VOL. XXXII
NO. 30
1-MAY-1989
SAUDI ARABIA
SABIC Triples Income in 1988
The Saudi Basic Industries Corporation (SABIC) in 1988 posted a record netincome (before Zakat) of SR3,680mn ($981mn), or more than three times its netincome of SR1,163mn ($310mn) in 1987, according to the corporation'sconsolidated 1988 results, which were presented on 25 April to a general meetingof SABIC's shareholders. The corporation paid SR85mn in Zakat in 1987 and anestimated SR127mn in 1988. Output of various products...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!