IHS Chemical Week

Regions :: Middle East :: Saudi Arabia

Sipchem and APC Report Increases in Fourth Quarter Profits

2:26 AM MST | January 18, 2010 | Natasha Alperowicz

Sipchem (Riyadh) reported a 62% rise in fourth-quarter 2009 earnings to SR56.5 million ($15.1 million) compared with the same priod in the previous year. The company's net income for the whole of 2009 fell 71% to SR140.9 million. Fourth quarter operating profit was up 48% at SR122.8 million. Full year 2009 operating profit was SR 168.5 million, an 83% decline on 2008. Analysts are upbeat about Sipchem's prospects. "We remain bullish on the short term prospects for the company given near term expected strength in methanol markets coupled with...

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 © 2014 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