17 Apr 2016
ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE
NET PROFIT (LOSS) 401.9 285.1 40.97 393.1 2.24
GROSS PROFIT (LOSS) 521.3
412.7
26.31
537.2
-2.96
OPERATIONAL PROFIT (LOSS) 473.8
364
30.16
478.2
30-0.92
EARNING OR LOSS PER SHARE, RIYALS 0.71
0.51
- - -

All figures are in (Millions) Saudi Arabia, Riyals

ELEMENT EXPLANATION
REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH SAME QUARTER LAST YEAR
The increase in net profit are attributable to decrease in some of feedstock prices, decrease in slow movement spare parts provision and some of fixed cost despite lower average sales prices for most of the products.
REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH PREVIOUS QUARTER
The increase in net profit are attributable to decrease in some of feedstock prices and decrease in slow movement spare parts provision despite lower sales quantities.
RECLASSIFICATIONS IN QUARTERLY FINANCIAL RESULTS
Certain amounts have been reclassified to conform to the presentation of current period.

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Yanbu National Petrochemical Company issued this content on 17 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 April 2016 11:27:28 UTC

Original Document: http://www.yansab.com.sa/en/news/2016/20160417-YANBU-NATIONAL-PETROCHEMICAL-CO-ANNOUNCES-THE-INTERIM-FINANCIAL-RESULTS-FOR-THE-PERIOD-ENDI.aspx