Yamamah Cement Company Announces Preliminary Financial Results for the Period Ending 2019-06-30 (Six Months)



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Item Quarter in progress The same quarter of the previous year Switch% The previous quarter Switch%
Sales / income 165,334 111,994 47.627 213,882 22698
Total gain (loss) 65,447 -13,339 90,746 -27.878
Operating income 50,786 29.595 73,887 -31.265
Net profit after Zakat and taxes 53 172 -36 254 70,632 24719
Total gross income 57,859 -38.168 74,716 22561
All figures are in thousands of Saudi Riyals
Item Current period The same period last year Switch%
Sales / income 379.216 253.146 49801
Total gain (loss) 156,193 25,471 513218
Operating income 124,673 -4.640
Net profit after Zakat and taxes 123,803 -12.411
Total gross income 132.575 22,527
Total equity (excluding minority interest) 3,501,674 3,414,912 2.54
Profit (loss) per share 0.61 -0.06
All figures are in thousands of Saudi Riyals
Item Clarification
The increase (decrease) in net income in the current quarter is due in the same quarter last year The main reason for the increase in net income for the current quarter compared to the same quarter of the previous year is as follows:

1. Sales increase for the current quarter compared to the same quarter of the previous year.

2. The increase in other income for the current quarter compared to the same quarter of the previous year.

3. The decrease in general and administrative expenses for the current quarter compared to the same quarter of the previous fiscal year.

The increase (decrease) in net income in the current quarter is due in the previous quarter The main reason for the increase in net income for the current period compared to the same period last year is as follows:

1. High sales volume for the current period compared to the same period last year.

2. High sales value for the current period compared to the same period last year.

3. The increase in other income for the period in comparison with the same period of the previous year.

The increase (decrease) in net income in the current period is due to the same period last year The decrease in net income for the current quarter compared to the previous quarter is mainly due to:

– the decrease in the quantity of sales for the current quarter compared with the previous quarter of the same year.

The nature of the auditor's opinion Unqualified opinion

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