Announces Southern Province Cement Co. Estimated annual financial results ending 2013-12-31 (twelve months)

ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS
Net profit (loss) 251 254 -1.18 187 34.22
Gross profit (loss) 227 275 -17.45 201 12.94
Operational profit (loss) 218 264 -17.42 188 15.96
All figures are in (Millions) Saudi Arabia, Riyals
ELEMENT CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS YEAR % CHANGE
Net profit (loss) 1,004 1,000 0.4
Gross profit (loss) 1,019 1,051 -3.04
Operational profit (loss) 974 1,008 -3.37
Earning or loss per share, Riyals 7.17 7.14
All figures are in (Millions) Saudi Arabia, Riyals
ELEMENT EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year The lack of the amount of sales
Reasons of increase (decrease) for period compared with same period last year Increase sales and government subsidy for imported clinker
Reasons of increase (decrease) for quarter compared with previous quarter The increase in the cement sales was due to the increase in the local demand
Reclassifications in quarterly financial results Been reclassified certain comparative figures have been resolved where donations of miscellaneous income from the corresponding period in the previous year when it was added in this period to general and administrative expenses