City Cement Co. announces its Annual Financial Results for the Period Ending on 2020-12-31
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 572,279,687 | 531,377,516 | 7.697 | ||
| Gross Profit (Loss) | 256,960,234 | 231,112,702 | 11.183 | ||
| Operational Profit (Loss) | 220,047,066 | 195,031,731 | 12.826 | ||
| Net Profit (Loss) after Zakat and Tax | 220,493,117 | 190,097,083 | 15.989 | ||
| Total Comprehensive Income | 219,794,515 | 188,752,216 | 16.446 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 1,845,041,044 | 2,257,246,529 | -18.261 | ||
| Profit (Loss) per Share | 1.22 | 1 | |||
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The main reasons for the increase in the net profit of the current period compared to the same period of the previous year are: 1. The sales value and quantity of the current period have increased compared to the same period of the previous year. 2. Zakat provision of the current period have decrease compared to the same period of the previous year. 3. General admin expenses of the current period have slightly decrease compared to the same period of the previous year. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Reclassification of Comparison Items | Some comparative figures have been reclassified to tally with the current presentation. |
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