Saudi Basic Industries Corp. — Earnings Release 2013

Feb 19, 2014

Saudi Basic Industries Corp announces the annual financial results for the period ending on 31-12-2013

2010 · 19/02/2014 15:52:50 · Announcement #33330 · View on Saudi Exchange

Saudi Basic Industries Corp announces the annual financial results for the period ending on 31-12-2013

Element	Current year	Previous year	% Change
Net profit (loss)	25.28	24.78	2.02
Earning or loss per share, Riyals	8.43	8.26	-
Gross profit (loss)	55.34	53.39	3.65
Operational profit (loss)	42.58	41.03	3.78

*All figures are in (Billions) Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of annual financial results	The increase in net income is due to lower cost of sales and financial charges despite lower investment income from associated companies.
Reclassifications in annual financial results	Certain prior year figures have been re-classified to confirm with the presentation in the current year

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