YANSAB: Yanbu National Petrochemical : announces its Interim Financial results for the Period Ending on 2024 06 30 (Six Months)

Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 1,656.7 1,322.9 25.232 1,390.5 19.144 Gross Profit (Loss) 332.1 92.2 260.195 228.6 45.275 Operational Profit (Loss) 207 13 1,492.307 101.1 104.747 Net profit (Loss) 224.8 27.4 720.437 99.5 125.929 Total Comprehensive Income 245.9 48.1 411.226 131.1 87.566 All figures are in (Millions) Saudi Arabia, Riyals Element List Current Period Similar Period For Previous Year %Change Sales/Revenue 3,047 1,989.9 53.123 Gross Profit (Loss) 561 -147.5 - Operational Profit (Loss) 308 -353.6 - Net profit (Loss) 324 -342.3 - Total Comprehensive Income 377 -341.8 - Total Shareholders Equity (after Deducting Minority Equity) 11,715.3 12,443.5 -5.852 Profit (Loss) per Share 0.58 -0.61 All figures are in (Millions) Saudi Arabia, Riyals Element List Amount Percentage Of The Capital (%) Profit (Losses) Resulting From The Change In Investment Propertie's Fair Value - - All figures are in (Millions) Saudi Arabia, Riyals Element List Explanation The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is The increase in revenues is attributable mainly to higher average sales prices for some of the products, in addition to higher production and sales quantity compared to similar quarter last year. The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The increase in net profit is attributable mainly to higher average sales prices for some of the products, in addition to higher production and sales quantity compared to similar quarter last year. The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is The increase in revenues is attributable mainly to higher production and sales quantity, In addition to higher average sales prices for some of the products compared to previous quarter. The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is The increase in net profit is attributable mainly to higher production and sales quantity, In addition to higher average sales prices for some of the products compared to previous quarter. The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is The increase in revenues is attributable mainly to higher production and sales quantity, in addition to higher average sales prices for some of the products compared to similar period last year. Noting that in similar period last year scheduled turnaround of the company's complex for preventive maintenance from 10 January 2023 to 02 March 2023 as announced on Tadawul's Website on 20 November 2022 and 02 March 2023. The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is The achieved net profit is attributable mainly to higher production and sales quantity, in addition to higher average sales prices for some of the products compared to similar period last year. Noting that in similar period last year scheduled turnaround of the company's complex for preventive maintenance from 10 January 2023 to 02 March 2023 as announced on Tadawul's Website on 20 November 2022 and 02 March 2023. Statement of the type of external auditor's report Unmodified conclusion Comment mentioned in the external auditor's report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) N/A Reclassification of Comparison Items Certain prior period figures have been re-classified to be aligned with the presentation in the current period Additional Information - Attached Documents [Link] Attachments Original Link Permalink Disclaimer Yanbu National Petrochemical Company SJSC published this content on 29 August 2024 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on August 28, 2024 at 00:01:01 UTC .