IHS Chemical Week

Regions :: Middle East

Safco reports decline in profits on lower fertilizer sales

4:46 AM MDT | October 21, 2013 | Natasha Alperowicz

Saudi Arabia Fertilizer Co. (Safco, Al Jubail), citing lower fertilizer prices, today reported a major drop in profits. Net profit in the third quarter was down 36%, to 734 million Saudi riyals ($195.7 million). Operating profit was down 35%, to SR676 million. Safco, a Sabic affiliate, says that, despite higher sales volumes, the result was lower compared with the corresponding period of 2012. Sales have not been disclosed.   Safco’s net profit for the nine months of this year declined 13%, to SR2.36 billion. Operating profit was 15% down, at SR2.14...

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 member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 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

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


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