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SIPCHEM Company Registers SR 190 Million Net Profits in 1st half of year 2015
Saudi Press Agency Published in Saudi Press Agency on 27 - 07 - 2015

Saudi International Petrochemical Company (SIPCHEM) registered net profits amounting to SR 190 million, a decline by 39% in the first half of this year compared to the similar period of the previous year .
The company said in a statement today on "Tadawul" site that it achieved net profits during the second quarter amounted to SR 110 million, down by 54.99 % compared to the similar quarter of the previous year, and up by 36.6 % from the previous quarter, noting that the profit per share amounted to SR 0.52 compared to SR 0.85.
The company attributed the decline to the reduction in the selling prices of the company's products.

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