National Petrochemical Co. announces its Interim Financial Results for the Period Ending on 2021-06-30 ( Six Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 2,456 | 1,407 | 74.555 | 2,128 | 15.413 |
| Gross Profit (Loss) | 997 | -121 | - | 683 | 45.973 |
| Operational Profit (Loss) | 841 | -243 | - | 543 | 54.88 |
| Net Profit (Loss) after Zakat and Tax | 603 | -189 | - | 311 | 93.89 |
| Total Comprehensive Income | 603 | -189 | - | 311 | 93.89 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 4,584 | 2,980 | 53.825 |
| Gross Profit (Loss) | 1,680 | 128 | 1,212.5 |
| Operational Profit (Loss) | 1,384 | -119 | - |
| Net Profit (Loss) after Zakat and Tax | 914 | -139 | - |
| Total Comprehensive Income | 914 | -139 | - |
| Total Share Holders Equity (after Deducting Minority Equity) | 8,670 | 7,769 | 11.597 |
| Profit (Loss) per Share | 1.9 | -0.29 | |
| 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 main reasons for the increase in net profit during the current quarter compared with the same quarter of last year is due the following:
1- Increase in the average selling prices of products. 2- Depreciation of the Polystyrene unit value during the same quarter from last year. 3- Reducing the Zakat provision for previous years by SR 94 million. 4- Decrease in financial cost. 5- Increase in other income. |
| 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 main reasons for the increase in net profit during the current quarter compared with previous quarter is due the following:
1- Increase in the average selling prices of products. 2- Reducing the Zakat provision for previous years by SR 94 million. 3- Increase in other income. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The main reasons for the increase in net profit during the current period compared with same period from last year is due the following:
1- Increase in the average selling prices of products. 2- Depreciation of the Polystyrene unit value, during the same quarter from last year. 3- Reducing the Zakat provision for previous years by SR 94 million. 4- Decrease in general and administrative expenses. 5- Decrease in financial cost |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Reclassification of Comparison Items | Certain figures of the prior year have been re-classified to conform to the current period presentation. |
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