17 Apr 2016
ELEMENT Current quarter PREVIOUS YEAR % Change Current Previous quarter % Change Previous
NET PROFIT (LOSS) 286 590 -51.53 379 -24.54
GROSS PROFIT (LOSS) 271 603 -55.06 360 -24.72
OPERATIONAL PROFIT (LOSS) 256 583 -56.09 342 -25.15
EARNING OR LOSS PER SHARE, RIYALS 0.69 1.42 - - -

All figures are in (Millions) Saudi Arabia, Riyals

ELEMENT EXPLANATION
Reasons of increase (decrease) for quarter compared with same quarter last year Lower selling prices for the company's products .However, increase in quantities sold for the company's products minimized the effect.
Reasons of increase (decrease) for quarter compared with previous quarter Lower selling prices for the company's products .However, increase in quantities sold for the company's products minimized the effect.
Reclassifications in quarterly financial results Certain previous period expenses have been re-classified to conform to the presentation of financial statements in the current period.
OTHER NOTES
 Earnings per share was based on the company's number of shares (416.666.666) after the approved increase in capital by the Extraordinary General Meeting of the company on 06.04.2015

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SAFCO - Saudi Arabia Fertilizers Co. issued this content on 17 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 April 2016 12:40:08 UTC

Original Document: http://www.safco.com.sa/en/news/2016/20160420-SAFCO-Announces-Anual-financial-results.aspx