| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
160.7
|
300.1
|
-
|
243.7
|
-
|
| Gross profit (loss) |
751.1
|
1,254
|
-
|
1,185.3
|
-
|
| Operational profit (loss) |
390
|
749.2
|
-
|
654.5
|
-
|
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
1,133.4
|
1,177.4
|
- |
| Gross profit (loss) |
4,598.2
|
4,837.3
|
- |
| Operational profit (loss) |
2,789.2
|
3,087.8
|
- |
| Earning or loss per share, Riyals |
1.69
|
1.76
|
- |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | were due to the price decrease in the titanium dioxide sector, in addition to the decrease of sales and prices of the Acrylic Acid Complex products, and the decreased in the petrochemical sector which impacted the company's results,despite the decrease in the general and Administrative expenses. |
| Reasons of increase (decrease) for period compared with same period last year | were due to decrease of the profit margin in the titanium dioxide sector, in addition to the decrease of sales and prices of the Acrylic Acid Complex products and all depreciation and financing cost were recognized in the second half of this year due to the Complex commercial start up which impacted the company's results. |
| Reasons of increase (decrease) for quarter compared with previous quarter | were due to the price decrease in the titaninm dioxide sector, in addition to the decrease of the Acrylic Acid Complex results, and the decreased in the petrochemical sector which impacted in the company's results,despite the decrease in the general and Administrative expenses. |
| Reclassifications in quarterly financial results | some corresponding figures for the last year have been reclassified to be aligned with the presentation of the current year. |
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