Sabic swings to profit, forecasts rise in 2021 volumes on improving outlook

Sabic swings to profit, forecasts rise in 2021 volumes on improving outlook
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

02.02.2021

MOSCOW (MRC) -- Sabic has reported net profit of 2.22 billion Saudi riyals (USD592 million) for the fourth quarter, swinging from a loss of SR890 million in the prior-year period, on sales that rose 4% year on year (YOY) to SR32.85 billion, reported Chemweek. The fourth-quarter net profit and revenue figures are also up sequentially 104% and 12%, respectively, on the company's third-quart

Full article at mrcplast.com

Back

news