Saudi Kayan Petrochemical Co. announces the interim financial results for the period ending on 30-06-2025 (Six Months)
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 2,231.29 | 2,106.24 | 5.937 | 2,061.79 | 8.221 |
| Gross Profit (Loss) | -112.39 | -34.1 | 229.589 | -388.65 | -71.081 |
| Operational Profit (Loss) | -305.84 | -91.28 | 235.056 | -648.86 | -52.865 |
| Net profit (Loss) | -496.35 | -250.09 | 98.468 | -775.78 | -36.019 |
| Total Comprehensive Income | -494.3 | -230.54 | 114.409 | -771.48 | -35.928 |
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 4,293.08 | 4,082.08 | 5.168 |
| Gross Profit (Loss) | -501.04 | -308.92 | 62.19 |
| Operational Profit (Loss) | -954.7 | -484.64 | 96.991 |
| Net profit (Loss) | -1,272.14 | -821.95 | 54.77 |
| Total Comprehensive Income | -1,265.78 | -769.98 | 64.391 |
| Total Shareholders Equity (after Deducting Minority Equity) | 10,237.07 | 12,514.1 | -18.195 |
| Profit (Loss) per Share | -0.85 | -0.55 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | 5,499.29 | 36.66 | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is | The reason for the increase in the revenues during this current quarter compared to the same quarter of the last year is increase sales quantities despite of decrease in average products sales prices. |
| 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 reason of the increase in the net loss during the current quarter compared to the same quarter of the last year is due to decrease in average product selling prices in additional to increase in some raw material costs,
Worth to mention that same quarter of last year includes partial insurance collection by 130 million Saudi riyals based on what we have previous announced. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | The reason for the increase in the revenues during this current quarter compared to the previous quarter is increase sales quantities. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The reason of the decrease in the net loss during the current quarter compared to the last quarter is due to decrease in some raw material costs and increase in sales quantities.
Worth to mention that previous quarter include non-recurring cost of restructuring as part of the transformation program. |
| The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is | The reason for the increase in the revenues during the current period compared to the same period of the last year is due to increase sales quantities despite of decrease in average product selling prices. |
| 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 reason of the increase in the net loss for the current period compared to the same period last year is due to increase in some raw material costs also decrease average product selling prices despite of increase in sales quantities.
Worth to mention that same period of last year includes partial insurance collection by 177 million Saudi riyals in addition to what we have announce in a previous quarter regarding to the non-recurring cost of refinancing Islamic Murabaha loans and restructuring as part of the transformation program. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | None |
| Reclassification of Comparison Items | None |
| Additional Information | - |
| Attached Documents |  |
Comments