SABIC Agri-Nutrients Co.announces its consolidated financial results for the year ended on 31-12-2023 (Twelve Months)

SABIC Agri-Nutrients Co.announces its consolidated financial results for the year ended on 31-12-2023 (Twelve Months)

26 February 2024 09:25 AM

Element List

Current Year

Previous Year

%Change

Sales/Revenue

11,033

18,981

-41.87

Gross Profit (Loss)

4,598

11,187

-58.9

Operational Profit (Loss)

3,664

10,338

-64.56

Net profit (Loss)

3,659

10,037

-63.54

Total Comprehensive Income

3,579

10,049

-64.38

Total Share Holders Equity (After Deducting the Minority Equity)

17,742

19,894

-10.82

Profit (Loss) per Share

7.69

21.08

All figures are in (Millions) Saudi Arabia, Riyals

Element List

Amount

Percentage of the capital (%)

Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value

-

-

All figures are in (Millions) Saudi Arabia, Riyals

Element List

Explanation

The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year

The reasons of decrease in revenue for the current year compared with last year: • Decrease in average selling prices of company's products by 43%

The reason of the increase (decrease) in the net