The Board of Directors of Saudi Chemical Company, a local joint-stock company with an authorized capital of SR 632.4 million, announced that the Company achieved a net profit of SR 301 million last year in comparison to SR 201 million in the previous year, an increase of 50%. It has recommended to distribute to shareholders cash dividends amounting to SR 94.86 million for the fourth quarter of fiscal year 2009. In n a press statement issued here today, the Company said that it distributed an amount of SR 158.1 million to shareholders in the third quarter of fiscal year 2009.