IssuerAnnouncementDetailsV2Portlet
Eastern Province Cement Co. announces its Interim Financial results for the Period Ending on 2026-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 344 | 311 | 10.61 | 354 | -2.824 |
| Gross Profit (Loss) | 100 | 93 | 7.526 | 100 | - |
| Operational Profit (Loss) | 80 | 77 | 3.896 | 81 | -1.234 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 69 | 63 | 9.523 | 72 | -4.166 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 90 | 34 | 164.705 | 81 | 11.111 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 698 | 609 | 14.614 |
| Gross Profit (Loss) | 200 | 190 | 5.263 |
| Operational Profit (Loss) | 161 | 154 | 4.545 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 141 | 125 | 12.8 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 170 | 93 | 82.795 |
| Total Shareholders Equity (after Deducting Minority Equity) | 2,460 | 2,301 | 6.91 |
| Profit (Loss) per Share | 0.8 | 0.74 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The increase in revenue is due to: - Increase in the quantity of cement sales. |
| 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 increase in net profit is due to: - Increase gross profit as a result to increase the revenue. - Increase the other income. - Increase the gains from the revaluation of investments at fair value through P&L. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The decrease in revenue is due to: - Decrease in the quantity of cement sales. - Decrease in the value of precast sales. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The decrease in net profit is due to: - Decrease gross profit as a result to decrease the revenue. - Increase the general and administrative expenses. - Decrease the income from dividend and murabaha deposit. - Decrease in gains from the revaluation of investments at fair value through P&L. - Recognition of expected credit loss provisions during the current quarter. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The increase is due to: - Increase in the quantity of cement sales. - Increase in value of precast sales. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The increase in net profit is mainly due to: - Increase gross profit as a result to increase the revenue. - Increase in the share of results from the associate company. - Decrease in other expenses. - Increase in gains from the revaluation of investments at fair value through P&L. |
| 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) | Not applicable |
| Reclassification of Comparison Items | Not applicable |
| Additional Information | - |
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