| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 188.5 | 187.62 | 0.469 | 161.56 | 16.674 |
| Gross Profit (Loss) | 44.27 | 46.49 | -4.775 | 37.02 | 19.584 |
| Operational Profit (Loss) | 16.01 | 18.19 | -11.984 | 10.86 | 47.421 |
| Net profit (Loss) | 9.37 | 9.79 | -4.29 | 2.86 | 227.622 |
| Total Comprehensive Income | 9.37 | 9.79 | -4.29 | 2.86 | 227.622 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 350.06 | 367.3 | -4.693 |
| Gross Profit (Loss) | 81.29 | 89.7 | -9.375 |
| Operational Profit (Loss) | 26.87 | 36.55 | -26.484 |
| Net profit (Loss) | 12.23 | 20.1 | -39.154 |
| Total Comprehensive Income | 12.23 | 20.1 | -39.154 |
| Total Shareholders Equity (after Deducting Minority Equity) | 574.57 | 594.77 | -3.396 |
| Profit (Loss) per Share | 0.04 | 0.09 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | - | - | |
| 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 sales during the second quarter of the current year compared to the same quarter of the previous year is due to the following: |
1- An increase in Basic Chemicals sales by SAR 5.8 million, driven by:
- A 24% increase in quantities sold compared to the same quarter last year, resulting in a positive impact of SAR 13.8 million.
- An 11% decrease in selling prices, resulting in a negative impact of SAR 8 million.
2- A decrease in Industrial Blending sales by SAR 3.5 million, driven by:
- A 22% decrease in quantities sold compared to the same quarter last year, resulting in a negative impact of SAR 2 million.
- An 18% decrease in selling prices, resulting in a negative impact of SAR 1.5 million.
3- A decrease in Adhesives sales by SAR 1 million due to lower quantities sold.
Increase in Cost of Sales 3M, decrease in Non-Operating Income 0.8M, decrease in Finance Cost 1M, and decrease in Zakat & Tax Expense 1.9M.
1- An increase in Basic Chemicals sales by SAR 13 million, resulting from a 26% increase in quantities sold compared to the previous quarter, with a positive impact of SAR 13 million. Selling prices remained unchanged.
2- An increase in Industrial Chemicals sales by SAR 1 million, resulting from:
- A 37% increase in quantities sold compared to the previous quarter, with a positive impact of SAR 2 million.
- A 13% decrease in selling prices, with a negative impact of SAR 1 million.
3- A decrease in Polymer sales by SAR 1.5 million, due to a 4% decrease in selling prices, with a negative impact of SAR 1.5 million. Quantities sold remained unchanged.
4- An increase in Adhesives sales by SAR 14.2 million, driven by a 32% increase in quantities sold, resulting in a positive impact of SAR 14.2 million. Selling prices remained unchanged.
Increase 27M in revenue, resulting in an increase in gross profit by 7.2M (20%) offset by an increase of 5.2M in operational costs, in addition to an increase in Zakat and tax by 1.9M.
1- An increase in Basic Chemicals sales by SAR 9.2 million, driven by:
- A 12% increase in quantities sold, resulting in a positive impact of SAR 11.9 million.
- A 2% decrease in selling prices, resulting in a negative impact of SAR 2.7 million.
2- A decrease in Industrial Chemicals sales by SAR 4 million, due to:
- A 25% decrease in quantities sold, with a negative impact of SAR 1 million.
- A 21% decrease in selling prices, with a negative impact of SAR 3 million.
3- A decrease in Industrial Blending sales by SAR 5.2 million, due to:
- A 16% decrease in quantities sold, with a negative impact of SAR 2.7 million.
- A 17% decrease in selling prices, with a negative impact of SAR 2.5 million.
4- A decrease in Water Treatment sales by SAR 1 million, due to:
- A 41% decrease in quantities sold, with a negative impact of SAR 5.6 million.
- A 59% increase in selling prices, with a positive impact of SAR 4.6 million.
5- A decrease in Polymer sales by SAR 2.5 million, due to a reduction in selling prices.
6- A decrease in Adhesives sales by SAR 14 million, due to lower selling prices and quantities sold.
Decrease in Sales 17.2M accompanied by decrease in Cost of Sales 8.8M, increase in operating expenses 1.3M, and decrease in financing cost 2M, plus decrease in gains on fair value measurement of derivatives financial instrument and non-operating income 1M, accompanied by decrease in Zakat and tax expense 1M.
2- Sales for the current period reached 350M compared to 367.3M for the same period of last year, with a decrease of 4.7%.
3- Total comprehensive income (excluding minority interests) for the second quarter of this year reached 3.6 million compared to a profit of 2.2 million during the same period last year, with an increase of 63.6%, and compared to a loss of 2.5 million during the prior quarter, with an increase of 244%
4- Shareholders' equity (excluding minority interests) for the second quarter of this year reached 574.6 million compared to 601 million for the prior year end, with a decrease of 4.4%.
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