Saudi Arabian Fertilizer Co. (SAFCO) announces the interim financial results for the period ending on 31-03-2020 (Three Months)
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 728.37 | 718.68 | 1.348 | 845.58 | -13.861 |
| Gross Profit (Loss) | 367.94 | 378.29 | -2.735 | 425.62 | -13.551 |
| Operational Profit (Loss) | 278.3 | 295.62 | -5.858 | 341.2 | -18.434 |
| Net Profit (Loss) after Zakat and Tax | 303.5 | 335.47 | -9.529 | 338.26 | -10.276 |
| Total Comprehensive Income | 167.78 | 416.45 | -59.711 | 374.13 | -55.154 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Share Holders Equity (after Deducting Minority Equity) | 7,539.07 | 8,322.5 | -9.413 |
| Profit (Loss) per Share | 0.73 | 0.81 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to | The reasons of the decrease in the net profit for the current quarter compared to the same quarter last year:
• Decrease in average selling prices for the company’s products. • Decrease in the company’s share of income of Ibn Al-Baytar Company
On the other hand, the decreases been limited by: • Increase in quantities sold of company's products. |
| Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to | The reasons of the decrease in the net profit for the current quarter compared to previous quarter:
• Decrease in average selling prices and quantities sold of the company’s products. |
| Basis of the External Auditor's Opinion | Unmodified opinion |
| Reclassification of Comparison Items | NA |
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