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Saudi Kayan Petrochemical Co. announces the interim financial results for the period ending on 30-06-2025 (Six Months)

2350
SAUDI KAYAN
0.22 %
1447/02/03     28/07/2025 09:31:43

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Sales/Revenue 2,231.292,106.245.9372,061.798.221
Gross Profit (Loss) -112.39-34.1229.589-388.65-71.081
Operational Profit (Loss) -305.84-91.28235.056-648.86-52.865
Net profit (Loss) -496.35-250.0998.468-775.78-36.019
Total Comprehensive Income -494.3-230.54114.409-771.48-35.928
All figures are in (Millions) Saudi Arabia, Riyals


Element ListCurrent PeriodSimilar period for previous year%Change
Sales/Revenue 4,293.084,082.085.168
Gross Profit (Loss) -501.04-308.9262.19
Operational Profit (Loss) -954.7-484.6496.991
Net profit (Loss) -1,272.14-821.9554.77
Total Comprehensive Income -1,265.78-769.9864.391
Total Shareholders Equity (after Deducting Minority Equity) 10,237.0712,514.1-18.195
Profit (Loss) per Share -0.85-0.55
All figures are in (Millions) Saudi Arabia, Riyals


Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
Accumulated Losses 5,499.2936.66
All figures are in (Millions) Saudi Arabia, Riyals


Element ListExplanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is The reason for the increase in the revenues during this current quarter compared to the same quarter of the last year is increase sales quantities despite of decrease in average products sales prices.
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 reason of the increase in the net loss during the current quarter compared to the same quarter of the last year is due to decrease in average product selling prices in additional to increase in some raw material costs,

Worth to mention that same quarter of last year includes partial insurance collection by 130 million Saudi riyals based on what we have previous announced.

The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The reason for the increase in the revenues during this current quarter compared to the previous quarter is increase sales quantities.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The reason of the decrease in the net loss during the current quarter compared to the last quarter is due to decrease in some raw material costs and increase in sales quantities.

Worth to mention that previous quarter include non-recurring cost of restructuring as part of the transformation program.

The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is The reason for the increase in the revenues during the current period compared to the same period of the last year is due to increase sales quantities despite of decrease in average product selling prices.
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 reason of the increase in the net loss for the current period compared to the same period last year is due to increase in some raw material costs also decrease average product selling prices despite of increase in sales quantities.

Worth to mention that same period of last year includes partial insurance collection by 177 million Saudi riyals in addition to what we have announce in a previous quarter regarding to the non-recurring cost of refinancing Islamic Murabaha loans and restructuring as part of the transformation program.

Statement of the type of external auditor's report Unmodified conclusion
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 None
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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