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City Cement Co. announces the interim financial results for the period ending on 30-06-2016 (Six Months)

Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss) 64.85 68.25 -4.98 73.2 -11.41
Gross profit (loss) 75.42 78.57 -4.01 83.79 -9.99
Operational profit (loss) 68.45 71.07 -3.69 77.06 -11.17
All figures are in (Millions) Saudi Arabia, Riyals
Element Current period Similar period for previous year % Change
Net profit (loss) 138.05 135.84 1.63
Gross profit (loss) 159.21 154.31 3.18
Operational profit (loss) 145.52 141.65 2.73
Earning or loss per share, Riyals 0.73 0.72 -
All figures are in (Millions) Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year decrease is due to increase in cost of sales increase in Zakat provision although there is an increase in sales quantities other income decrease in sales expenses and general admin expenses
Reasons of increase (decrease) for period compared with same period last year Increase is due to increase in sales quantities increase in other income and decrease in sales expenses although there is an increase in cost of sales Zakat provision and general admin expenses
Reasons of increase (decrease) for quarter compared with previous quarter decrease is due to decrease in sales quantities increase in sales expenses although there is a decrease in cost of sales general admin expenses and increase in other income

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.

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9.75 0.08 (+0.83%)
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