Riyadh – Mubasher: Yanbu National Petrochemicals (Yansab) on Sunday announced amendments to its financial statements for the fourth quarter of 2017.
Net profits rose 28.15% to SAR 777.9 million in Q4-17 from SAR 607 million in Q4-16, according to a bourse filing on Sunday. The company had announced on Thursday that its net profits reached SAR 780 million in Q4-17, compared to SAR 607 million in Q4-16.
Yansab also amended its total profits for the final quarter of 2017, indicating an increase of 22.37% to SAR 896.5 million instead of a 22.35% rise to SAR 896.3 million, from SAR 732.6 million in the same period in the year before.
Quarter-on-quarter, Yansab’s profits went up 20.68%, instead of 21%, the statement showed.
Yansab's stock shed 0.59%, closing Thursday at SAR 63.90.
