Tabuk Cement Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )
| Element List | Explanation |
|---|---|
| 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 | The reason for the increase in net profit during the current quarter compared to the same quarter of the previous year is due to:
1. Decrease in cost of goods sold . 2. Increase in other income and the company obtaining distribution from investing in equity instruments in TAQA company in the amount of 5.080 million saudi riyal . 3. Decrease 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 | The reason for the decrease in net profit for the current quarter compared to the previous quarter is due to:
1. Decrease in sales quantity. 2. Decrease in average selling prices. |
| 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 reason for the increase in net profit for the current period compared to the similar period of the previous year is due to:
1.The increase in the average selling price. 2. Increase in other income and thr company obtaining distribution from investing in equity instruments in TAQA company in the amount of 5.080 million saudi riyals . 3. Decrease in cost of finance. |
| Statement of the type of external auditor’s report | Unmodified conclusion |
| Reclassification of Comparison Items | N/A |
| Additional Information | N/A |