Skip to content

Filter Options
Text :
Search Criteria :
Territory/Country :
Product Group/Product :
News Type :
My Favorites:
 

Saudi Arabia’s PetroRabigh triples net profit in Q2

by ChemOrbis Editorial Team - content@chemorbis.com
  • 27/07/2015 (11:18)
According to media reports, Saudi Arabia’s PetroRabigh announced that their net profit almost tripled on a yearly basis for the second quarter. The company’s net profit jumped to SAR504.9 million ($134.64 million) during the March-June period, compared with a net profit of SAR172 million ($45.86 million) in the same period of 2014.

The jump in the company’s net profit was attributed to improved margins for some of its products.

PetroRabigh is a joint venture between Saudi Aramco and Japan’s Sumitomo Chemical.
Free Trial