IHS Chemical Week

Regions :: Middle East :: Saudi Arabia

Saudi Arabia's Petrochem reports huge losses in 2012

11:25 AM MST | February 21, 2013 | Natasha Alperowicz

National Petrochemical Company (Petrochem; Riyadh) has announced the audited consolidated financial results for the full-year ended 31 December 2012. The company reported a net loss of 463.5 million Saudi riyals ($123.6 million) in 2012 compared with a net loss of SR64.1 million in the previous year. The loss per share amounted to SR0.97 compared with a loss of SR0.13 a year earlier. Operating loss amounted to SR682 million compared with operating loss of SR47.1 million in 2011. Revenues were not disclosed. The company cites a shutdown of Saudi Polymers’...

This information is only available to Chemical Week subscribers.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




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