VOL. XLII
No. 30
26-July-1999
SAUDI ARABIA
SABIC Reports Net Profit Of $130Mn For First Half 1999
The Saudi Basic Industries Corporation (SABIC) has reporteda net profit of SR488mn ($130mn) for the first six months of 1999, compared toearnings of SR1.342bn ($358mn) for the first half of 1998, a decline of 63%.The second quarter 1999 profit of SR264mn ($70.4mn) was 18% higher than theearnings for the first quarter of the year, which amounted to SR224mn($59.72mn). SABIC attributed the improvement...
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!