AnnouncementDetails

Actions

The National Company for Glass Industries (Zoujaj) announces its Interim Financial Results for the Period Ending on 2020-03-31 ( Three Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 22.126-14.99916.335.582
Gross Profit (Loss) 2.56.5-61.538-0.4-
Operational Profit (Loss) -12.9--3.6-72.222
Net Profit (Loss) after Zakat and Tax 2.34.6-50-26.5-
Total Comprehensive Income 2.34.6-50-27.2-
All figures are in (Millions) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Total Share Holders Equity (after Deducting Minority Equity) 595.5655.1-9.097
Profit (Loss) per Share 0.070.14
All figures are in (Millions) Saudi Arabia, Riyals
Element ListExplanation
Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to The reason for the decrease in net profit is due to operating losses from the glass container business due to the decrease in sales. The reason is also due to the decrease in the company's share of profits of associates operating in flat glass activity due to lower sales.
Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to The reason for the increase in net profit is due to the increase in sales in the glass container business in the current quarter compared to the previous quarter. Note that the results of the previous quarter include non-recurring expenses represented in writing off debts on the associate (Sanlec) in the previous quarter with a value of 20.3 million SR and writing off damaged inventory of the Dammam plant stopped in the previous quarter with an amount of 6.6 million SR
Basis of the External Auditor's Opinion Unmodified opinion
Reclassification of Comparison Items The comparative figures have been reclassified to conform to the presentation in the current period
Additional Information Earnings per share is based on the weighted average number of 32,900,000 shares for the current quarter as well as the same quarter for the previous year.

The Capital Market Authority and the Saudi Stock 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.

Company Profile

Actions

Company Profile

Summary

Last Price Net Change
24.92 -0.53 (-2.08%)
Value Traded (SAR) Volume Traded
11,857,097.66 476,317