| Other notes | 1-Revenue of the current quarter for the three Months period ended 30 Sep. 2017 was SR 14.441 Million. with net profit amount of SR 3.267 Million. Al Kathiri had an Earning per share (EPS) of SR 1.04 per share versus for the period three Months period ended 30 Sep. 2017. 2-Total comprehensive income for the from 20Mar.2017 to 30 Sep. 2017 was SAR SR 26.060 million, with net profit amount of SR 5.128 Million. the company had an Earning per share (EPS) of SR 1.71 per share 3-Total comprehensive income for the Nine months period ended 30 Sep. 2017 was SAR SR 37.802 million, with net profit amount of SR 5.582 Million. the company had an Earning per share (EPS) of SR 1.85 per share versus for the period ended 30 Sep. 2017 9 months 4-Equity attributable to equity (no minority interest) as at 30 Sep 2017 was SR 44.356 Million. 5-There is no prior period comparison because the period results announcement is the first for the company. The company was converted the legal entity from a limited liability to a closed share. On 20/03/2017, also there is no quarterly comparison because the first quarter results announcement for two Months and nineteen days (Started from 01/01/2017 till 19/03/2017), and the second quarter results announcement for three Months and twelve days (Started from 20/03/2017 till 30/06/2017). 6-Due to lack of comparative periods and based on our domestic lists, it follows that we provide this explanation: A-The company’s sales have stabilized for the same period despite the decrease in the prices of cement in the market from the average price of 225 Riyals per Ton during the same period of 2016 to an average price of 190 Riyals per Ton for the period 2017. This indicates that the company has risen its market share in sales in order to meet the same amount. B-During this period, the Company has spent SR 781,700 as the condition of listing the Company in the Saudi market (Nomu), Income statement have been restated to incorporate this cost in a separate item7- Earnings per share from the net profit for the period and earnings per share from the major operations for the period ended 30 September 2017 were calculated on the basis of the weighted average number of shares outstanding during the period amounting to 3,00,900 shares. The increase was to 3,139,500 shares during the period |
