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Al Jouf Cement Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months ) | premargin

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	40,193,974	68,498,213	-41.321	52,041,801	-22.765
Gross Profit (Loss)	631,501	5,940,727	-89.369	-96,361,951	-
Operational Profit (Loss)	-6,686,235	-6,273,235	6.583	-120,196,378	-94.437
Net Profit (Loss) Attributable to Shareholders of the Issuer	-21,603,738	-15,235,089	41.802	-142,829,434	-84.874
Total Comprehensive Income Attributable to Shareholders of the Issuer	-21,603,738	-15,235,089	41.802	-142,657,242	-84.856
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	888,487,838	1,101,248,972	-19.319
Profit (Loss) per Share	-0.2	-0.14
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
Accumulated Losses	-152,449,012	-0.14
All figures are in (Actual) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The decrease in revenue during the current quarter compared to the same quarter of the previous year is due to a decrease in domestic sales volumes, despite an improvement in average selling prices and an increase in export volumes.
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 slight increase in net loss for the current quarter compared to the same quarter of the previous year is due to a decrease in revenue.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The decrease in revenue during the current quarter compared to the previous quarter is due to a decrease in local sales volumes due to the start of the holy month of Ramadan and the Eid al-Fitr holiday, despite the improvement in average selling prices.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The decrease in net loss for the current quarter compared to the previous quarter is due to the significant decrease in operating costs, in addition to recording an inventory loss of SAR 97.8 million in the previous quarter of 2025.
Statement of the type of external auditor's report	Conservation
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)	Qualified Opinion During the year ended 31 December 2025, management recognized inventory loss of 97.8 million relating to work-in-progress inventory. This loss resulted from discrepancies between management’s inventory records and management’s expert report related to inventory year-end physical count. Consequently, management has engaged an external consultant to investigate this matter. The investigation is still ongoing as of the date of our report. Accordingly, we were unable to ascertain whether this loss pertains to the current year or prior years. Other matter The Group’s consolidated financial statement for the year ended 31 December 2024 were audited by another auditor who issued unmodified opinion on those consolidated financial statements on 30 Shawwal 1446H corresponding to 28 April 2025.
Reclassification of Comparison Items	Some comparative figures have been reclassified to conform to the current period presentation.
Additional Information	Preliminary indicators for the first quarter of 2026 point to the beginning of a gradual improvement in the company’s operational performance as a result of continued efforts to raise operational efficiency and improve cost management, despite the continued challenges related to high fuel costs and levels of competition in the market.