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Saudi Vitrified Clay Pipes Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 18.5424.75-25.0921.1-12.132
Gross Profit (Loss) 2.887.13-59.6075.53-47.92
Operational Profit (Loss) -2.690.94-0.3-
Net Profit (Loss) after Zakat and Tax 1.270.23452.1730.9139.56
Total Comprehensive Income 1.270.23452.1730.9238.043
All figures are in (Millions) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Total Share Holders Equity (after Deducting Minority Equity) 278.21279.21-0.358
Profit (Loss) per Share 0.090.02
All figures are in (Millions) Saudi Arabia, Riyals
Element ListExplanation
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 the net profit during the current quarter compared to the same quarter of last year is due to the increase in other revenue against Receipt of an advance payment of insurance coverage compensation.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is The increase in the net profit during the current quarter compared to the previous quarter is due to the increase in other revenue against Receipt of an advance payment of insurance coverage compensation.
Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items Some of the comparative figures were reclassified for comparability

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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