Sipchem 2020 net profit falls on lower prices

Sipchem 2020 net profit falls on lower prices
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
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15.03.2021

MOSCOW (MRC) -- Sipchem's net profit fell by 41.3% year on year to Saudi riyal (SR) 175.9m last year, partly weighed by lower selling prices for most of its products, the Saudi Arabia-based producer said in a stock exchange filing, said Argaam.Sahara International Petrochemical Co. (Sipchem) reported a net profit after Zakat and tax of SAR 175.9 million in 2020, down 41% compared to a net

Full article at mrcplast.com

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