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Saudi Basic Industries Corp announces the interim financial results for the period ending on 30-09-2013 (Nine Months)
2013-10-27 (1434-12-22 )      08:21:59
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Element Current quarter Similar quarter for previous year % Change Current Previous quarter % Change Previous
Net profit (loss) 6.47 6.31 2.54 6.04 7.12
Gross profit (loss) 14.43 12.88 12.03 13.05 10.57
Operational profit (loss) 11.27 9.86 14.3 9.97 13.04


Element Current period similar period for previous year % Change
Net profit (loss) 19.07 18.89 0.95
Gross profit (loss) 41.49 39.72 4.46
Operational profit (loss) 32.29 30.79 4.87
Earning or loss per share, Riyals 6.36 6.3 -
All figures are in (Billions) Saudi Arabia, Riyals

Element Explaination
Reasons of increase (decrease) for quarter compared with same quarter last year The increase in net income is attributable to increase in quantities sold , favourable prices for certain products and lower financial charges despite lower other income.
Reasons of increase (decrease) for period compared with same period last year The increase in net income is due to higher sales prices for certain products, lower cost of sales and decline in financial charges, despite lower other income.
Reasons of increase (decrease) for quarter compared with previous quarter The increase in net income is mainly attributable to higher production and sales volumes and higher prices for certain products as well as higher income from associated companies
Reclassifications in quarterly financial results Certain prior period figures have been re-classified to conform with the presentation in the current period


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