Riyadh – Mubasher: The National Industrialization Company (Tasnee) said that its feedstock supplies have reached their regular levels on Thursday, 26 September.

Following attacks on Aramco’s oil facilities earlier in September, Tasnee announced that the shortage in its feedstock supply from Saudi Aramco went down to 25% approximately from 41%.

The company also noted that the curtailment did not lead to any material financial impact, according to a disclosure to the Saudi Stock Exchange (Tadawul) on Thursday.

It is worthy to pinpoint that during the second quarter of 2019, Tasnee’s net profits after zakat and tax fell by 25% to SAR 296.7 million, compared to SAR 395.8 million in Q2-18.