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Saudi Chemical Co. announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )

CHEMICAL 2230 -1.00% 3.96 -0.04
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 969.46 799.58 21.246 836.5 15.894
Gross Profit (Loss) 137.05 130.14 5.309 95.15 44.035
Operational Profit (Loss) 60.68 54.3 11.749 -1.26 -
Net Profit (Loss) after Zakat and Tax 40.83 37.97 7.532 -22.96 -
Total Comprehensive Income 40.83 37.97 7.532 -20.6 -
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) 1,671.19 1,591.93 4.978
Profit (Loss) per Share 0.48 0.45
All figures are in (Millions) Saudi Arabia, Riyals
Element List Explanation
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is THE INCREASE IN NET INCOME WAS DUE TO PERFORMANCE IMPROVEMENT AND INCREASE IN PHARMA SECTOR SALES ALONG WITH EXPLOSIVE SECTOR SALES. IN ADDITION TO THE REDUCTION IN GENERAL AND ADMIN EXPENSES DESPITE THE INCREASE IN ZAKAT PROVISION AND SELLING AND MARKETING EXPENSES.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is THE COMPANY ACHIEVED NET PROFIT COMPARED WITH THE PREVIOUS QUARTER DUE TO PERFORMANCE IMPROVEMENT AND INCREASE IN PHARMA SECTOR SALES ALONG WITH EXPLOSIVE SECTOR SALES. IN ADDITION TO THE REDUCTION IN GENERAL AND ADMIN EXPENSES ALONG WITH ZAKAT PROVISION DESPITE THE INCREASE ON CREDIT LOSS PROVISION.
Statement of the type of external auditor's report Unmodified conclusion
Reclassification of Comparison Items Certain figures of comparatives have been reclassified to conform to the current presentation.

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