IHS Chemical Week

People & Business :: Companies

YanSab's Third Quarter Net Profit Below Estimates

8:44 AM MDT | October 14, 2010 | Natasha Alperowicz

Yanbu National Petrochemical Co. (YanSab), a Sabic affiliate reported net income of SR356.2 million ($95 million) for the third quarter of this year compared with a net loss of SR7 million in the corresponding period of 2009 and 29% down on the second quarter's net profit of SR502. 4 million. Mutlaq Al-Morished, chairman of the board of YanSab and CFO of Sabic cites increase in production costs as a result of a temporary cracker shutdown in September as the main reason for the drop in profitability. YanSab's net result was lower than SICO's (Manama) expectation...

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