Sipchem posts 41% jump in Q2 earnings

July 16, 2014 12:10 am

Saudi International Petrochemical Co (Sipchem) has said its second-quarter net profit jumped 41%, after profit margins and sales increased, Reuters has reported. Sipchem made a profit of SR244.6m ($65.3m) in the three months to June 30, up from SR174m in the prior-year period.