IHS Chemical Week

Sabic affiliates report mixed second quarter results

11:29 AM MDT | July 16, 2013

Saudi Kayan has reported a decline in losses for the second quarter. The company says it lost a net 238.24 million Saudi riyals ($63.5 million) in the second quarter compared with SR328.32 million in the year-earlier period. The operating loss was SR106.56 million compared with SR162.15 million in the second quarter of last year. The company cites lower prices and higher expenses. Volumes and costs were also impacted by the completion of a shutdown in the quarter. Sales have not been disclosed. Commenting on the result, Hassan Ahmed, an analyst with Alembic...

Access is for Chemweek 24/7 PLUS Members ONLY

This information is only available to Chemweek 24/7 PLUS members who have subscribed to Chemweek’s Business Daily. If you are a member, please log in, OR if you have a trial membership, please use your trial membership account information. 


Forgot your user ID or password? Click here to have it sent to you.

contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa