News Column

Sabic's Q2 profit up 7%, matches views

July 21, 2014



Saudi Basic Industries Corp, or Sabic, reported a seven per cent rise in second-quarter net income on Sunday, matching analysts' forecasts.



It earned SR6.46 billion ($1.72 billion), compared to SR6.04 billion in the year-earlier period, it said in a bourse statement. This was in line with the average forecast of analysts polled by Reuters.


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Khaleej Times (United Arab Emirates)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters