Saudi Arabia Fertilizers Co. reported earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported net profit of SAR 237.2 million compared to SAR 423.36 million a year ago. Operational profit was SAR 241.58 million compared to SAR 394.56 million a year ago. Earnings per share were SAR 0.57 compared to SAR 1.02 a year ago. Sales revenues for the current quarter amounted to SAR 810.76 million decreased 4.24% compared to sales revenues for the same quarter last year amounted to SAR 846.65 million and increased by 31.61% compared to sales revenues for the last quarter amounted to SAR 616.05 million. The reason of the decrease in the net profit due to the increase in costs related to organization restructuring to face the future challenges and support company strategy. Also, there was a decrease in company share from Ibn AlBaytar profit. In addition, increase in depreciation costs because of capitalization for some reliability projects during last year.