SATORP sees 63% higher loss in Q3 2020

SATORP sees 63% higher loss in Q3 2020
WESPECH PTE LTD
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13.11.2020

MOSCOW (MRC) -- SATORP, the parent company of Arabian Aramco Total Services Company, incurred net losses of SAR 804.4 million during the third quarter (Q3) of 2020, a year-on-year (YoY) rise of 62.8%, according to Chemweek.The surge in quarterly loss resulted from a decrease in refining and petrochemical margins, driven by market conditions, according to a bourse disclosure on Monday.Rev

Full article at mrcplast.com

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