SABIC announces Q1 2011 preliminary results
Saudi Basic Industries Corporations (SABIC) Q1 2011 net income came in at US$2bn, higher than its estimate of US$1.5bn.
Saudi Basic Industries Corporations (SABIC) Q1 2011 net income came in at US$2bn, higher than its estimate of US$1.5bn.
Sahara Petrochemicals net income came in at US$26.6mn above its estimate of US$14.6mn.
Recent uprisings in the Middle East and North Africa provide an opportunity for the region to lay the foundation for a socially inclusive growth agenda.
Petrochem has reported a net loss of US$2.7mn higher than the estimated US$0.9mn in Q1 2011, according to the latest report by the Saudi bank, NCB Capital (NCBC).