National Petrochemical Co. (Petrochem) said in a corrective statement that its sales during the fiscal year of 2017 were SAR 7.4 billion, rather than SAR 9 billion as announced before.
The correction will not affect gross profit, operating profit or net profit, the statement added.
|
|
Sales and Net Profit (SAR mln) |
||||
|
Period |
Sales |
Growth% |
Net Profit |
Growth% |
|
|
2017 |
7,364.0 |
+21.4% |
888.3 |
+123.5% |
|
|
Q4 |
2,169.3 |
+86.6% |
391.19 |
+416.4% |
|
|
Q3 |
1,755.3 |
+9.6% |
196.94 |
+2.8% |
|
|
Q2 |
1,754.1 |
6.8% |
132.28 |
( 36.4% ) |
|
|
Q1 |
1,685.3 |
+1.5% |
167.9 |
+38.3% |
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