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Saudi Arabia Refineries Co. announces its Interim Financial Results for the Period Ending on 2023-09-30 ( Nine Months )

Default Company 2030.O 0.00% 0.00 0.00
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 7,356,427 -398,250 - -40,457 -
Gross Profit (Loss) 7,356,427 -398,250 - -40,457 -
Operational Profit (Loss) 5,908,338 -913,905 - -1,435,450 -
Net Profit (Loss) after Zakat and Tax 4,400,246 -3,140,627 - -1,358,725 -
Total Comprehensive Income -38,244,365 -89,311,744 -57.18 22,293,198 -
All figures are in (Actual) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Sales/Revenue 7,345,039 22,119,806 -66.79
Gross Profit (Loss) 7,345,039 22,119,806 -66.79
Operational Profit (Loss) 4,059,274 19,834,202 -79.53
Net Profit (Loss) after Zakat and Tax 2,667,423 17,208,246 -84.5
Total Comprehensive Income 29,137,515 -110,506,459 -
Total Share Holders Equity (after Deducting Minority Equity) 452,958,368 441,528,359 2.59
Profit (Loss) per Share 0.18 1.15
All figures are in (Actual) 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 the increase in profit during the current quarter compared to the same quarter of the previous year is due to the distribution of profits by the Saudi Industrial Investment Company during the third quarter of this year in the amount of 7,597,240 riyals, while in the same quarter of the previous year there were no dividends.
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 reason for the increase in net profit during the current quarter compared to the previous quarter is due to the distributions made during this quarter from the Saudi Industrial Investment Company in the amount of 7,597,240 riyals.
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 the decrease in profit during the current period compared to the similar period of the previous year is due to the dividend distributions made by the Saudi Industrial Investment Company in 2022, as the Saudi company’s dividends amounted to 22,791,720 riyals (these distributions relate to the profits of the second half of the year 2021 in addition to the first half From the year 2022), while the phase distributions in 2023 amounted to 7,597,240 riyals for the first half of the year 2023 only.
Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items Nothing

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