Southern Province Cement Co. announces its Annual Financial results for the period ending on 2024-12-31
Element List | Current Year | Previous Year | %Change | ||
---|---|---|---|---|---|
Sales/Revenue | 935 | 1,070 | -12.62 | ||
Gross Profit (Loss) | 343 | 277 | 23.83 | ||
Operational Profit (Loss) | 268 | 203 | 32.02 | ||
Net profit (Loss) | 244 | 195 | 25.13 | ||
Total Comprehensive Income | 256 | 200 | 28 | ||
Total Shareholders Equity (after Deducting Minority Equity) | 3,371 | 3,286 | 2.59 | ||
Profit (Loss) per Share | 1.74 | 1.4 | |||
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 decrease in sales is due to decrease in sales volume |
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 in net profit during this year compared to the previous year is due to:
1- Increase in average selling price 2- Decrease of cost of goods sold 3- Decrease in selling and distribution expenses 4- Increase in other revenues |
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 | Some comparative figures have been reclassified to tally with current presentation. |
Additional Information | Basic earnings per share is calculated based on the distributable profit for ordinary shares using the weighted average of outstanding ordinary shares number at the date of the financial statements. |
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