Advanced Petrochemical Company provided consolidated earnings guidance for the year ended December 31, 2017. For the period, the company expects net profit of SAR 631.12 million or SAR 3.21 per share and operational profit of SAR 619.66 million compared to net profit of SAR 731.88 million or SAR 3.72 per share and operational profit of SAR 728.12 million reported for the same period of previous year. The decrease in net profit is mainly attributable to significant increase in feedstock costs (propane overall cost increase by 38.24% and outsourced propylene cost increase by 69.62% compared to prior year) despite the increase in revenue from the sales of finished products (increase by 11.46% compared to year 2016).