Basic Chemical Industries Co. — Interim / Quarterly Report 2015

Apr 20, 2015

Basic Chemical Industries Co ( BCI ) announces the interim financial results for the period ending on 31-03-2015 (Three Months)

1210 · 20/04/2015 15:34:49 · Announcement #38274 · View on Saudi Exchange

Basic Chemical Industries Co ( BCI ) announces the interim financial results for the period ending on 31-03-2015 (Three Months)

Element	Current quarter	Similar quarter for previous year	% Change current	Previous quarter	% Change previous
Net profit (loss)	2.8	8.7	-	6.5	-
Gross profit (loss)	31.3	39.2	-	29.8	5.03
Operational profit (loss)	10.7	18.2	-	12.8	-
Earning or loss per share, Riyals	0.1	0.32	-	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year	Reasons of decrease for quarter compared with same quarter last year due to a decline in sales and an increase in cost of sales.
Reasons of increase (decrease) for quarter compared with previous quarter	Reasons of decrease for quarter compared with previous quarter due to the increase in selling and distribution expenses, general and administrative expenses and decrease in other income.
Reclassifications in quarterly financial results	Certain amounts in the comparative 2014 interim consolidated financial statements have been reclassified to conform to 2015 presentation.

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