IHS Chemical Week

Regions :: Middle East :: Saudi Arabia

Advanced Reports Huge Drop in Profits Citing Lower Prices and Volumes

1:14 AM MDT | July 10, 2012 | Natasha Alperowicz

Advanced Petrochemical (Advanced; Al Jubail, Saudi Arabia) today announced a huge drop in second quarter net profit, citing lower prices and volumes.  The company's net profit in the quarter, ended June 30, 2012, was SR53.9 million ($14.37 million), compared with SR155.6 million in the corresponding quarter of 2011 and SR57.1 million in the first quarter of this year. Income from operations in the second quarter was SR58.1 million compared with SR160.6 million in the first quarter of last year. The company's net profit in the first six months of...

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