SAFCO reports 7.8% Q2 profit drop
16/07/2014 12:10 am EDT

share with your network:

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.

About the Author

share with your network:

Share your view

© 1996-2015 Media quest FZ LLC A media and entertainment company
Middle East Main Office
[email protected]
© 2015 Dubai Business | Ameinfo . All rights Reserved.