Yanbu National Petrochemical Company announced financial results for the first quarter ended March 31, 2018. For the quarter, the company reported net profit of SAR 630.6 million against SAR 608.2 million for the same period a year ago. Operational profit was SAR 634.8 million against SAR 623.2 million for the same period a year ago. Earnings per share were SAR 1.12 per share against SAR 1.08 per share million for the same period a year ago. The increase in net profit is attributable to higher average sales prices for all products despite lower sales quantity and higher average prices of some feedstock materials. The Sales for this quarter amounted to SAR 1,787.2 million compared to SAR 1,785.5 million for the same quarter last year.