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04 Nov 2013
NAMA CHEMICALS CO. ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDING ON 30-09-2013 (NINE MONTHS)

Element Current quarter Similar quarter for previous year  % Change Current  Previous quarter % Change Previous 
 Net profit (loss) -12 -13.2 9.09 9.54 -
 Gross profit (loss) 8.15 8.45 -3.55 32.42 -74.86
 Operational profit (loss) -15.73 -9.28 -69.5 9.5 -
 Element     Current period  similar period for previous year  % Change
 Net profit (loss) -27.9 -26.84 -3.95
 Gross profit (loss) 48.66 51.32 -5.18
 Operational profit (loss) -22.39 -7.97 -180.93
 Earning or loss per share, Riyals  -0.22 -0.21 -
All figures are in (Millions) Saudi Arabia, Riyals   
Element  Explaination
Reasons of increase (decrease) for quarter compared with same quarter last year The reason for the decrease due to under value returns rent of company building, in addition to other revenue, and the loss is due generally to higher raw material prices and lower the final sale price and high freight rates.
Reasons of increase (decrease) for period compared with same period last year Reason for the loss increase due to increased shipping and distribution costs and lower total sales of Hassad project in this period due to the lower level of production in the first quarter results also include building Depreciation Head office of the company, as well as extinguish the pre-operating expenses for the manufacturer of calcium Chloride.
Reasons of increase (decrease) for quarter compared with previous quarter Loss due to lower selling prices in the third quarter and increased raw material prices.
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