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Saudi Vitrified Clay Pipes Co. announces its Annual Financial Results for the Period Ending on 2022-12-31
2360
SVCP
-1.54
%
1444/08/13 05/03/2023 08:19:58
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 76.3 | 88.7 | -13.98 | ||
| Gross Profit (Loss) | 4.4 | 21.5 | -79.53 | ||
| Operational Profit (Loss) | -20 | -1.1 | 1,718.18 | ||
| Net Profit (Loss) after Zakat and Tax | -8.8 | -2.1 | 319.05 | ||
| Total Comprehensive Income | -8.2 | -2 | 310 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 268.7 | 277 | -3 | ||
| Profit (Loss) per Share | -0.58 | -0.14 | |||
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The Increase in net loss this year comparing to the previous year is due to the decrease in revenues and the increase of Cost of Goods Sold |
| Statement of the type of external auditor's report | Unmodified opinion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | Doesn't exist |
| Reclassification of Comparison Items | Doesn't exist |
| Additional Information | The decrease in net losses after Zakat and tax compared to operating losses is due to the increase in other revenues by the amount of 13,074,745 SAR received from insurance co. (AL-Alamiya) as compensation of damages resulting fire incident occurred in year 2021 that announced on 01/08/2021 |
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 41.65
Net Change -0.65 (-1.54%)
Value Traded (Sar) 2,495,066.5
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