SAFCO reports 30% drop in quarterly income | SAFCO reports 30% drop in quarterly income -
safco

SAFCO reports 30% drop in quarterly income

: Thursday, January 16 - 2014 @ 07:23

Saudi Arabian Fertiliser Co (SAFCO), a unit of Saudi Basic Industries Corp (Sabic), has said its fourth-quarter net profit fell 30% due to falling prices worldwide for its main products, Reuters has reported. The company said it made a quarterly net profit of SR802m ($214m), compared with SR1.146bn in the same period last year.

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Thursday, January 16- 2014 @ 7:23 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.

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