| Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year | -The reasons for the decrease in the net income during the current quarter compared with the same quarter of the previous year are:1- A decrease in SIIGs share of profit of the National Petrochemical Company (Petrochem) to be SR 89 Million in the current quarter compared to SR 167 Million for the same quarter of the previous year.2- Noted that SIIGs share of profit of the projects managed jointly (SCP, JCP) has increased in the current quarter to be SR 91 Million, compared to SR 35 Million for the same quarter of the previous year. |
| Reason for increase (decrease) in net profit for current quarter compared to the previous quarter | -The reasons for the increase in the net income during the current quarter compared with the previous quarter are:1- The projects managed jointly (SCP, JCP) has made a profit of SR 91 million in the current quarter compared to a loss of SR (88) million in the previous quarter, because of a high decrease in the products’ prices of those projects in the previous year.2- Noted that SIIGs share of profit of the National Petrochemical Company (Petrochem) has decreased in the current quarter to be SR 89 Million, compared to SR 121 Million in the previous quarter. |
| Type of the external auditor’s opinion | Unmodified opinion |
| Reclassifications in quarter financial result | Certain prior period figures have been reclassified to conform with the presentation in the current period. |
| Additional Information | From 01 January 2019, the Company has adopted IFRS 16 with no material impact on its interim financial statements. |
