Advanced Petrochemical Q2 net profit falls
06.08.2020
MOSCOW (MRC) -- Advanced Petrochemical's net profit fell in the second quarter amid a drop in polypropylene (PP) prices, the Saudi Arabia-based producer said, said Mubasher.The net profits of Advanced Petrochemical Company amounted to SAR 154.95 million in the second quarter (Q2) of the year, 19.43% less than SAR 192.31 million in the same quarter in the previous year.The decline in the i