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Saudi Kayan Petrochemical Co. announces its Annual Financial Results for the Period Ending on 2020-12-31

SAUDI KAYAN 2350 -1.13% 10.46 -0.12
Element List Current Year Previous Year %Change
Sales/Revenue 8,007.33 9,536.4 -16.034
Gross Profit (Loss) 417.8 1,072.21 -61.033
Operational Profit (Loss) -192.58 379 -
Net Profit (Loss) after Zakat and Tax -784.73 -636.78 23.234
Total Comprehensive Income -944 -745.5 26.626
Total Share Holders Equity (after Deducting Minority Equity) 14,008.87 14,952.87 -6.313
Profit (Loss) per Share -0.52 -0.42
All figures are in (Millions) Saudi Arabia, Riyals
Element List Explanation
The reason of the increase (decrease) in the net profit during the current year compared to the last year is The reason for increase in net loss is due to a decrease in the average selling prices of products in addition to the decrease in the quantities produced and sold due to the scheduled periodic maintenance that was previously announced, despite a decrease in the average cost of feedstock and a decrease in financing costs and general and administrative expenses.
Statement of the type of external auditor's report Unmodified opinion
Reclassification of Comparison Items Certain prior period figures have been re-classified to be aligned with the presentation in the current year

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