Unaudited interim condensed financial statements for the nine month period ended 30 September 2021
CLASSIFICATION: C0 - NON-CONFIDENTIAL
Mesaieed Petrochemical Holding Company Q.P.S.C.
Financial statements for the nine month period ended 30 September 2021
CONTENTS
PAGES
Statement of financial position ___________________________________________ 1
Statement of profit or loss and other comprehensive income _______________________2
Statement of changes in equity ___________________________________________3
Statement of cash flows ________________________________________________4
Notes to the financial statements ________________________________________5-15
CLASSIFICATION: C0 - NON-CONFIDENTIAL
Mesaieed Petrochemical Holding Company Q.P.S.C.
Financial statements for the nine month period ended 30 September 2021
(All amounts expressed in thousands Qatari Riyals unless otherwise stated)
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
For the nine month period ended
30 September
2020
2021
Notes
(Unaudited)
(Unaudited)
Share of results from joint ventures
3
1,425,413
316,367
Interest income
23,362
25,807
Other income
1,054
753
Gross profit
1,449,829
342,927
General and administrative expenses
(11,517)
(12,474)
Profit for the period
1,438,312
330,453
Other comprehensive income
-
-
Total comprehensive income for the period
1,438,312
330,453
Earnings per share
Basic and diluted earnings per share (expressed in
QR per share)
12
0.114
0.026
2
CLASSIFICATION: C0 - NON-CONFIDENTIAL
Mesaieed Petrochemical Holding Company Q.P.S.C.
Financial statements for the nine month period ended 30 September 2021
(All amounts expressed in thousands Qatari Riyals unless otherwise stated)
STATEMENT OF CHANGES IN EQUITY
For the nine month period ended
Share
Legal
Retained
Capital
Reserve
Earnings
Total
Balance at 1 January 2020 (Audited)
12,563,175
61,934
3,513,469
16,138,578
Profit for the period
-
-
330,453
330,453
Other comprehensive income for the period
-
-
-
-
Total comprehensive income for the period
-
-
330,453
330,453
Transaction with owners in their capacity as
owners:
Dividends approved
-
-
(879,422)
(879,422)
Balance at 30 September 2020(Unaudited)
12,563,175
61,934
2,964,500
15,589,609
Balance at 1 January 2021 (Audited)
12,563,175
67,606
3,125,167
15,755,948
Profit for the period
-
-
1,438,312
1,438,312
Other comprehensive income for the period
-
-
-
-
Total comprehensive income for the period
-
-
1,438,312
1,438,312
Transaction with owners in their capacity as
owners:
Dividends approved
-
-
(502,527)
(502,527)
Balance at 30 September 2021 (Unaudited)
12,563,175
67,606
4,060,952
16,691,733
3
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Mesaieed Petrochemical Holding Co. QSC published this content on 27 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2021 12:17:09 UTC.
Mesaieed Petrochemical Holding Company QPSC is a Qatar-based holding company engaged in the petrochemical sector. The principal activity of the Company is to establish, manage, own, and hold shares, assets, and interests in companies engaged in processing and manufacturing of petrochemical products. The Company operates in one business segment that of petrochemical segment from its interest in the joint ventures, which produces and sells polyethylene, 1-hexene, normal alpha olefins, other ethylene derivatives, caustic soda, ethylene dichloride, vinyl chloride monomer and other petrochemical products.
MESAIEED PETROCHEMICAL HOLDING COMPANY Q.P.S.C. 
