Yamama Cement Co. announces its Annual Financial Results for the Period Ending on 31 December 2023

Yamama Cement Co. announces its Annual Financial Results for the Period Ending on 31 December 2023



12 February 2024 04:06 PM

YSCC

3020

9.47%

32.95

2.85

Element List

Current Year

Previous Year

%Change

Sales/Revenue

935,193

1,008,111

-7.23

Gross Profit (Loss)

335,357

408,646

-17.93

Operational Profit (Loss)

263,557

333,130

-20.88

Net profit (Loss)

304,252

355,799

-14.49

Total Comprehensive Income

284,542

371,278

-23.36

Total Share Holders Equity (After Deducting the Minority Equity)

4,733,306

4,651,265

1.76

Profit (Loss) per Share

1.5

1.76

All figures are in (Thousands) 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 (Thousands) 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 main reason for the decrease in revenues for the current period compared to the previous year is: • Decrease in quantity and value of sales due to a decrease in local demand.

The reason of