Astra Industrial Group — Earnings Release 2012

Feb 23, 2013

ASTRA INDUSTRIAL GROUP ANNOUNCES ITS AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2012

1212 · 23/02/2013 17:26:01 · Announcement #29117 · View on Saudi Exchange

ASTRA INDUSTRIAL GROUP ANNOUNCES ITS AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2012

Astra Industrial Group announces its Audited Financial results for the year ended 31 December 2012.

1. The net income of SAR 242.7 million for the year compared to SAR 248.1 million for the previous year, a decrease of 2%.

2. Earnings per share during the year is SAR 3.27 compared to SAR 3.35 for the previous year.

3. Gross profit of SAR 617.9 million for the year compared to SAR 549.8 million for the previous year, an increase of 12%.

4. Operating income of SAR 185.2 million for the year compared to SAR 186.8 million for the previous year, a decrease of 1%.

5. The decrease in operating income for the year ended 31 December 2012 compared to previous year is mainly due to reduction of margins in Specialty Chemical sector and due to increased cost associated with Tanmiah factory which is under implementation.

6. The decrease in net income for the year ended 31 December 2012 compared to previous year is mainly due to reduction in royalty income, in addition to the reasons mentioned above.

7. The increase in gross profit for the year compared to the previous year is mainly due to increase in sales.

8. Certain comparative figures for the previous year have been reclassified to be consistent with the presentation of the current period.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.