Saudi Arabian Sipchem 2018 net profit surges on higher selling prices

Saudi Arabian Sipchem 2018 net profit surges on higher selling prices
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14.02.2019

MOSCOW (MRC) -- Saudi International Petrochemical (Sipchem) on Wednesday reported a 75.67% year-on-year decline for the fourth quarter of 2018, recording SAR 40 million from SAR 164 million, as per English.mubasher. On the other hand, Sipchem reported a net profit of SAR 583 million for fiscal year 2018, 33.3% up from SAR 437 million in 2017, according to a statement to the Saudi Stock Ex

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