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Saudi Cement Company announces its annual financial results for the year ended 31-12-2024

SAUDI CEMENT 3030 -2.76% 39.50 -1.12
Element List Current Year Previous Year %Change
Sales/Revenue 1,675.8 1,461.8 14.64
Gross Profit (Loss) 667.4 572.9 16.5
Operational Profit (Loss) 463 417.3 10.95
Net profit (Loss) 421.9 381 10.73
Total Comprehensive Income 425.5 363.6 17.02
Total Shareholders Equity (after Deducting Minority Equity) 2,240.5 2,159.3 3.76
Profit (Loss) per Share 2.76 2.49
All figures are in (Millions) Saudi Arabia, Riyals


Element List Amount Percentage of the capital (%)
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 year compared to the last year The reason of the increase in sales revenues during the current year compared with last year is due to the increase in total value and quantities sold
The reason of the increase (decrease) in the net profit during the current year compared to the last year is The reason for the increase of current year net profit compared with last year is attributed to the increase in sales revenue, increase in share of profit of investment in an associate and decrease in finance cost, in spite of the increase in selling and distribution expenses, decrease in gain on sale of investment related to the subsidiary and decrease in other income.
Statement of the type of external auditor's report Unmodified opinion
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) None
Reclassification of Comparison Items Certain comparative figures for the previous year have been reclassified to comply with the current period presentation
Additional Information None

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