Saudi Vitrified Clay Pipes Co. announces its Annual Financial Results for the Period Ending on 2020-12-31
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 123.4 | 122.6 | 0.652 | ||
| Gross Profit (Loss) | 40 | 38.1 | 4.986 | ||
| Operational Profit (Loss) | 13 | 12 | 8.333 | ||
| Net Profit (Loss) after Zakat and Tax | 10.7 | 8.8 | 21.59 | ||
| Total Comprehensive Income | 8.9 | 6.9 | 28.985 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 279 | 285.1 | -2.139 | ||
| Profit (Loss) per Share | 0.71 | 0.59 | |||
| All figures are in (Millions) 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 Increase in net income this year comparing to the previous year is due to the Increase in revenues and the decrease of Cost of Goods Sold |
| Statement of the type of external auditor's report | Unmodified opinion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | Doesn't exist |
| Reclassification of Comparison Items | Some of the comparative figures were reclassified for comparability |
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