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Category: News
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Corrective announcement from National Petrochemical Co. regarding the annual financial results for the period ending on 31-12-2017
Corrective announcement by National Petrochemical Company (Petrochem) regarding 2017 Financial year results which was published on Tadawul’s website on 8 March 2018. Under item Other Notes the commas appeared as dots. The previous announcement stated as follows: Gross sales for the current period amounted to SR. 9.045 million compared to SR. 6.066 million for the […]
National Petrochemical Company (Petrochem) announces the distribution of dividend for the 2017 financial year.
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
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 […]