ADVANCED PETROCHEMCICAL COMPANY ANNOUNCES INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 31.12.2013 (12 MONTHS).

1. The company's net profit during the Q4-2013 was SR 161.29 million compared to SR 117 million for the same quarter last year with an increase of 37.85% and compared to SR 140.96 million for the previous quarter with an increase of 14.42%.
2 The company's gross profit during the Q4-2013 was SR 173.96 million compared to SR 134.53 million for the same quarter last year with an increase of 29.31%.
3. The company's income from operation during the Q4-2013 was SR 160.1 million compared to SR 122.17 million for the same quarter last year with an increase of 31.05%.
4 The company's net profit during 12 months was SR 556.86 million compared to SR 328.24 million for the same period last year with an increase of 69.65%.
5. The company's Earnings per share during 12 months were SR 3.4 compared to SR 2.00 for the same period last year.
6. The company's gross profit during 12 months was SR 611.45 million compared to SR 386.5 million for the same period last year with an increase of 58.2%.
7. The company's income from operation during 12 months was SR 565.51 million compared to SR 346.4 million for the same period last year with an increase of 63.25%.
8. Reasons of increase (decrease) for quarter compared with same quarter last year Increase in Selling Price.
9. Reasons of increase (decrease) for period compared with same period last year Increase in sales quantities and prices as well as decrease in feedstock prices.
10. Reasons of increase (decrease) for quarter compared with previous quarter Increase in sales quantities and prices.

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