Saudi Arabia Refineries Co. announces its interim Financial results for the period ending on 2019-03-31 ( Three Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | -388,914 | -61,132 | 536.187 | 10,963,628 | - |
| Total Profit (Loss) | -388,914 | -61,132 | 536.187 | 10,963,628 | - |
| Profit (Loss) Operational | -1,020,600 | -976,052 | 4.564 | 9,924,940 | - |
| Net Profit (Loss) after Zakat and Tax | -1,270,600 | -1,226,052 | 3.633 | 9,367,691 | - |
| Total Comprehensive Income | 24,987,320 | 51,746,829 | -51.712 | -58,742,588 | - |
| All figures are in (Actual) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Share Holders Equity (after deducting minority equity) | 455,513,390 | 417,656,120 | 9.064 |
| Profit (Loss) per Share | -0.08 | -0.08 | |
| All figures are in (Actual) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year | The increase in the loss is due to the decrease in the share of the companys in the profits of the associates during the current quarter (loss of contribution to the Arab Tanker Company) |
| Reason for increase (decrease) in net profit for current quarter compared to the previous quarter | The reason for the loss during the current quarter is the absence of dividends from Saudi Industrial Investment Company (Investor Company), which during the previous quarter was SR 11,395,860 |
| Type of the external auditor's opinion | Unmodified opinion |
| Reclassifications in quarter financial result | Certain comparative figures have been reclassified to conform with the current period presentation. |
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