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People & Business :: Companies

Sabic’s Profits Rise

1:57 PM MDT | July 25, 2007 | Chemical Week Editorial Staff

Sabic reported first-quarter net income up 50%, to SR6.3 billion ($1.68 billion) led by higher selling prices across most of its businesses, and increased production and marketing, says Sabic CEO Mohamed Al-Mady. Sabic does not report quarterly sales. Operating profits rose 45%, to SR6.6...

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