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Yanbu National Petrochemical Co. announces its Interim Financial Results for the Period Ending on 2020-12-31 ( Twelve Months )

1/21/2021

ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE
Sales/Revenue 1,378.6 1,482.1 -6.983 1,440.7 -4.31
Gross Profit (Loss) 475.1 298.1 59.376 277.2 71.392
Operational Profit (Loss) 371.3 182.3 103.675 201 84.726
Net Profit (Loss) after Zakat and Tax 332.7 170.9 94.675 195.6 70.092
Total Comprehensive Income 230 177.9 29.286 178.2 29.068
All figures are in (Millions) Saudi Arabia, Riyals
ELEMENT LIST CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS YEAR %CHANGE
Sales/Revenue 5,034.9 6,064.8 -16.981
Gross Profit (Loss) 1,088.7 1,498.3 -27.337
Operational Profit (Loss) 727.6 1,096.2 -33.625
Net Profit (Loss) after Zakat and Tax 677.6 1,089.8 -37.823
Total Comprehensive Income 530.1 996.5 -46.803
Total Share Holders Equity (after Deducting Minority Equity) 14,985.5 16,142.8 -7.169
Profit (Loss) per Share 1.2 1.94
All figures are in (Millions) Saudi Arabia, Riyals
ELEMENT LIST EXPLANATION
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The increase in net profit is attributable to higher average sales prices for most of the products despite lower production, sales quantity, noting that an impairment cost recorded in the same quarter last year against capital work in progress with an amount of 71 million Saudi Riyal
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is The increase in net profit is attributable to higher average sales prices for all of the products despite lower production, sales quantity and higher prices of some feedstock materials
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The decrease in net profit is attributable to lower average sales prices for all of the products, despite lower some of production’s inputs cost
Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items Certain prior period figures have been re-classified to be aligned with the presentation in the current period