VOL. XXXIV
NO. 45
12-AUGUST-1991
Saudi Arabia
SABIC's First Half Profits Rise
The Saudi Basic Industries Corporation (SABIC) inthe first half of 1991 reported a 19.4% increase in net profits to SR1,459mn($389mn) from SR1,222mn ($326mn) in the first half of 1990, according to thecorporation's unaudited mid-year results. Total revenue in the first half of1991 fell slightly to SR4,308mn ($1,147mn) from SR4,353mn ($1,161mn) in thecorresponding period of 1990. For the whole of 1990, SABIC reported...
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