YANBU NATIONAL PETROCHEMICAL COMPANY YANSAB ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDING ON 30-09-2014 (NINE MONTHS)
20 Oct 2014
ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CURRENT CHANGE PREVIOUS QUARTER % CHANGE PREVIOUS
NET PROFIT (LOSS) 691.3  
 864.8 -20.6 613 12.77
GROSS PROFIT (LOSS) 844.8
 1,027.7 -17.8 760.6 11.07
OPERATIONAL PROFIT (LOSS) 784.5 957.1 -18.03 700.6 11.98
ELEMENT CURRENT PERIOD
 SIMILAR PERIOD FOR PREVIOUS YEAR % CHANGE
NET PROFIT (LOSS) 1,860
 2,204.4
 -15.55
GROSS PROFIT (LOSS) 2,313.8 2,635.2 -12.2
OPERATIONAL PROFIT (LOSS) 2,130.4 2,457.8 -13.32
EARNING OR LOSS PER SHARE, RIYALS 3.31 3.92 -

All figures are in (Millions) Saudi Arabia, Riyals 

ELEMENT EXPLANATION
REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH SAME QUARTER LAST YEAR The decrease in net profit is due to lower sales volume despite the decrease in financial and General & administrative costs.
REASONS OF INCREASE (DECREASE) FOR PERIOD COMPARED WITH SAME PERIOD LAST YEAR The decrease in net profit is attributable to the higher of cost of sales due to increase in some of the feedstock prices and the increase in zakat provision despite lower Financial cost.
REASONS OF INCREASE (DECREASE) FOR QUARTER COMPARED WITH PREVIOUS QUARTER The increase in net profit is attributable to slight improvement in average sales prices for certain products.
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