Saudi Industrial Export Co. — Earnings Release 2013

Feb 12, 2014

Saudi Industrial Export Co announces the annual financial results of the period ending on 31-12-2013

4140 · 12/02/2014 15:59:50 · Announcement #33244 · View on Saudi Exchange

Saudi Industrial Export Co announces the annual financial results of the period ending on 31-12-2013

Element	Current year	Previous year	% Change
Net profit (loss)	6.5	2.8	132.14
Earning or loss per share, Riyals	0.6	0.26	-
Gross profit (loss)	12.8	6.9	85.51
Operational profit (loss)	7.6	2.6	192.31

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

Element	EXPLAINATION
Reasons of annual financial results	Increase in profit margin of the export of the raw material for fertilizer manufacturing to china market. In addition to increase in profit for the sales of food products in local market
Reclassifications in annual financial results	Have reclassified some figures of the year in comparison to be compatible with presentation and reclassification figures of present year

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.