BCI announces its annual financial results

25/02/2013 08:50 AST

Basic Chemical industries Co. (BCI) announces its annual financial results for the Year ended December 31, 2012:

1. The net income amounted to SR 64.5 million compared to SR 59.3 million previous year, an increase of 8.8 %.

2. The earnings per share amounted to SR 2.3 compared to SR 2.2 for the last year.

3. The gross profit amounted to SR 189.9 million compared to SR 174.3 million for last year, an increase of 9 %.

4. The income from operations amounted to SR 107.6 million compared to SR 97.8 million for last year, an increase of 10 %.

5. The reason for the rise in the current period compared to the corresponding period of the previous year to increase the value of sales by 9%, and improved results of its subsidiaries.

6. For comparative purposes, some figures of last year results were reclassified to conform to current year presentation.


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