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Saudi Chemical Co. announces its Annual financial results for the period ending on 2018-12-31

CHEMICAL 2230 76.77% 7.00 3.04
Element List Current Year Previous Year %Change
Sales/Revenue 2,948,532 2,474,341 19.164
Total Profit (Loss) 410,444 396,313 3.565
Profit (Loss) Operational 183,935 187,553 -1.929
Net Profit (Loss) after Zakat and Tax 114,824 142,147 -19.221
Total Comprehensive Income 118,107 142,413 -17.067
Total Share Holders Equity (after deducting minority equity) 1,522,525 1,483,468 2.632
Profit (Loss) per Share 1.82 2.25
All figures are in (Thousands) Saudi Arabia, Riyals
Element List Explanation
Reason for increase (decrease) in net profit for current year compared to last year The decrease in net profit is mainly due to the decrease in sales of explosives which have higher profit margin, despite the growth in pharmaceutical sales which have lower profit margin. In addition to the increase in operational expenses (of pharmaceutical sector due to the increase in sales) and the increase in Islamic financial charges.
Type of the external auditor's opinion Unmodified opinion
Reclassifications in annual financial results Certain figures of comparatives have been reclassified to conform to the current presentation.

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