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Basic Chemical Industries Co. — Earnings Release 2014
Feb 24, 2015
53263_rns_2015-02-24_bc8fad6e-4fcb-454a-8719-a1a3446a7bd9.html
Earnings Release
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Basic Chemical Industries Co. ( B C I )announces the annual financial results of the period ending on 31-12-2014
1210 · 24/02/2015 16:19:23 · Announcement #37336 · View on Saudi Exchange
Basic Chemical Industries Co. ( B C I )announces the annual financial results of the period ending on 31-12-2014
| Element | Current year | Previous year | % Change |
|---|---|---|---|
| Net profit (loss) | 23.9 | 44.3 | -46.05 |
| Earning or loss per share, Riyals | 0.87 | 1.6 | - |
| Gross profit (loss) | 134.98 | 161.1 | -16.21 |
| Operational profit (loss) | 53.3 | 80.7 | -33.95 |
*All figures are in (Millions) Saudi Arabia, Riyals
| Element | EXPLAINATION |
|---|---|
| Reasons of annual financial results | Decrease in sales and increase in the cost of goods sold, and also slight increase in the total administrative and marketing expenses. |
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.