ELEMENT | CURRENT QUARTER | SIMILAR QUARTER FOR PREVIOUS YEAR | % CURRENT CHANGE | PREVIOUS QUARTER | % CHANGE PREVIOUS |
NET PROFIT (LOSS) |
227.4 | 613 | -62.9 | 285.1 | -20.24 |
GROSS PROFIT (LOSS) | 373 | 760.6 | -50.96 | 412.7 | -9.62 |
OPERATIONAL PROFIT (LOSS) | 316.4 | 700.6 | -54.84 | 364 | -13.08 |
ELEMENT | CURRENT PERIOD | SIMILAR PERIOD FOR PREVIOUS YEAR | % CHANGE |
NET PROFIT (LOSS) |
512.5 | 1,168.7 | -56.15 |
GROSS PROFIT (LOSS) | 785.79 | 1,469.1 | -46.51 |
OPERATIONAL PROFIT (LOSS) | 680.4 | 1,346 | -49.45 |
EARNING OR LOSS PER SHARE, RIYALS | 0.91 | 2.08 | - |
All figures are in (Millions) Saudi Arabia, Riyals
ELEMENT | EXPLANATION |
REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH SAME QUARTER LAST YEAR | The decrease in net profit is attributable to lower production and sales volume resulted from turnaround activities as announced in Tadawul, on 4th Dec 2014 & 31st May 2015, and due to lower average sales prices for most of the products. Noting that the lower prices of some feedstock materials and sales from the inventory reduced the impact of profit decrease. |
REASONS OF INCREASE (DECREASE) FOR PERIOD COMPARED WITH SAME PERIOD LAST YEAR | The decrease in net profit is attributable to lower production and sales volume resulted from turnaround activities as announced in Tadawul on 4th Dec 2014 & 31st May 2015 and due to lower average sales prices for most of the products. Noting that lower prices of some feedstock materials and sales from the inventory reduced the impact of profit decrease |
REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH PREVIOUS QUARTER | The decrease in net profit is attributable to lower production and sales volume resulted from turnaround activities as announced in Tadawul on 4th Dec 2014 & 31st May 2015 and increase in price of some feedstock materials.Noting that the increase in average sales prices for most of the products and sales from the inventory reduced the impact of profit decrease |
RECLASSIFICATIONS IN QUARTERLY FINANCIAL RESULTS | Certain amounts have been reclassified to conform to the presentation of current period |
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