Sabic Reports Lower Fourth-Quarter Profits, Says 2013 Should Be Better

09:17 AM | January 18, 2012 | Natasha Alperowicz

Sabic reported a 10% drop in net profit in the fourth quarter of 2011 to SR5.24 billion ($1.4 billion) on 15% higher sales at SR47 billion. Speaking at a press conference on Tuesday, CEO Mohamed Al...