Tabuk Cement Co. announces its Interim Financial Results for the Period Ending on 2023-03-31 ( Three Months )
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Reason for increase in net profit for the current quarter compared to the same quarter of the previous year is due to: 2. Decrease in cost of goods sold . 3. Increase in the average selling price . 4. Decease in cost of finance . |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is | Reason for increase in net profit for the current quarter compared to the previous quarter is due to: 2. Decrease in cost of goods sold . 3. Decrease in cost of finance . |
| Statement of the type of external auditor’s report | Unmodified conclusion |
| Reclassification of Comparison Items | Some comperative numbers have been reclassified to be in line with the current presentation of the financial statements. |
| Additional Information | During the previous quarter , the company achieved unrealized profit from investments in equity instruments at fair value through comprehensive income in the amount of 12.060 million riyals , while during the current quarter , the company did not achieve any profit or losses through comprehensive income . |