ZOUJAJ

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 ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 31.637.1-14.82439.4-19.796
Gross Profit (Loss) 7.49.7-23.7119.1-18.681
Operational Profit (Loss) 3.67.1-49.2952.544
Net profit (Loss) 22.98.6166.27926.2-12.595
Total Comprehensive Income 22.98.6166.27924.7-7.287
All figures are in (Millions) Saudi Arabia, Riyals


Element ListCurrent PeriodSimilar period for previous year%Change
Total Share Holders Equity (After Deducting the Minority Equity) 728.1700.33.969
Profit (Loss) per Share 0.70.26
All figures are in (Millions) Saudi Arabia, Riyals


Element ListPercentage 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 ListExplanation
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 -

Other Announcements

FAD
2024-05-16

The Board of Directors of FAD International Company invites them shareholders to attend the extraordinary general assembly meeting (first meeting) via modern technology.

Read More
MULKIA
2024-05-16

Mulkia Investment Co. Board invites its shareholders to attend the Extraordinary General Assembly Meeting the ( First Meeting )

Read More
BALADY
2024-05-16

Addendum Announcement from Balady Poultry Trading Co. in regards to Signing a contract for the supply of poultry meat processing plant equipment

Read More