| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) |
145.55
|
89.63
|
62.39
|
146.08
|
-
|
| Gross profit (loss) |
157.33
|
111.12
|
41.59
|
160.72
|
-
|
| Operational profit (loss) |
144.29
|
100.34
|
43.8
|
148.1
|
-
|
| Earning or loss per share, Riyals |
0.89
|
0.55
|
-
|
-
|
-
|
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Mainly due to significant increase in sales volume compared to same quarter last year in which periodic scheduled maintenance was carried out |
| Reasons of increase (decrease) for quarter compared with previous quarter | Operational Profit is marginally lower compared to previous quarter mainly due to decrease in selling prices despite lower feedstock prices |
| Other notes | Q1 2016 results also includes gain of SR 16 million on sales of 5% shares of PDH Plant in South Korea as announced earlier as well as provision for impairment loss of SR 17.2 million on available for sales investments |
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