| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
65.19
|
33.82
|
92.76
|
34.85
|
87.06
|
| Gross profit (loss) |
163.48
|
111.46
|
46.67
|
114.55
|
42.71
|
| Operational profit (loss) |
142.19
|
85.19
|
66.91
|
95.2
|
49.36
|
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) |
167.38
|
109.82
|
52.41 |
| Gross profit (loss) |
434.16
|
343.85
|
26.26 |
| Operational profit (loss) |
355.99
|
259.69
|
37.08 |
| Earning or loss per share, Riyals |
2.42
|
1.59
|
- |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | The increase in net profit during 4th qtr 2014 as compared to 4th qtr 2013, is mainly due to lower feedstock prices, although the sales was slightly lower. |
| Reasons of increase (decrease) for period compared with same period last year | The increase is mainly due to higher sales quantities and better selling prices and slightly lower feedstock prices. The finance charges, selling & distribution expenses and General & Administrative expenses also reduced during 2014 as compared to 2013. The subsidiary (NATPET) reported SR 10 million against its share of losses from its joint venture (Bonar Natpet) for the year 2014. |
| Reasons of increase (decrease) for quarter compared with previous quarter | The increase in net profit during 4th qtr 2014 as compared to 3rd qtr 2014, is mainly due to lower feedstock prices, the sales is also slightly higher. |
| Reclassifications in quarterly financial results | Certain reclassifications were made in comparative numbers to conform to the current period. |
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