AI Summary
One of SATORP's facilities
Saudi Aramco Total Refining & Petrochemical Co. (SATORP) posted a net profit of SAR 1.18 billion for Q1 2023, a fall of 17% from SAR 1.43 billion a year earlier.
|
Statement of Income |
|||
|
Period |
Q1 2023 |
Q1 2022 |
Change |
|
Revenue (SAR mln) |
13110.02 |
17351.9 |
-24.45 |
|
Net Income (SAR mln) |
1183.45 |
1434.27 |
-17.49 |
|
Average Number of Shares (mln) |
825.0 |
825.0 |
-- |
|
EPS (SAR/Share) |
1.43 |
1.74 |
-- |
This was due to lower throughput on planned maintenance activity compared to the same quarter of the previous year.
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SATORP Net Income Since 2022 |
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Period |
Net Income (SAR mln) |
EPS (SAR/ Share) |
|
2022 |
||
|
Q1 |
1434.3 |
1.74 |
|
Q2 |
3080.6 |
3.73 |
|
Q3 |
2171.9 |
2.63 |
|
Q4 |
2349.1 |
2.85 |
|
2023 |
||
|
Q1 |
1183.5 |
1.43 |
Total shareholders' equity, no minority interest, reached SAR 15.59 billion at the end of Q1 2023, compared with SAR 6.20 billion a year before.
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