Mubasher TV
Contact Us Advertising   العربية

Saudi Chemical Co. announces its Interim Financial Results for the Period Ending on 2021-06-30 ( Six Months )

CHEMICAL 2230 -1.00% 3.96 -0.04
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 899.91 858.72 4.796 969.46 -7.174
Gross Profit (Loss) 132.34 127.56 3.747 137.05 -3.436
Operational Profit (Loss) 47.28 58.17 -18.72 60.68 -22.083
Net Profit (Loss) after Zakat and Tax 27.26 40.17 -32.138 40.83 -33.235
Total Comprehensive Income 27.26 40.17 -32.138 40.83 -33.235
All figures are in (Millions) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Sales/Revenue 1,869.37 1,658.3 12.728
Gross Profit (Loss) 269.39 257.7 4.536
Operational Profit (Loss) 107.96 112.47 -4.009
Net Profit (Loss) after Zakat and Tax 68.1 78.14 -12.848
Total Comprehensive Income 68.1 78.14 -12.848
Total Share Holders Equity (after Deducting Minority Equity) 1,656.29 1,632.1 1.482
Profit (Loss) per Share 0.81 0.93
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 decrease in net income compared with the same quarter last year is mainly due to the increase in credit loss provision, the increase in zakat and tax expense, the increase in sales expenses, along with the increase in general and admin expenses, despite the increase in pharma sector sales along with explosive sales.
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 decrease in net income compared with the previous quarter this year is mainly due to the reduction in sales, the increase in credit loss provision, general and admin expenses, along with the increase in the finance cost, despite the lower zakat and tax provision.
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 decrease in net income compared with the same period last year mainly due to the increase in credit loss provision, zakat and tax expense, along with the increase in sales expenses, despite the increase in pharma sector sales along with explosive sales .
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.

Comments