Eastern Province Cement Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 311 | 269 | 15.613 | 299 | 4.013 |
| Gross Profit (Loss) | 93 | 84 | 10.714 | 97 | -4.123 |
| Operational Profit (Loss) | 77 | 67 | 14.925 | 77 | - |
| Net profit (Loss) | 63 | 55 | 14.545 | 62 | 1.612 |
| Total Comprehensive Income | 34 | 63 | -46.031 | 59 | -42.372 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 609 | 574 | 6.097 |
| Gross Profit (Loss) | 190 | 187 | 1.604 |
| Operational Profit (Loss) | 154 | 150 | 2.666 |
| Net profit (Loss) | 125 | 134 | -6.716 |
| Total Comprehensive Income | 93 | 139 | -33.093 |
| Total Shareholders Equity (after Deducting Minority Equity) | 2,301 | 2,441 | -5.735 |
| Profit (Loss) per Share | 1.46 | 1.56 | |
| 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 quarter compared to the same quarter of the last year is | The increase is due to:
- Increase in the quantity and value of cement and precast 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 is due to:
- Increase in the quantity and value of cement sales and precast. - Decrease in general and administrative expenses. - Share of profit from an associate company. - Decrease in Impairment of investment in an associate. - Decrease in losses from revaluation of investments at fair value through profit or loss. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The increase is due to:
- increase in the quantity of cement and precast sales. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The increase is due to:
- Increase in the quantity of cement and precast sales. - Decrease in general and administrative expenses. - Share of profit from an associate company. - Decrease in Impairment of investment in an associate. - Decrease in other expenses. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The increase is due to:
- Increase in the quantity and value of cement sales and the value of precast sales. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The decrease is due to:
- Increase in marketing and sales expenses - Decrease in dividend and Murabaha income. - Decrease in other income. - Increase in other expenses. - Losses on disposal of property, plant and equipment. - Zakat expenses. |
| 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) | Not applicable |
| Reclassification of Comparison Items | Not applicable |
| Additional Information | - |
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