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. |
Back
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