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SR 7.27 Billion SABIC Profits in 1st Quarter
Saudi Press Agency Published in Saudi Press Agency on 17 - 04 - 2012

Saudi Basic Industries Corporation (SABIC), achieved net profits amounting to SR 7.27 billion in the first quarter, 2012, compared to SR 5.24 billion for the fourth quarter, 2011, an increase of 39%.
In a statement issued today, the Company attributed the rise of its profits to the increase in selling prices of most products and decrease in general and administrative expenditures.

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