News

National Petrochemical Co. announces its interim Financial results for the period ending on 2018-09-30 ( Nine Months )

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGE
Sales/Revenue2,2971,75530.8832,2392.59
Total Profit (Loss)73655233.333739-0.405
Profit (Loss) Operational56940440.841573-0.698
Net Profit (Loss) after Zakat and Tax30719755.8372886.597
Total Comprehensive Income30719755.8372886.597
All figures are in (Millions) Saudi Arabia, Riyals

ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE
Sales/Revenue6,7475,19529.874
Total Profit (Loss)2,2381,47551.728
Profit (Loss) Operational1,7481,02171.204
Net Profit (Loss) after Zakat and Tax92949786.921
Total Comprehensive Income92949786.921
Total Share Holders Equity (after deducting minority equity)7,4866,41516.695
Profit (Loss) per Share1.941.04
All figures are in (Millions) Saudi Arabia, Riyals

ELEMENT LISTEXPLANATION
Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous yearThe increase in net profit during the current quarter compared with the same quarter of last year is attributable to:- Increase of sales due to the improved production and average selling prices.- Decrease in general and administrative expenses.- Increase in Other income.- Decrease in Zakat expenses.
Reason for increase (decrease) in net profit for current quarter compared to the previous quarterThe increase in net profit during the current quarter compared to the previous quarter is attributable to:- Increase of sales due to the improved production.- Decrease in general and administrative expenses.- Decrease in the financial cost.- Increase in Other income.- Decrease in Zakat expenses.
Reason for increase (decrease) in net profit for current period compared to the similar period of the previous yearThe increase in net profit during the current period compared with the same period of last year is attributable to:- Increase of sales due to the improved production and average selling prices.- Decrease in general and administrative expenses.
Type of the external auditor’s opinionUnmodified opinion
Reclassifications in quarter financial resultCertain figures of the prior year have been re-classified to conform to the current period presentation.