IHS Chemical Week

Regions :: Middle East :: Saudi Arabia

Saudi Firms Report Mixed Results: Sipchem Profits Down, Safco Flat

2:51 PM MDT | July 16, 2012 | Natasha Alperowicz

Saudi International Petrochemical Co. (Sipchem; Al-Khubar, Saudi Arabia) today reported a 17.7% slide in second quarter net profit to SR136.1 million ($36.3 million), compared with SR165.4 million in the same quarter of 2011. Net profit was also down 10% from the preceding quarter. First-quarter 2012 net profit reached SR151.6 million. Gross profit in the second quarter of this year was flat, at SR314.2 million. Second quarter operating profit was also down close to 2%, at SR283.5 million.   Net profit during the first six months of this year reached SR287.7...

This information is only available to Chemical Week subscribers.

Username:
Password:

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 © 2012 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