YANSAB announces interim financial results for the period ending December 31, 2011

20/01/2012

1. Realized net profit of SR 664.88 million for the 4Q2011 compared to SR 554.76 million for the same quarter last year, an increase of 20 percent, and compared to SR 827.94 million for the previous quarter, a decrease of 20 percent.

2. Realized total profit of SR 786.41 million for the 4Q2011 compared to SR 710.15 million for the same quarter last year, an increase of 11 percent.

3. Realized operating profit of SR 734.20 million for the 4Q2011 compared to SR 671.41 million for the same quarter last year with an increase of 9 percent.

4. Realized net profit of SR 3,174.33 million for the 12 months period compared to SR 1,672.78 million for the same period last year with an increase of 90 percent.
 
5. The earnings per share for the 12 months period was SR 5.643 compared to SR 2.974 for the same period last year.

6. Realized total profit of SR 3,793.08 million for the 12 months period compared to SR 2,169.57 million for the same period last year, an increase of 75 percent.

7. Realized operating profit of SR 3,617.68 million for the 12 months period compared to SR 2,046.49 million for the same period last year, an increase of 77 percent.

8. The increase in profits for 4Q2011 compared to the same quarter last year is due to increase in production and sales quantities.
The increase in profits for the period compared to the same period last year is due to commencement of commercial operations on March 1, 2010 and an increase in the production and sales quantities combined with improvement in sales prices of most of the products. The reduction in profits for 4Q2011 compared to the previous quarter is due to lower sales prices for the products in spite of an increase in sales quantities.