Yanbu National Petrochemical Co. YANSAB announces the interim financial results for the period ending on 30-09-2018 (Nine Months)
10/23/2018
ELEMENT | CURRENT QUARTER | SIMILAR QUARTER FOR PREVIOUS YEAR | % CURRENT CHANGE | PREVIOUS QUARTER | % CHANGE PREVIOUS |
---|---|---|---|---|---|
NET PROFIT (LOSS) | 729 | 644.6 | 13.09 | 820.9 | -11.20 |
GROSS PROFIT (LOSS) | 839.2 | 780.3 | 7.55 | 937.6 | -10.49 |
OPERATIONAL PROFIT (LOSS) | 710.8 | 653.6 | 8.75 | 816.2 | -12.91 |
All figures are in (Millions) Saudi Arabia, Riyals |
ELEMENT | CURRENT PERIOD | SIMILAR PERIOD FOR PREVIOUS YEAR | % CHANGE |
---|---|---|---|
NET PROFIT (LOSS) | 2,180.5 | 1,598.5 | 36.41 |
GROSS PROFIT (LOSS) | 2,516.7 | 1,973.8 | 27.51 |
OPERATIONAL PROFIT (LOSS) | 2,161.8 | 1,634.5 | 32.26 |
EARNING OR LOSS PER SHARE, RIYALS | 3.88 | 2.84 | - |
All figures are in (Millions) Saudi Arabia, Riyals |
ELEMENT | EXPLANATION |
---|---|
REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH SAME QUARTER LAST YEAR | The increase in net profit is attributable to higher average sales prices for most of the products, despite the increase in prices of some feedstock materials |
REASONS OF INCREASE (DECREASE) FOR PERIOD COMPARED WITH SAME PERIOD LAST YEAR | The increase in net profit is attributable to higher average sales prices for most of the products and higher production and sales volumes due to Turnaround activities during 2nd Quarter 2017 as announced in Tadawul on 29th March 2017, despite the increase in prices of some feedstock materials |
REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH PREVIOUS QUARTER | The decrease in net profit is attributable to increase in prices of some feedstock materials in addition to the lower average sales prices for most of the products, despite the higher sales quantities |
OTHER NOTES |