Accordingly, SIIG would like to clarify that it is consolidating its financial statements with Petrochem in full, and Petrochem's changing the method of consolidating its financial statements with its joint ventures companies led SIIG to change the way they presented its financial statements as well, Therefore, revenue from contracts with customers and gross profit, did not appear in the statement of profit, (loss) income. Because of that, the mentioned lines did not appear in the SIIG announcement on 27-01-2022, and this change did not in any way affect the rights of Ownership of the group company's shareholders, nor on net profits and earnings per share.
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SIIG - Saudi Industrial Investment Group SJSC published this content on 30 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 February 2022 12:55:04 UTC.