14 Feb 2016
ELEMENT CURRENT YEAR PREVIOUS YEAR % CHANGE
NET PROFIT (LOSS) 2,130 3,174 -32.89
EARNING OR LOSS PER SHARE, RIYALS 5.11
 7.62
 -
GROSS PROFIT (LOSS) 2,085
 3,072
 -32.13
OPERATIONAL PROFIT (LOSS) 2,014
 2,975
 -32.3

All figures are in (Millions) Saudi Arabia, Riyals

ELEMENT EXPLANATION
REASONS OF ANNUAL FINANCIAL RESULTS
 Lower selling prices for the company's products and the declining of the company's share of profits from Ibn AlBayttar.
Reclassifications in annual financial results
 Certain previous period expenses have been re-classified from other income to cost of sales to conform to the presentation of financial statements in the current period.
OTHER NOTES
 Earnings per share was based on the number of the company's shares (416.666.666) after the approved increase in capital by the Extraordinary General Meeting of the company on 06.04.2015.

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SAFCO - Saudi Arabia Fertilizers Co. issued this content on 14 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 February 2016 09:02:19 UTC

Original Document: http://www.safco.com.sa/en/news/2016/20160214-SAFCO-Announces-Anual-financial-results.aspx