Media Releases

Sipchem International Petrochemical Company (Sipchem) announces the annual Financial Results for the Period Ending 31-12-2016
Wednesday, March 15, 2017

ELEMENT

CURRENT YEAR

PREVIOUS YEAR

% CHANGE

Net profit (loss)

70

288.2

-75.71

Earning or loss per share, Riyals

0.19

0.79

-

Gross profit (loss)

690.3

833

-17.13

Operational profit (loss)

416.6

573.4

-27.35

All figures are in (Millions) Saudi Arabia, Riyals

SIPCHEM ANNOUNCES THE TRANSITION PLAN FOR THE IMPLEMENTATION OF INTERNATIONAL REPORTING STANDARDS (IFRS) PHASE-II
Monday, October 31, 2016

Reference is made to CMA announcement on 21/08/2016 regarding Sipchem adopting International Financial Reporting Standards (IFRS), and to Sipchem disclosure on 30/08/2016. Sipchem is now pleased to announce that:

 

Saudi International Petrochemical Co. announces the interim financial results for the period ending on 30-09-2016 (Nine Months)
Wednesday, October 19, 2016

Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
-59 71.6 - 26 -
84 209.4 -59.89 163.6 -48.66
24 156.9 -84.7 99 -75.76