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21-Jul-2016

Yansab 2Q16 first glance: Knock-out numbers beat our and consensus forecasts by a wide margin

Net income – SAR689.3mn, +203% Y-o-Y, +72% Q-o-Q, +46% vs. EFGe Gross profit – SAR795.2mn, +113% Y-o-Y, +53% Q-o-Q, +30% vs. EFGe Operating income – SAR738mn, +133% Y-o-Y, +56% Q-o-Q, +33% vs. EFGe   Yanbu National Petrochemical

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