| 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 decrease in revenues is attributable mainly to the decline in average sales prices for all products and the slight decrease in sales quantities compared to the same quarter last year, despite the company continuing to achieve distinguished levels of plant reliability, which supported consistent operation performance. Noting that during the first quarter of 2026, the company announced the scheduled turnaround of the ethylene glycol plant for preventive maintenance work from January 25, 2026 to February 17, 2026, as announced on (Tadawul) website on January 22, 2026 and February 18, 2026. |
| 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 decrease in net profit is attributable mainly to the decline sales prices for all products compared to the same quarter last year, despite a decrease in cost of some production inputs and continuing to achieve distinguished levels of plant reliability, which supported consistent operation performance. Noting that during the first quarter of 2026, the company announced the scheduled turnaround of the ethylene glycol plant for preventive maintenance work from January 25, 2026 to February 17, 2026, as announced on (Tadawul) website on January 22, 2026 and February 18, 2026. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is |
The decrease in revenues is attributable mainly to a decrease in sales quantities, resulted from the scheduled turnaround of the ethylene glycol plant for preventive maintenance work from January 25, 2026 to February 17, 2026, as announced on (Tadawul) website on January 22, 2026 and February 18, 2026, despite higher average sales prices for all products compared to the previous quarter and continuing to achieve distinguished levels of plant reliability, which supported consistent operation performance. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is |
The achieved net profit is mainly due to the increase in the average sales prices of all products compared to the previous quarter, despite the increase in cost of some production inputs and the decrease in sales quantities compared to the previous quarter the Company continuing to achieve distinguished levels of plant reliability, which supported consistent operation performance. Noting that during the first quarter of 2026, the company announced the scheduled turnaround of the ethylene glycol plant for preventive maintenance work from January 25, 2026 to February 17, 2026, as announced on (Tadawul) website on January 22, 2026 and February 18, 2026. |
| 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) |
N/A |
| 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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