• Register

SAFCO reports 7.8% Q2 profit drop

: Wednesday, July 16 - 2014 @ 00:10

Saudi Arabian Fertiliser Co (Safco), part of Saudi Basic Industries Corp (Sabic), has reported a 7.8% fall in second-quarter net profit, its fifth-straight decline in quarterly earnings, after higher sales failed to make up for lower prices, Reuters has reported. Safco said it made SR639m ($170.4m) in the quarter, compared with SR693m in the same period last year.

Today's Top Stories

Posted by

Wednesday, July 16- 2014 @ 0:10 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services

Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically


Search for jobs

Latest Jobs