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Saudi Lime Industries Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )
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LIME INDUSTRIES
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1445/02/08 24/08/2023 09:14:34
| Element List | Current Period | Similar period for previous year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 71,533,374 | 70,902,439 | 0.89 | ||
| Gross Profit (Loss) | 31,026,357 | 31,126,736 | -0.32 | ||
| Operational Profit (Loss) | 4,585,018 | 6,689,348 | -31.46 | ||
| Net Profit (Loss) after Zakat and Tax | 4,674,756 | 6,517,219 | -28.27 | ||
| Total Comprehensive Income | 4,674,756 | 6,517,219 | -28.27 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 271,133,736 | 237,264,643 | 14.27 | ||
| Profit (Loss) per Share | 0.23 | 0.33 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Explanation |
|---|---|
| Increase (Decrease) in Net Profit for Current Period Compared to Previous Period is Attributed to | The decrease in the Company's net profit for the current period is mainly as a result of the increase in diesel prices by 20% since the beginning of the year which affected the transportation cost of raw materials and finished goods in addition to the increase in the cost of production given the dependence of our industry on fuels. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Certain comparative figures have been reclassified for better presentation of the financial statements. |
| Additional Information | Basic diluted earnings per share is based on the profit attributable to shareholders and the weighted average number of ordinary outstanding shares. Earnings per share for the period ended June 30, 2023 were calculated on the basis of the weighted average number of outstanding shares during the period which is 20,666,667 shares. |
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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