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Saudi Kayan Petrochemical Co. announces the annual financial results ending on 31-12-2024
2350
SAUDI KAYAN
-0.73
%
1446/08/21 20/02/2025 09:33:06
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 8,726.03 | 8,170.64 | 6.8 | ||
| Gross Profit (Loss) | -642.46 | -846.44 | -24.1 | ||
| Operational Profit (Loss) | -1,133.73 | -1,445.85 | -21.59 | ||
| Net profit (Loss) | -1,803.72 | -2,136.47 | -15.57 | ||
| Total Comprehensive Income | -1,781.23 | -2,193.21 | -18.78 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 11,502.85 | 13,284.08 | -13.41 | ||
| Profit (Loss) per Share | -1.2 | -1.42 | |||
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | -4,515.62 | -30.1 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | The reason for the increase in sales during the year compared to the last year is due to the increase in average selling prices of products. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason for the decrease in net loss for the year compared to the previous year is the increase in average selling prices of products despite of increase in some raw materilas costs in addition to the collection of partial insurance amount for the Bisphenol plant reached to 253 MSR. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | None |
| Reclassification of Comparison Items | Certain previous period expenses have been re-classified to conform to the presentation of financial statements in the current period. |
| Additional Information | - |
| 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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