Basic Chemical Industries Co. announces the interim financial results for the period ending on 31-03-2018 (Three Months)
SIMILAR QUARTER FOR PREVIOUS YEAR
% CHANGE CURRENT
% CHANGE PREVIOUS
Net profit (loss)
Gross profit (loss)
Operational profit (loss)
Earning or loss per share, Riyals
All figures are in (Millions) Saudi Arabia, Riyals
Reasons of increase (decrease) for quarter compared with same quarter last year
The increase in gross profit, operating profit and net profit is due to increased sales and other operating income and reduced general and administrative expenses
1. Sales for the current quarter reached 153.76 million compared to 128.39 million for the same quarter last year, an increase of 19.76%. 2. Total comprehensive income during the current quarter reached 16.01 million compared to 5.92 million for the same quarter last year, an increase of 170.44% (excluding non-controlling interests). 3. Shareholders' equity (excluding non-controlling interests) for the current period reached 504.70 million compared to 488.69 million at the end of the previous year, an increase of 3.28%.
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