IssuerAnnouncementDetailsV2Portlet
Yamama Cement Co. announces its Interim Financial results for the Period Ending on 2024-06-30 (Six Months)
Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
---|---|---|---|---|---|
Sales/Revenue | 243,722 | 218,940 | 11.319 | 273,709 | -10.955 |
Gross Profit (Loss) | 110,367 | 83,558 | 32.084 | 136,906 | -19.384 |
Operational Profit (Loss) | 86,809 | 67,388 | 28.819 | 117,544 | -26.147 |
Net profit (Loss) | 84,617 | 98,309 | -13.927 | 115,034 | -26.441 |
Total Comprehensive Income | 82,116 | 98,666 | -16.773 | 114,408 | -28.225 |
All figures are in (Thousands) Saudi Arabia, Riyals |
Element List | Current Period | Similar period for previous year | %Change |
---|---|---|---|
Sales/Revenue | 517,431 | 498,804 | 3.734 |
Gross Profit (Loss) | 247,273 | 217,394 | 13.744 |
Operational Profit (Loss) | 204,353 | 184,480 | 10.772 |
Net profit (Loss) | 199,650 | 210,708 | -5.248 |
Total Comprehensive Income | 196,524 | 210,529 | -6.652 |
Total Shareholders Equity (after Deducting Minority Equity) | 4,727,330 | 4,659,294 | 1.46 |
Profit (Loss) per Share | 0.99 | 1.04 | |
All figures are in (Thousands) 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 (Thousands) 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 main reason for the increase in sales for the current quarter compared to the same quarter of the previous year is due to: • An increase in the value of sales for the current quarter compared to the same quarter of the previous year. |
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 main reason for the decrease in net profit for the current quarter compared to the same quarter of the previous year is due to: • A decrease in other revenues for the current quarter compared to the same quarter of the previous year, in addition to the increase in general, administrative and selling expenses. Note that there is a growth in operating profit by 29%. |
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The main reason for the decrease in sales for the current quarter compared to the previous quarter is due to: • A decrease in the quantity and value of sales for the current quarter compared to the previous quarter due to it falling within part of the holy month of Ramadan, Eid al-Fitr holiday, and Eid al-Adha holiday. |
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The main reason for the decrease in net profit for the current quarter compared to the previous quarter is due to: • A decrease in the quantity and value of sales for the current quarter compared to the previous quarter due to it being part of the holy month of Ramadan, the Eid al-Fitr holiday, and the Eid al-Adha holiday • An increase in general, administrative, selling, distribution, and financing expenses for the current quarter compared to the previous 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 main reason for the increase in sales for the current period compared to the same period of the previous year is due to: • An increase in the value of sales for the current period compared to the similar period of the previous year. |
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 main reason for the decrease in net profit for the current period compared to the similar period of the previous year is due to: • A decrease in other revenues for the current period compared to the same period of the previous year, in addition to the increase in general, administrative and selling expenses. Note that there is a growth in operating profit by 11%. |
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) | None |
Reclassification of Comparison Items | None |
Additional Information | - |
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