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Yanbu National Petrochemical Co. announces its Interim Financial results for the Period Ending on 2024-03-31 ( Three Months )
4/29/2024
| Element List | Current Quarter | Similar Quarter For Previous Year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 1,390.5 | 667 | 108.47 | 1,445 | -3.771 |
| Gross Profit (Loss) | 228.6 | -239.6 | - | 138.1 | 65.532 |
| Operational Profit (Loss) | 101.1 | -366.6 | - | 20.7 | 388.405 |
| Net profit (Loss) | 99.5 | -369.7 | - | 18.5 | 437.837 |
| Total Comprehensive Income | 131.1 | -389.8 | - | -27 | - |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar Period For Previous Year | %Change |
|---|---|---|---|
| Total Share Holders Equity (After Deducting the Minority Equity) | 12,031.9 | 12,957.9 | -7.146 |
| Profit (Loss) per Share | 0.18 | -0.66 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Percentage Of The Capital (%) | Amount | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The increase in revenues is attributable mainly to higher production and sales quantity, despite lower average sales prices for some of the products compared to their level in similar quarter.
Noting that in similar quarter scheduled turnaround of the company's complex for preventive maintenance from 10 January 2023 to 02 March 2023 as announced on Tadawul's Website on 20 November 2022 and 02 March 2023. |
| 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 achieved net profit is attributable mainly to higher production and sales quantity, despite lower average sales prices for some of the products compared to their level in similar quarter.
Noting that in similar quarter scheduled turnaround of the company's complex for preventive maintenance from 10 January 2023 to 02 March 2023 as announced on Tadawul's Website on 20 November 2022 and 02 March 2023. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The slight decrease in revenues is attributable to lower sales quantity, despite higher average sales prices for all of the products . |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The increase in net profit is attributable to higher average sales prices for all of the products, despite lower sales quantity and higher of some of the feedstock prices.
Noting that the Company announced on Tadawul's Website on 03 January 2024 receiving notification for increasing the feedstock prices . |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | Not Applicable |
| Reclassification of Comparison Items | Certain prior period figures have been re-classified to be aligned with the presentation in the current period |
| Additional Information | - |
| Attached Documents | 
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