in this issue
Regions :: Middle East
Saudi Kayan reports huge full-year losses
February 12, 2013 | Natasha Alperowicz
Saudi Kayan (Al Jubail), a Sabic affiliate engaged in the production of specialty chemicals, reported huge losses for the year 2012. Net loss was 772.27 million Saudi riyals ($205.9 million) compared with SR250.25 million in 2011. The per-share loss was SR0.515 compared with SR0.167 for 2011. Kayan’s gross profit in 2012 was SR151.61 million compared with SR32.44 million in 2011. Operating loss was SR178.84 million compared with a loss of SR56.16 million in 2011. Sales were not disclosed. The company started commercial operations on 1 October...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee