Saudi Kayan Petrochemical Co. announces its Interim Financial Results for the Period Ending on 2020-03-31 ( Three Months )
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| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|
| Sales/Revenue | 1,887.93 | 2,544.34 | -25.798 | 2,259.67 | -16.451 |
| Gross Profit (Loss) | -220.77 | 265.99 | - | 229.26 | - |
| Operational Profit (Loss) | -350.93 | 98.49 | - | 39.69 | - |
| Net Profit (Loss) after Zakat and Tax | -516.78 | -197.49 | 161.674 | -167.41 | 208.691 |
| Total Comprehensive Income | -516.79 | -216.45 | 138.757 | -162.37 | 218.279 |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Element List | Current Period | Similar period for previous year | %Change |
|---|
| Total Share Holders Equity (after Deducting Minority Equity) | 14,436.07 | 15,481.91 | -6.755 |
| Profit (Loss) per Share | -0.34 | -0.13 |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Accumulated Losses | Capital | Percentage % |
|---|
| 1,215.16 | 15,000 | 8.1 |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Element List | Explanation |
|---|
| Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to | The reason for the increase in net loss is due to a decrease in the average selling prices of products and a decrease in the quantities sold as a result for most of the company factories were stopped due to the scheduled periodic maintenance previously announced in addition to an increase in the average cost of feedstock, despite a decrease in financing costs. |
| Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to | The reason for the increase in net loss is due to a decrease in the average selling prices of products and a decrease in the quantities sold as a result for most of the company factories were stopped due to the scheduled periodic maintenance previously announced in addition to an increase in the average cost of feedstock, despite a decrease in financing costs. |
| Basis of the External Auditor's Opinion | Unmodified opinion |
| Reclassification of Comparison Items | Certain previous period expenses have been re-classified to conform to the presentation of financial statements in the current period. |
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