| ELEMENT LIST | CURRENT QUARTER | SIMILAR QUARTER FOR PREVIOUS YEAR | %CHANGE | PREVIOUS QUARTER | % CHANGE |
|---|---|---|---|---|---|
| Sales/Revenue | 330 | 439 | -24.829 | 328 | 0.609 |
| Gross Profit (Loss) | 106 | 184 | -42.391 | 109 | -2.752 |
| Operational Profit (Loss) | 91 | 171 | -46.783 | 95 | -4.21 |
| Net Profit (Loss) after Zakat and Tax | 87 | 169 | -48.52 | 88 | -1.136 |
| Total Comprehensive Income | 87 | 169 | -48.52 | 88 | -1.136 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| ELEMENT LIST | CURRENT PERIOD | SIMILAR PERIOD FOR PREVIOUS YEAR | %CHANGE |
|---|---|---|---|
| Total Share Holders Equity (after Deducting Minority Equity) | 3,262 | 3,449 | -5.421 |
| Profit (Loss) per Share | 0.62 | 1.21 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| ELEMENT LIST | EXPLANATION |
|---|---|
| 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 decrease in net profit during the current quarter compared to the same quarter of the previous year is due to:Decrease of sales revenue due to lower demand and decrease of other revenues with an increase in general and administration expenses |
| 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 decrease in net profit during the current quarter compared to the previous quarter is due to:increase of cost of goods sold with a decrease of the other revenues. |
| Statement of the type of external auditor’s report | Unmodified conclusion |
| Reclassification of Comparison Items | Not applicable |
| Additional Information | 1- Total sales revenues during the current quarter amounted to 330 million SAR, compared to 439 million SAR for the same quarter of the previous year.2- The total shareholders’ equity (there is no minority interest) as on March 31, 2022 amounted to 3,262 million SAR, compared to 3,449 million SAR as on March 31, 2021
3- The total comprehensive income for the current quarter amounted to 87 million, compared to 169 million for the same quarter of the previous year. 4- The statement of financial position data as of December 31, 2021 and the statement of profit or loss and other comprehensive for the three-month period ending on March 31, 2021 have been re-presented in line with the requirements of IAS (8) “Change in Accounting Policies, Change in Accounting Estimates and Accounting Errors” in order to recalculate the accrual of limestone extraction expense for the Ministry of Industry and Mineral Resources. 5- Basic earnings per share is calculated based on the profit distributable to shareholders for ordinary shares and using the weighted average for the number of ordinary shares outstanding at the date of the financial statements. |
