Sahara
2260
1.16%
17.46
0.20
2260
Riyadh – Mubasher: Sahara Petrochemicals Co. (SPCO) posted a 93% drop in net profit for the second quarter of 2015 to SAR 11.4 million, down from SAR 185 million in the same period a year earlier.
Meanwhile, H1-15 financial results showed SAR 38.1 million net loss, against SAR 284.9 million net profit in H1-15.
The company attributed the profit fall to a decrease in sales and product prices.
Source:
Mubasher