National Petrochemical Company (Petrochem) announces the distribution of dividend for the 2017 financial year.

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The Board of Directors of the National Petrochemical Company (Petrochem), on 20-06-1439 Hijri, corresponding to 8-03-2018, has announced its recommendation to the Company General Assembly the distribution of dividends to the shareholders for the 2017 financial year as per the following: 1 – Number of shares eligible for dividends: 480,000,000 shares. 2 – Total amount […]

National Petrochemical Co. announces the annual financial results for the period ending on 31-12-2017

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ELEMENT CURRENT YEAR PREVIOUS YEAR % CHANGE Net profit (loss) 888.3 397.4 123.53 Earning or loss per share, Riyals 1.85 0.83 – Gross profit (loss) 2,263.5 1,609 40.68 Operational profit (loss) 1,626.2 1,015.8 60.09 All figures are in (Millions) Saudi Arabia, Riyals   ELEMENT EXPLAINATION Reasons of annual financial results The main reasons for the […]