| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The reasons for the increase in net income during the current quarter compared to the same quarter of the previous year are due to:1. SIIG’s jointly managed projects have made a profit of SR 226 million in the current quarter, compared to a profit of SR 53 million in the same quarter of the previous year, due to an increase in products’ prices.2. SIIG’s share of profit of the National Petrochemical Company (Petrochem) has increased in the current quarter to be SR 301 million in the current quarter compared to a loss of SR (95) million for the same quarter of the previous year. Due to an increase in products’ prices. In addition to that, Petrochem had permanently shut down its Polystyrene unit and fully depreciated it during the same quarter of the previous year.3. A decrease in the Zakat expenses as Petrochem has reverse zakat provisions relating to previous years during this quarter.4. A decrease in the finance costs. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year is | The reasons for the increase in the net income during the current quarter compared with the previous quarter are due to:1. SIIG’s jointly managed projects have made a profit of SR 226 million in the current quarter, compared to a profit of SR 161 million in the previous quarter, because of the scheduled turnaround that the project “JCP” had during the previous quarter.2. SIIG’s share of profit of the National Petrochemical Company (Petrochem) has increased in the current quarter to be SR 301 million in the current quarter compared to a profit of SR 156 million in the previous quarter due to an increase in products’ price in this quarter.3. A decrease in the Zakat expenses as Petrochem has reverse zakat provisions relating to previous years during this quarter. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | The reasons for the increase in the net income during the current period compared with the same period in the previous year are due to:1. SIIG’s jointly managed projects have made a profit of SR 387 million in the current period, compared to a loss of SR (137) million in the same period of the previous year. due to an increase in products’ prices.2. SIIG’s share of profit of the National Petrochemical Company (Petrochem) has increased in the current period to be SR 457 million compared to a loss of SR (71) million for the same period of the previous year due to an increase in products’ prices. In addition to that, Petrochem had permanently shut down its Polystyrene unit and fully depreciated it during the same period of the previous year.3. A decrease in the Zakat expenses as Petrochem has reverse zakat provisions relating to previous years during this period.4. A decrease in the finance costs. |
| Statement of the type of external auditor’s report | Unmodified conclusion |
| Reclassification of Comparison Items | Certain prior period figures have been re-classified to confirm with the presentation in the current period. |
