1) Realized net loss of SR 16.91 Million compared to net profit of SR 171.56 Million last year.
2) The per share loss was SR 0.011 compared to per share profit SR 0.114 last year.
3) Comparisons were done with the twelve months results for 2008 (Jan 01, 2008 to Dec 31, 2008) while published figures for 2008 covered 19 months (June 12, 2007 till December 31, 2008).
Saudi Kayan is still in the pre operating stage and all these gains or losses during this stage are classified as none operational. On this occasion, Eng. Mutlaq Al-Morished, Chairman of the Board of Directors of Saudi Kayan and Executive Vice President, SABIC Corporate Finance reported:” Implementation works are well on track and basic units operation is expected by 2 half of 2010.