| Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to | The main reasons for the net loss during the current quarter compared with net profit of the same quarter of last year is due the following:1- The permanent shutdown of the Polystyrene unit, and the total depreciation of its value, which impacted Petrochem net income by SR 254 million.2- Lower selling prices and decrease in other income. |
| Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to | The main reasons for the net loss during the current quarter compared with net profit of the previous quarter is due the following:1- The permanent shutdown of the Polystyrene unit, and the total depreciation of its value, which impacted Petrochem net income by SR 254 million.2- Lower selling prices and decrease in other income. |
| Increase (Decrease) in Net Profit for Current Period Compared to the Similar Period of the Previous Year is Attributed to | The main reasons for the net loss during the current period compared with net profit of the same period from last year is due the following:1- The permanent shutdown of the Polystyrene unit, and the total depreciation of its value, which impacted Petrochem net income by SR 254 million.2- Lower selling prices and decrease in other income. |
| Basis of the External Auditor’s Opinion | Unmodified opinion |
| Reclassification of Comparison Items | Certain figures of the prior year have been re-classified to conform to the current period presentation. |
| Additional Information | The effect of the total depreciation of the Polystyrene unit during this quarter, is shown in the cost of sales (Income statement), which is impacted by SR 390 million, Petrochem share is SR254 million after excluding the minority share |
