Petrochemicals Giant SABIC’s Second-Quarter Profit Soars 85% As Revenues Touch $9.5B

This post was originally published on Forbes Middle East

Petrochemicals giant SABIC registered on Thursday an 84.7% year-on-year surge in its net profit for the second quarter, reaching $581 million (SAR 2.18 billion), thanks to enhanced margins on key products, despite a rise in operating expenses.

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