National Petrochemical Co. (Petrochem) posted a net profit after zakat and tax of SAR 542 million for the first nine months of 2019, a fall of 41.7 percent year-on-year (YoY) due to lower average selling prices.
|Gross Income||2,238.34||1,473.12||(34.2 %)|
|Operating Income||1,748.09||1,031.98||(41.0 %)|
|Net Income||929.37||541.74||(41.7 %)|
|EPS (Riyal)||1.94||1.13||(41.7 %)|
In the third quarter, net profit after zakat and tax slid 44.3 percent YoY to SAR 171 million hit by a decline in average selling prices and other income.
On a sequential basis, profit decreased 6.6 percent on higher sales and distribution expenses, increase in zakat expenses and lower other income.
|2019 - Q3 (e)||2019 - Q3 (a)||Change|
|P/E Before Unusual Items (TTM)||20.29|
|Dividend Yield||2.06 %|
|Market Cap. (M)||11,990.40|
|Return on Average Assets||3.77 %|
|Return on Average Equity||10.02 %|