14952
SABIC Profit Falls 39% 
Energy

SABIC Profit Falls 39% 

Saudi Basic Industries Corp. (SABIC), one of the world's largest petrochemicals groups, reported a 39% drop in first-quarter net income on Sunday, Reuters reported. SABIC made a net profit of 3.93 billion riyals ($1b) in the three months ending March 31, down from 6.44 billion riyals in the year-earlier period.

 

Short URL : http://goo.gl/ww83tX

You can also read ...

US Expected to Conquer European Oil Market
US crude oil and condensate exports to Europe are expected to...
Aramco IPO Delay Likely
The much-anticipated international listing of Saudi Aramco—the...
Electric Buses Reduce Fuel Consumption, Air Pollution
Electric buses were seen as a joke at an industry conference...
Brent, WTI Prices Hit Highest Since 2014
Brent crude oil rose for a sixth day on Tuesday to hit its...
Petrochemical sector is Iran’s second most valuable industry after oil and gas.
In line with the government's drive to increase the share of...

Trending

Googleplus