Petrochemical company announces the interim financial results for the period ending on 31-03-2015 (three months)
· Issued by Yanbu National Petrochemical Co.
14 Apr 2015
ELEMENT
CURRENT QUARTER
SIMILAR QUARTER FOR PREVIOUS YEAR
% CURRENT CHANGE
PREVIOUS QUARTER
% CHANGE PREVIOUS
NET PROFIT (LOSS)
285.1
555.7
-48.7
617.8
-58.85
GROSS PROFIT (LOSS)
412.7
708.4
-41.74
773.2
-46.62
OPERATIONAL PROFIT (LOSS)
364
654.4
-43.6
712.3
-48.9
EARNING OR LOSS PER SHARE, RIYALS
0.51
0.99
-
-
-
All figures are in (Millions) Saudi Arabia, Riyals
ELEMENT
EXPLANATION
REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH SAME QUARTER LAST YEAR
The decrease in net profit is attributable to lower average sales prices for all products despite lower price of some feedstock materials and higher sales volume
REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH PREVIOUS QUARTER
The decrease in net profit is attributable to lower average sales prices for all products despite lower price of some feedstock materials and higher sales volume
