SABIC Gains SR18.3 Billion in 9 Months of 2018

Riyadh, Saudi Basic Industries Corporation (SABIC) gained a net profit of SR 18.3 billion within the first nine months of 2018 compared to SAR 14.73 billion in the same period last year with an increase of 24.236%.

SABIC's total profit reached SAR 44.95 billion for the nine months of 2018 compared to SAR 37.44 billion in the same period of 2017 with an increase of 20.058%.

The profits were announced before a press conference held by SABIC's Vice President and CHIEF Executive Officer Yousuf bin Abdullah AlBunyan yesterday at SABIC's headquarters in Riyadh.

Source: Saudi Press Agency