SABIC registers SR 6.44 billion net profits in 1st quarter

WAM RIYADH, 20th April, 2014 (WAM) — Saudi Basic Industries Corporation, SABIC, has achieved net profits amounting to SR 6.44 billion in the first quarter of the fiscal year 2014, down 1.83 % compared to the same period last year.

Saudi Press Agency, SPA, quoted SABIC in a statement issued today saying that the Corporation noted that dividends per share over the three months amounted to SR 2.15 compared to SR 2.19 for the same period last year.

WAM/Esraa/Moran