Riyadh-Mubasher: Yanbu National Petrochemical Co (Yansab) recorded SAR 285 million in net profits during the first quarter of 2015, dropping 48.7% year-on-year from SAR555.7  million and 53.85% quarter-on-quarter from SAR 617.8 million.

The net profit decrease was due to lower average sale prices for all products despite lower price of some feedstock materials and higher sales volume, Yansab said.