VOL. XXXIX
No. 4
23-October-1995
SAUDI ARABIA
NCC's Profits Increase 162% In First Nine Months Of 1995
The National Chemical Company (NCC) - owned 80% by Saudi Arabia's National Shipping Company (NSC) and 20% by the Saudi Basic Industries Corporation (SABIC) - has reported a 162% increase in net profits to SR38.5mn ($10.3mn) in the first nine months of 1995 from SR14.7mn ($3.9mn) in the corresponding period of 1994. According to NCC's General Manager, Mr. 'Abd Allah al-Sharim, the...
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