Skip to content

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

Saudi Sipchem reports financial results for Q1

by ChemOrbis Editorial Team - content@chemorbis.com
  • 10/05/2017 (12:13)
According to a release on the company’s website, Saudi International Petrochemical Company (Sipchem) reported a net profit of SAR91.7 million ($24.4 million) in Q1 of 2017, up by 86.4% year-on-year from SAR 49.2 million ($13.1 million) and up by 187.5% quarter-on-quarter.

The company attributed the rise in its profit to the increase in net sales, which stemmed from the jump in average selling prices and the rise in sales volumes for some products.
Free Trial
Member Login