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Riyadh Cement Co. announces its Annual Financial results for the period ending on 2023-12-31

3092
RIYADH CEMENT
4.00 %
1445/09/08     18/03/2024 15:40:47

Element ListCurrent YearPrevious Year%Change
Sales/Revenue 643,383,248598,006,1167.59
Gross Profit (Loss) 236,899,163231,545,6352.31
Operational Profit (Loss) 201,063,809201,935,542-0.43
Net profit (Loss) 188,772,499189,839,971-0.56
Total Comprehensive Income 190,582,081193,105,477-1.31
Total Share Holders Equity (After Deducting the Minority Equity) 1,679,767,8211,675,185,7400.27
Profit (Loss) per Share 1.571.58
All figures are in (Actual) Saudi Arabia, Riyals


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


Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year The main reason for the increase in revenues for the current period compared to the previous year is due to Increase sales quantity.
The reason of the increase (decrease) in the net profit during the current year compared to the last year is The reason for the decrease in net profits is due to the increase in general and administrative expenses and Zakat expenses.
Statement of the type of external auditor's report Unmodified opinion
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) N/A
Reclassification of Comparison Items Some of the same last year period comparative figures were reclassified to comply with the current period comparative figures
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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