IHS Chemical Week

People & Business :: Companies

Safco's 2012 profits down on lower volumes; Ma'aden begins to re-commission DAP plant

3:52 AM MST | February 18, 2013 | Natasha Alperowicz

Sabic’s subsidiary Saudi Arabian Fertilizer Company (Safco; Jubail, Saudi Arabia) has announced a 6% drop in net profit for full-year 2012. Net profit in the year ended 31 December 2012 reached 3.87 billion Saudi riyals ($1.03 billion) compared with SR4.11 billion in 2011. Earnings per share were SR11.60 compared with SR12.33 in 2011. Safco’s gross profit declined 4.2% to SR3.6 billion while operating profit was SR3.52 billion compared with SR 3.67 billion in 2011. Sales were not disclosed.   The decrease in 2012 profits was due to lower sales...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © 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