Saudi International Petrochemical Company Announces Consolidated Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012
For the full year, the company reported sales of SAR 3,907,625,792 against SAR 3,324,385,052 a year ago. Income from operations was SAR 1,133,766,833 against SAR 1,301,975,824 a year ago. Income before zakat was SAR 670,307,105 against SAR 731,696,190 a year ago. Net income was SAR 601,169,977 against SAR 705,897,758 a year ago. Earnings per share (from net income) were SAR 1.64 against SAR 1.93 a year ago. Earnings per share from main operations were SAR 3.09 against SAR 3.55 a year ago. Net cash from operating activities was SAR 1,217,649,222 against SAR 1,765,417,011 a year ago. Additions to property, plant and equipment was SAR 1,212,464,972 against SAR 703,429,982 a year ago. Additions to intangible assets were SAR 76,895,035 against SAR 13,894,990 a year ago. Net cash from operating activities was SAR 1,217,649,222 against SAR 1,765,417,011 a year ago. Additions to property, plant and equipment was SAR 1,212,464,972 against SAR 703,429,982 a year ago. Additions to intangible assets were SAR 76,895,035 against SAR 13,894,990 a year ago. Net income of pre-operating activities was SAR 1,551,821 against SAR 104,424 a year ago.