{
Saudi Basic Industries Corporation

Companies

}
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001122334455554433221100

sabic reports profit decline as chemical industry recovery falters

Saudi Basic Industries Corp. (Sabic), the largest chemical company in Saudi Arabia, reported a profit of 1 billion riyals ($266 million) for the third quarter. This figure marks an improvement from a loss a year earlier but falls short of the 1.6 billion riyals expected by analysts and is down from the previous quarter, highlighting ongoing challenges in the industry.
Bloomberg.com
Saudi Riyal Saudi Basic Industries Corporation SAU
Finance & Economy, Market Report
07:15 04.11.2024
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