Astra Industrial Group — Interim / Quarterly Report 2013

Apr 20, 2013

ASTRA INDUSTRIAL GROUP ANNOUNCES INTERIM CONSOLIDATED FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 31, 2013 (THREE MONTHS)

1212 · 20/04/2013 17:44:03 · Announcement #30463 · View on Saudi Exchange

ASTRA INDUSTRIAL GROUP ANNOUNCES INTERIM CONSOLIDATED FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 31, 2013 (THREE MONTHS)

Astra Industrial Group announces the interim consolidated financial results for the period ended 31/03/2013

1. Net profit for the first quarter is SAR 68.3 million, compared to SAR 64.1 million for the corresponding quarter of the previous year, anincrease of 7 % and compared to SAR 63.4 million for the previous quarter, an increase of 8 %.

2.Gross profit for the first quarter is SAR 173 million, compared to SAR 155.5 million for the corresponding quarter of the previous year, an increase of 11 %.

3.Operating profit for the first quarter is SAR 54 million, compared to SAR 53.4 million for the corresponding quarter of the previous year, an increase of 1 %.

4. Earnings per share for the three months period is SAR 0.92, compared to SAR 0.86 for the corresponding period of theprevious year.

5. The increase in net profit for the quarter as compared to the same period of the previous year is mainly due to increase in other income related to investment income.

6 The increase in net profit for the quarter compared to the preceding quarter is mainly due to increase in performance and profit in specialty chemical and steel sectors

7. The increase in gross profit for the quarter compared to the same period in the previous year is mainly due to increase in sales of pharmaceuticals and specialty chemical sectors.

8. Operating income has increased at lower percentage as compared to the increase in gross profit mainly due to higher operating expenses related to Tanmiah due to preparation for startup and commissioning.

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.