Saudi Aramco Total Refining and Petrochemical Company (SATORP) reported a net profit after zakat and tax of SAR 446.9 million for fiscal year 2018, a 3.6 percent year-on-year (YoY) increase, fully owned subsidiary Arabian Aramco Total Services Co. said in a bourse statement.
The rise in profit is attributed to recording higher taxes in 2017, as the firm applied a new income tax base on Saudi Aramco’s share.
|
Income Statement |
|||
|
Period |
2017 |
2018 |
Variation |
|
Revenue (SAR mln) |
33,934.0 |
44,573.3 |
+31% |
|
Net profit (SAR mln) |
431.4 |
446.9 |
+4% |
|
Average number of shares (mln share) |
825.0 |
825.0 |
-- |
|
EPS (SAR/share) |
0.52 |
0.54 |
+4% |
|
SATORP Quarterly Net Profit |
||
|
Period |
Net Profit (SAR mln) |
EPS (SAR/share) |
|
2016 |
||
|
Q1 2016 |
546.4 |
0.66 |
|
Q2 2016 |
549.5 |
0.67 |
|
Q3 2016 |
(52.1) |
(0.06) |
|
Q4 2016 |
310.8 |
0.38 |
|
2017 |
||
|
Q1 2017 |
233.6 |
0.28 |
|
Q2 2017 |
93.7 |
0.11 |
|
Q3 2017 |
193.3 |
0.23 |
|
Q4 2017 |
(277.3) |
(0.34) |
|
2018 |
||
|
Q1 2018 |
(205.3) |
(0.25) |
|
Q2 2018 |
457.9 |
0.56 |
|
Q3 2018 |
352.1 |
0.43 |
|
Q4 2018 |
(157.8) |
(0.19) |
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