Saudi Arabia Refineries Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )

ELEMENT LIST	CURRENT QUARTER	SIMILAR QUARTER FOR PREVIOUS YEAR	%CHANGE	PREVIOUS QUARTER	% CHANGE
Sales/Revenue	28,498	1,190,427	-97.606	-611,771	–
Gross Profit (Loss)	28,498	1,190,427	-97.606	-611,771	–
Operational Profit (Loss)	-684,087	317,799	–	-1,563,206	-56.238
Net Profit (Loss) after Zakat and Tax	-658,446	221,071	–	-1,594,965	-58.717
Total Comprehensive Income	58,155,299	78,554,863	-25.968	-148,833,670	–
All figures are in (Actual) Saudi Arabia, Riyals

ELEMENT LIST	CURRENT PERIOD	SIMILAR PERIOD FOR PREVIOUS YEAR	%CHANGE
Total Share Holders Equity (after Deducting Minority Equity)	617,690,117	586,879,140	5.249
Profit (Loss) per Share	-0.04	0.01
All figures are in (Actual) 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 realizing the loss during the current quarter compared to the same quarter of the previous year is due to the decrease in: investment income and also decrease in the company’s share of the profits of associate companies during the current quarter (the loss of the shareholding in the Arab Tankers Company).
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 reason for the decrease in the loss during the current quarter compared to the previous quarter is due to the increase in investment income and the decrease in the shareholding loss in the Arab Tankers Company (the company’s share of the profits of associates).
Statement of the type of external auditor’s report	Unmodified conclusion
Reclassification of Comparison Items	Nothing

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