Correction announcement from Basic Chemical Industries Co. in regards to to interim financial results for the period ended 31-03-2021 (Three Months)

ELEMENT LISTEXPLANATION
Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website2021-05-20 Corresponding to 1442-10-08
URL of the Previous AnnouncementClick Here
Incorrect statements in the previous announcementThe reason for the increase in gross profit is due to the decrease in cost of sales and The reason for the increase in operating profit and in net profit is due to decrease in selling and distribution expenses.
Correct StatementThe reason for the increase in gross profit is due to the decrease in cost of sales and the reason for the decrease in net profit is due to increase in Zakat and income tax expenses.

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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