Yanbu Cement Company announces its Interim Condensed Consolidated Financial Results for the period ended on 31-03-2024 (Three months)

12 May 2024 02:35 PM

YCC 3060 -4.52% 18.59 -0.88

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	234.17	224.01	4.535	193.92	20.755
Gross Profit (Loss)	83.8	72.53	15.538	23.14	262.143
Operational Profit (Loss)	65.26	55.74	17.079	4.42	1,376.47
Net profit (Loss)	58.31	51.01	14.31	18.09	222.332
Total Comprehensive Income	58.31	51.01	14.31	15.38	279.128
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Share Holders Equity (After Deducting the Minority Equity)	2,710.31	2,819.7	-3.879
Profit (Loss) per Share	0.37	0.32
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Percentage of the capital (%)	Amount
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The increase in revenues for the current quarter compared to the same quarter of the previous year is due to the increase in the quantity and value of sales.
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 increase in net profit during the current quarter compared to the same quarter of the previous year is due to the increase in the quantity and value of sales, increase in other revenues, despite the increase in administrative and general expenses, financing costs, and Zakat expenses.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The increase in revenues for the current quarter compared to the previous quarter is due to the improvement in the selling price.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The increase in profits for the current quarter compared to the previous quarter is due to the improvement in selling price and the decline in administrative and general expenses despite the decline in other revenues.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	There is no
Reclassification of Comparison Items	There is no
Additional Information	There is no

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