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Sabic Reports Sharp Drop in Net Profit

9:12 AM MDT | September 17, 2009 | Natasha Alperowicz

Sabic says net income for the quarter ended June 30, 2009 was SR1.8 billion ($480 million),  compared to SR 7.5 billion for the same quarter in 2008, a decline of 76%, and compared to a net loss of SR974 million in the previous quarter...

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