( Three Months )

3090
TCC
1.89 %
1444/10/25     15/05/2023 08:02:16

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 86.2862.1838.7687.44-1.33
Gross Profit (Loss) 30.615.02509.7626.4415.77
Operational Profit (Loss) 22.68-2.49-20.719.51
Net Profit (Loss) after Zakat and Tax 19.35-6.92-17.619.88
Total Comprehensive Income 19.35-6.92-29.16-33.64
All figures are in (Millions) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Total Share Holders Equity (after Deducting Minority Equity) 1,296.811,260.532.88
Profit (Loss) per Share 0.21-0.08
All figures are in (Millions) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is Reason for increase in net profit for the current quarter compared to the same quarter of the previous year is due to:

1. Increase in quantity and value of sales .

2. Decrease in cost of goods sold .

3. Increase in the average selling price .

4. Decease in cost of finance .

The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is Reason for increase in net profit for the current quarter compared to the previous quarter is due to:

1. Increase in the average selling price.

2. Decrease in cost of goods sold .

3. Decrease in cost of finance .

Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items Some comperative numbers have been reclassified to be in line with the current presentation of the financial statements.
Additional Information During the previous quarter , the company achieved unrealized profit from investments in equity instruments at fair value through comprehensive income in the amount of 12.060 million riyals , while during the current quarter , the company did not achieve any profit or losses through comprehensive income .

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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Last Price 10.8
Net Change 0.2 (+1.89%)
Value Traded (Sar) 2,570,218.8
Volume Traded 238,338
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