Yansab 1Q2016 first glance: An impressive set of results despite lower volumes Q-o-Q, well ahead of our forecasts
Net income – SAR401.9 million, +41% Y-o-Y, +2% Q-o-Q, +25% versus EFGe Gross profit – SAR521 million, +26% Y-o-Y, -3% Q-o-Q, +13% versus EFGe Operating income – SAR474 million, +30% Y-o-Y, -1% Q-o-Q, +17% versus EFGe Yanbu Nat
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