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SAFCO rebrands to SABIC Agri-Nutrients Co.

SAFCO rebrands to SABIC Agri-Nutrients Co.
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SABIC AGRI-NUTRIENTS
2020.B
1.52% 133.60 2.00

Riyadh – Mubasher: The Saudi Arabian Fertilizer Company (SAFCO) has completed the procedures to effect its name change in the company’s by-law and commercial register after obtaining the approval of the extraordinary general meeting (EGM).

Hence, the company’s name on the Saudi bourse’s website will be changed to SABIC Agri-Nutrients Co., according to a stock exchange filing on Sunday.

During the January-September period of 2020, the company’s profits fell by 6.1% annually to reach SAR 1.060 billion.