yanbu national petrochemical
(YANSAB:Saudi Arabia)
yanbu national petrochemical (YANSAB) Snapshot
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Open
SR57.00
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Previous Close
SR57.25
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Day High
SR57.25
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Day Low
SR56.25
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52 Week High
05/21/13 - SR57.75
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52 Week Low
11/26/12 - SR41.00
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Market Cap
31.6B
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Average Volume 10 Days
591.7K
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EPS TTM
SR4.25
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Shares Outstanding
562.5M
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EX-Date
--
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P/E TM
13.2x
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Dividend
--
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Dividend Yield
--
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Related News
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Yanbu National Petrochemical Company engages in the manufacture and sale of petrochemical products. Its principal products include ethylene; propylene; mono, di, and tri ethylene glycol; polypropylene; low linear density polyethylene; high density polyethylene; butene 1; butene 2; MTBE; benzene; and TX. The company is based in Yanbu Industrial City, Saudi Arabia. Yanbu National Petrochemical Company is a subsidiary of Saudi Basic Industries Corporation.
yanbu national petrochemical (YANSAB) Key Developments
Yanbu National Petrochemical Company reported earnings results for the first quarter ended March 31, 2013. The company has announced in its interim financial results for the first quarter of 2013 that its net income was SAR 667.07 million compared to SAR 720.27 million for the same quarter last year with a decrease of 7.4%, and compared to SAR 640.77 million for the previous quarter with an increase of 4.1 %. The operating income for first quarter of 2013 was SAR 744.45 million compared to SAR 845.49 million for the same quarter last year with a decrease of 12.0%. The earning per share for the three months period ended March 31, 2013 was SAR 1.186 compared to SAR 1.280 for the same period last year. The decrease in the current quarter compared to the same quarter last year is due to decrease in produced and sold quantities as a result of the shutdown of ethylene glycol unit to carry out the periodic maintenance and some technical repairs from Nov.25, 2012 till Jan.25 2013 as announced in Tadawul. The improvement in the sales price of most products and lower finance charges has reduced the impact. The increase in the current quarter compared to previous quarter is due to improvement in sales price of most products and lower finance charges despite lower sold quantities.
Yanbu National Petrochemical Company announced financial results for the third quarter and nine months ended September 30, 2012. For the quarter, the company realized net profit of SAR 435.73 million for the third quarter 2012 compared to SAR 827.94 million for the same quarter last year with a decrease of 47.4% and compared to SR 649.61 Million for the previous quarter with a decrease of 32.9%. The company realized operating profit of SAR 537.12 Million for the third quarter 2012 compared to SAR 952.77 Million for the same quarter last year with a decrease of 43.6%. The decrease in profits for the third quarter 2012 compared to the same quarter last year and the previous quarter is due to lower products sales price for most of the products. For the nine months, the company realized net profit of SAR 1,805.60 million as compared to SAR 2,509.45 million for the same period last year with a decrease of 28.0%. The earning per share for the nine month period was SAR 3.210 compared to SAR 4.461 for the same period last year. The company realized operating profit of SAR 2,147.46 million for the nine month period compared to SAR 2,883.48 million for the same period last year with a decrease of 25.5%. The decrease in profits for the nine month period compared to the same period last year is due to lower products sales price of the products despite the increase in production and sales volumes.
Yanbu National Petrochemical Company reported earnings results for the second quarter and first half of 2012. For the period, the company's net profit dropped 32.6% on year to SAR 649.6 million due to lower product sales prices. For the six months, the company realized a net profit of SAR 1.37 billion compared with SAR 1.68 billion in the year before period, The drop in profit is due to lower products sale price despite the increase in production and sales volumes which resulted from continuous operational improvement.
| Recently Viewed | |||
| YANSAB:AB | SR56.25 SAR | -1.00 | |
| Company | Last | Change | |
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Industry Analysis
YANSAB
Industry Average
| Valuation | YANSAB | Industry Range |
| Price/Earnings | -- | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | -- | Not Meaningful |
| Price/Cash Flow | 13.2x |
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| TEV/Sales | 2.6x |
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To contact YANBU NATIONAL PETROCHEMICAL, please visit www.yansab.com.sa. Company data is provided by Capital IQ. Please use this form to report any data issues.
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