| Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to | The reasons for the decrease in the net profit for the current quarter compared with the same quarter last year are:1. SIIGs managed jointly projects have made losses of SR (189) million in the current quarter, compared to a profit of SR 91 Million in the same quarter last year, due to a large decrease in the products’ prices, as an effect of coronavirus pandemic on the global economy.2. A decrease of SIIGs share of profit of the National Petrochemical Company (Petrochem) in the current quarter to be SR 24 Million, compared to SR 89 Million in the same quarter last year.3. A decrease in the other income. |
| Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to | The reasons for the decrease in the net profit in the current quarter compared with the previous quarter are:1. An increase of SIIGs managed jointly projects losses in the current quarter to be SR (189) million, compared to a loss of SR (11) Million in the previous quarter, due to a large decrease in the products’ prices, as an effect of coronavirus pandemic on the global economy.2. A decrease of SIIGs share of the National Petrochemical Company (Petrochem) profit in the current quarter to be SR 24 Million, compared to SR 69 Million in the previous quarter.3. A decrease in the other income. |
| Basis of the External Auditor’s Opinion | Unmodified opinion |
| Reclassification of Comparison Items | Certain prior period figures have been re-classified to confirm with the presentation in the current period. |
