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Saudi Chemical Co. announces its Interim Financial Results for the Period Ending on 2020-03-31 ( Three Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 799.58840.16-4.83588.6335.837
Gross Profit (Loss) 129.31125.363.1598.5631.199
Operational Profit (Loss) 54.357.43-5.45-17.68-
Net Profit (Loss) after Zakat and Tax 37.9739.3-3.384-50.72-
Total Comprehensive Income 37.9739.3-3.384-52.16-
All figures are in (Millions) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Total Share Holders Equity (after Deducting Minority Equity) 1,591.931,553.972.442
Profit (Loss) per Share 0.450.47
All figures are in (Millions) Saudi Arabia, Riyals
Element ListExplanation
Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to The decrease in net profit is due to the decrease in sales and increase in provision of trade receivables, despite the decrease in cost of sales and zakat & income tax expense.
Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to The increase in net profit is due to the increase in sales and to the decrease in the general and administrative expenses, provision of trade receivables, finance costs and zakat & income tax expense.
Basis of the External Auditor's Opinion Unmodified opinion
Reclassification of Comparison Items Certain figures of comparatives have been reclassified to conform to the current presentation.

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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