Yanbu National Petrochemical Co. announces its Annual financial results for the period ending on 2018-12-31

21 February 2019 03:14 PM

YANSAB 2290 -3.42% 36.70 -1.30

Element List	Current Year	Previous Year	%Change
Sales/Revenue	7,628.5	7,220.9	5.644
Total Profit (Loss)	2,865.4	2,870.3	-0.17
Profit (Loss) Operational	2,361.5	2,414.1	-2.178
Net Profit (Loss) after Zakat and Tax	2,414	2,376.4	1.582
Total Comprehensive Income	2,487	2,369.4	4.963
Total Share Holders Equity (after deducting minority equity)	17,255.7	16,737.4	3.096
Profit (Loss) per Share	4.29	4.22
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
Reason for increase (decrease) in net profit for current year compared to last year	The increase in net profit is attributable to higher average sales prices for most of the products and reduction in Financing costs and non-operating expenses despite higher average prices of some feedstock materials and lower sales quantity resulted from Ethylene Glycol scheduled turnaround activities and implementation of the EG DBN project as announced in Tadawul on 10 October 2018
Type of the external auditor's opinion	Unmodified opinion

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