Mubasher TV
Contact Us Advertising   العربية

Advanced Petrochemical earns SAR 567m in 9M

Advanced Petrochemical earns SAR 567m in 9M
Photo Archive
ADVANCED
2330
0.27% 37.40 0.10

Riyadh-Mubasher: Advanced Petrochemical Co. (APC) posted SAR 234 million in net earnings during the third quarter of 2015, up 2.3% over SAR 228.7 million at the same period of 2014.

Net profits for the nine-month period ended 30 September grew 3% year-on-year from SAR 550.8 million to SAR 567 million.

The petrochemical producer attributed the profit growth to higher sales quantities and lower feedstock prices.