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SABIC Agri-Nutrients Co. — Earnings Release 2014
Oct 19, 2014
53287_rns_2014-10-19_527168fb-9d32-4804-a195-a113a2fbc031.html
Earnings Release
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Saudi Arabia Fertilizers Co. announces the interim financial results for the period ending on 30-09-2014 (Nine Months)
2020 · 19/10/2014 16:07:33 · Announcement #35802 · View on Saudi Exchange
Saudi Arabia Fertilizers Co. announces the interim financial results for the period ending on 30-09-2014 (Nine Months)
| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) | 913 | 734 | 24.39 | 639 | 42.88 |
| Gross profit (loss) | 890 | 695 | 28.06 | 602 | 47.84 |
| Operational profit (loss) | 866 | 676 | 28.11 | 579 | 49.57 |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) | 2,395 | 2,359 | 1.53 |
| Gross profit (loss) | 2,312 | 2,200 | 5.09 |
| Operational profit (loss) | 2,242 | 2,139 | 4.82 |
| Earning or loss per share, Riyals | 7.18 | 7.08 | - |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | The increase in net income is attributable to higher sales volume and sales prices for the companys products |
| Reasons of increase (decrease) for period compared with same period last year | The increase in net income is attributable to higher sales volume despite the decrease in the average sales price. |
| Reasons of increase (decrease) for quarter compared with previous quarter | The increase in net income is attributable to higher sales volume and sales prices for the companys products |
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