News

National Petrochemical Co. announces its Interim Financial Results for the Period Ending on 2020-03-31 ( Three Months )

Posted Petro-Admin
ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGE
Sales/Revenue1,5152,020-251,806-16.112
Gross Profit (Loss)250526-52.471403-37.965
Operational Profit (Loss)125376-66.755248-49.596
Net Profit (Loss) after Zakat and Tax50187-73.262133-62.406
Total Comprehensive Income50187-73.262106-52.83
All figures are in (Millions) Saudi Arabia, Riyals
ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE
Total Share Holders Equity (after Deducting Minority Equity)8,1987,9273.418
Profit (Loss) per Share0.10.39
All figures are in (Millions) Saudi Arabia, Riyals
ELEMENT LISTEXPLANATION
Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed toThe decrease in net profit during the current quarter compared with the same quarter of last year is attributable to lower selling prices, lower quantity sold and decrease in other income.Noting that there was a decrease in sales and distribution expenses, general and administrative expenses and financing cost.
Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed toThe decrease in net profit during the current quarter compared with previous quarter is attributable to lower selling prices and lower quantity sold.Noting that there was a decrease in sales and distribution expenses, general and administrative expenses and financing cost.
Basis of the External Auditor’s OpinionUnmodified opinion
Reclassification of Comparison ItemsCertain figures of the prior year have been re-classified to conform to the current period presentation.