Saudi Kayan announces the annual financial results 2019

Saudi Kayan announces the annual financial results 2019
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13.03.2020

MOSCOW (MRC) -- Saudi Kayan swung to a net loss in 2019 following a drop in selling prices, despite a rise in sales volumes, said Tadawul. The reason for achieving a net loss is due to the decrease in the average selling prices of the products, despite an increase in the quantities produced and sold and a decrease in the average cost of feedstock and general and administrative expenses.S

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