Mubasher TV
Contact Us Advertising   العربية

Correction announcement from Saudi Kayan Petrochemical Co. in regards to Interim Financial Results for the Period Ending on 2020-06-30 ( Six Months )

SAUDI KAYAN 2350 -13.77% 9.02 -1.44
Element List Explanation
Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website 2020-07-20 Corresponding to 1441-11-29
URL of the Previous Announcement Click Here
Incorrect statements in the previous announcement The reason for the increase in net loss is due to a decrease in the average selling prices of products and a decrease in the quantities sold, despite a decrease in the average cost of feedstock.
Correct Statement The reason for the decrease in net loss is due to a decrease in the average cost of feedstock, and began operations of the plants after periodic maintenance scheduled during the first quarter, which was previously announced.

Comments