Saudi Arabia Fertilizers Co. announces the interim financial results for the period ending on 31-03-2016 (Three Months)

17 Apr 2016

ELEMENTCurrent quarter PREVIOUS YEAR% Change Current Previous quarter% Change Previous
NET PROFIT (LOSS) 286590-51.53 379-24.54
GROSS PROFIT (LOSS) 271603-55.06 360-24.72
OPERATIONAL PROFIT (LOSS) 256583-56.09 342-25.15
EARNING OR LOSS PER SHARE, RIYALS 0.691.42- --

All figures are in (Millions) Saudi Arabia, Riyals

ELEMENTEXPLANATION
Reasons of increase (decrease) for quarter compared with same quarter last yearLower 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 quarterLower 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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