Saudi Kayan Petrochemical Co. announces its Interim Financial Results for the Period Ending on 2021-01-21 ( Twelve Months )
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| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|
| Sales/Revenue | 2,476.95 | 2,259.67 | 9.615 | 2,105.54 | 17.639 |
| Gross Profit (Loss) | 472.8 | 229.92 | 105.636 | 236.53 | 99.89 |
| Operational Profit (Loss) | 294.04 | 39.7 | 640.654 | 79.72 | 268.84 |
| Net Profit (Loss) after Zakat and Tax | 158.42 | -167.41 | - | -28.16 | - |
| Total Comprehensive Income | 65.42 | -162.38 | - | -46.89 | - |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Element List | Current Period | Similar period for previous year | %Change |
|---|
| Sales/Revenue | 8,007.33 | 9,536.4 | -16.034 |
| Gross Profit (Loss) | 417.8 | 1,072.21 | -61.033 |
| Operational Profit (Loss) | -192.58 | 379 | - |
| Net Profit (Loss) after Zakat and Tax | -784.73 | -636.78 | 23.234 |
| Total Comprehensive Income | -944 | -745.5 | 26.626 |
| Total Share Holders Equity (after Deducting Minority Equity) | 14,008.87 | 14,952.87 | -6.313 |
| Profit (Loss) per Share | -0.52 | -0.42 |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Accumulated Losses | Capital | Percentage % |
|---|
| 1,483.1 | 15,000 | 9.89 |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Element List | Explanation |
|---|
| 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 for achieving net profit is due to increase in the average selling prices of products, a decrease in the average cost of feedstock, in addition to a decrease in financing costs and general and administrative expenses. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is | The reason for achieving net profit is due to increase in the average selling prices of the products, despite the increase in the average cost of feedstock and general and administrative expenses. |
| 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 for increase in net loss is due to a decrease in the average selling prices of products in addition to the decrease in the quantities produced and sold due to the scheduled periodic maintenance that was previously announced, despite a decrease in the average cost of feedstock and a decrease in financing costs and general and administrative expenses. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Certain previous period expenses have been re-classified to conform to the presentation of financial statements in the current period. |
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.
