30 April, 2024 09:56
The National Company for Glass Industries announces its Interim Financial results for the Period Ending on 2024-03-31
Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
---|---|---|---|---|---|
Sales/Revenue | 31.6 | 37.1 | -14.824 | 39.4 | -19.796 |
Gross Profit (Loss) | 7.4 | 9.7 | -23.711 | 9.1 | -18.681 |
Operational Profit (Loss) | 3.6 | 7.1 | -49.295 | 2.5 | 44 |
Net profit (Loss) | 22.9 | 8.6 | 166.279 | 26.2 | -12.595 |
Total Comprehensive Income | 22.9 | 8.6 | 166.279 | 24.7 | -7.287 |
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) | 728.1 | 700.3 | 3.969 |
Profit (Loss) per Share | 0.7 | 0.26 | |
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 | Decreased Sales, due to lower production for installing machines to improve the product quality. |
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 reason for the increase is, increase profit from Joint venture companies in the float glass sector due to full Plant operation of The Saudi Guardian International Float Glass Company Limited. |
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | Decreased Sales, due to lower production for installing machines to improve the product quality. |
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | •The reason for the decrease is, decrease in associated companies ’profit share in the float glass sector in Guardian Zoujaj International Float Glass company - Ras Al Khaimah. |
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) | No |
Reclassification of Comparison Items | No |
Additional Information | - |
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