Saudi Industrial Investment Group announces its Interim Financial Results for the Period Ending on 31-12-2021 (Twelve Months)

Saudi Industrial Investment Group announces its Interim Financial Results for the Period Ending on 31-12-2021 (Twelve Months)

|Element List||Current Quarter||Similar quarter for previous year||%Change||Previous Quarter||% Change|

|Sales/Revenue||-||-||-||-||-|

|Gross Profit (Loss)||-||-||-||-||-|

|Operational Profit (Loss)||272||314||-13.375||339||-19.764|

|Net Profit (Loss) after Zakat and Tax||122||235||-48.085||204||-40.196|

|Total Comprehensive Income||127||211||-39.81||204||-37.745|

|All figures are in (Millions) Saudi Arabia, Riyals|

|Element List||Current Period||Similar period for previous year||%Change|

|Sales/Revenue||-||-||-|

|Gross Profit (Loss)||-||-||-|

|Operational Profit (Loss)||1,873||201||831.84|

|Net Profit (Loss) after Zakat and Tax||1,136||92||1,134.782|

|Total Comprehensive Income||1,142||68||1,579.411|

|Total Share Holders Equity (after Deducting Minority Equity)||7,328||6,412||14.285|

|Profit (Loss) per Share||2.53||0.2|

|All figures are in (Millions) Saudi Arabia, Riyals|

|Element List||Explanation|

|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 reason for the decrease in net income during the current quarter compared to the same quarter of the previous year

|

1. SIIG’s share of profit of the jointly managed projects has decreased in the current quarter, due to an increase in the feedstock costs, in addition to the scheduled turnaround maintenance and catalyst replacement for its project “SCP” during the current quarter.

2. An increase in the zakat expenses in the current quarter.

|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 decrease in the net income during the current quarter compared with the previous quarter