in this issue
Chemical Week Magazine :: Newsbriefs
Sabic’s Earnings Slip
8:57 AM MST | November 4, 2008 | Chemical Week Editorial Staff
Al Mady: Crisis having a mixed impact. Sabic has reported preliminary net profits of SR7.24 billion ($1.9 billion) for the third quarter, down 2% from the same period of last year, on sales up 20%, to SR35.6 billion. The sales increase is due to an improvement in prices for most key products, in line with increases in production and sales volumes of 4% and 3%, respectively, Sabic says. The profit figure is at the top end of analysts’ forecasts of SR6.6 billion-SR7.3 billion. The sales increase partly reflects the inclusion of the former GE Plastics, which...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be: