Saudi Chemical Co. announces its Interim Financial Results for the Period Ending on 2023-09-30 ( Nine Months )

Saudi Chemical Co. announces its Interim Financial Results for the Period Ending on 2023-09-30 ( Nine Months )

| Element List

|| Explanation

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| 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 increase in net income is due to the increase in operating profit mainly because of the increase in sales volume and the increase in sales prices for some products, despite the increase in finance costs, and the decrease in revaluation gain on derivative financial instruments related to interest rate exposure.

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| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year is

|| The increase in net income is due to the increase in operating profit mainly because of the improvement in gross profit along with the decrease in Zakat and tax provision, despite the increase in finance costs, together with the increase in foreign currency revaluation, and the decrease in revaluation gain on derivative financial instruments related to interest rate exposure.

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| 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 increase in net income is due to the increase in operating profit mainly