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Yanbu National Petrochemical Co. announces its Interim Financial Results for the Period Ending on 2023-09-30 ( Nine Months )

2290
YANSAB
-1.33 %
1445/04/08     23/10/2023 09:46:27

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 1,097.91,590.5-30.971,322.9-17.01
Gross Profit (Loss) -4469.6-92.2-
Operational Profit (Loss) -153.4-28.5438.2513-
Net Profit (Loss) after Zakat and Tax -161.3-61164.4327.4-
Total Comprehensive Income -93.956.1-48.1-
All figures are in (Millions) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 3,087.85,638.8-45.24
Gross Profit (Loss) -191.5914-
Operational Profit (Loss) -507609.7-
Net Profit (Loss) after Zakat and Tax -503.6510.6-
Total Comprehensive Income -435.6852.1-
Total Share Holders Equity (after Deducting Minority Equity) 12,349.614,050.9-12.11
Profit (Loss) per Share -0.90.91
All figures are in (Millions) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The increase net loss is attributable to lower production and sales quantity resulted from the temporary shutdown for company plants to perform emergency repairs as announced on Tadawul's Website on 21 Aug 2023 in addition to lower average sales prices for some of the products, despite lower of some production’s inputs cost.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is The net loss is attributable to lower production and sales quantity resulted from the temporary shutdown for company plants to perform emergency repairs as announced on Tadawul's Website on 21 Aug 2023 in addition to lower average sales prices for all of the products, despite slight lower of some production’s inputs cost.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The net loss is attributable to lower production and sales quantity resulted from the scheduled turnaround of the company's complex for preventive maintenance as announced on Tadawul's Website on 20 November 2022 and the temporary shutdown for company plants to perform emergency repairs as announced on Tadawul's Website on 21 Aug 2023 in addition to lower average sales prices for all of the products compared to their level in the similar period, despite lower of some production’s inputs cost.
Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items Certain prior period figures have been re-classified to be aligned with the presentation in the current period.
Attached Documents  

The Capital Market Authority and Saudi 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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