IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Sabic Reports a Huge Rise in Second-Quarter Profits

12:19 PM MDT | July 22, 2011 | NATASHA ALPEROWICZ

Sabic’s second-quarter net income rose 61%, to a record SR8.1 billion ($2.16 billion), compared with the same period of last year. The company beat analysts’ estimates of SR7 billion-SR7.5 billion for the quarter. Gross operating profits in the second quarter were 39% higher year on year, at SR16.49 billion, and operating income was 45% higher at SR13.28 billion. Second-quarter revenues advanced 26%, to SR49 billion on the year-earlier period and were up 9% on the previous quarter. Al Mady: The firm is interested in investment opportunities in India...

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