7.2 billion Saudi petrochemical companies earnings within three months.
7.2 billion Saudi petrochemical companies earnings within three months. < The petrochemical sector recorded “» shares listed on the Saudi stock market rise in its net profits during the first quarter of this year, to 7.2 billion reais ($ 1.92 billion) in Exchange for 3.7 billion reais ($ 1.92 billion) for the first quarter of 2016, rising 95 percent, against 4.2 billion reais ($ 1.11 billion) for the previous quarter, an increase of 72 percent, came as a result of higher average selling prices of the products. And private sector shareholding company 11 was recorded during the first quarter, growth in their profits, which totaled 7.45 billion. In contrast, three companies recorded losses during the first quarter amounted to 249.5 million. Came the Saudi basic industries Corporation (SABIC) on top of the winning companies on the market and the «PC», net profit for the first quarter amounted to 5.24 billion, representing 70 percent of total corporate profits trump card, compared w...