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Basic Chemical Industries Co. — Interim / Quarterly Report 2014
Apr 17, 2014
53263_rns_2014-04-17_7595525e-49eb-498e-ab71-83a915104ba9.html
Interim / Quarterly Report
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Basic Chemical Industries Co. ( BCI ) announces the interim financial results for the period ending on 31-03-2014 (Three Months)
1210 · 17/04/2014 15:39:05 · Announcement #34217 · View on Saudi Exchange
Basic Chemical Industries Co. ( BCI ) announces the interim financial results for the period ending on 31-03-2014 (Three Months)
| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) | 8.7 | 16.2 | - | 3.7 | 135.14 |
| Gross profit (loss) | 39.6 | 46.1 | - | 32.3 | 22.6 |
| Operational profit (loss) | 18.2 | 28.3 | - | 10.2 | 78.43 |
| Earning or loss per share, Riyals | 0.32 | 0.59 | - | - | - |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | The reasons of decrease for quarter compared with same quarter last year due to a decline in sales and an increase in cost of sales and increased selling and distribution expenses and administrative. |
| Reasons of increase (decrease) for quarter compared with previous quarter | The reasons of increase for quarter compared with previous quarter due to increase sales and decrease in cost of sales. |
| Reclassifications in quarterly financial results | Certain amounts in the comparative 2013 interim consolidated financial statements have been reclassified to conform to 2014 presentation. |
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.