Financial Results : Riyadh Cement’s net profit down 4% to SAR 211.7 mln in 2021

Riyadh Cement’s net profit down 4% to SAR 211.7 mln in 2021

29/03/2022 Argaam Exclusive

View other reports

Riyadh Cement Co. reported a net profit after Zakat and tax of SAR 211.7 million in 2021, a 4% decline from SAR 220 million a year earlier. 

 

The profit decline was attributed to higher general and administrative expenses and increased Zakat expenses in 2021, compared to the previous year, despite increase of sales value.



Financials (M)

Item 2020 2021 Change‬
Revenues 590.29 671.07 13.7 %
Gross Income 254.10 266.55 4.9 %
Operating Income 226.89 229.14 1.0 %
Net Income 219.95 213.73 (2.8 %)
Average Shares 120.00 120.00 -
EPS (Riyals) 1.83 1.78 (2.8 %)


Shareholders’ equity, after minority interest, edged down 1.5% to SAR 1.671 billion in 2021, from SAR 1.696 billion in 2020.

View More Financial Results

 

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.