14 May 2017
(MENAFN) Saudi-based Advanced Petrochemical Co. has posted an 8 percent increase in its revenue for the Jan-March period of the year to USD140.2mn.
Moreover, this was due to the product price was more than almost 20 percent year on year, while the firm has recorded a net profit of SR124.4mn, lower than SR164mn.
However, reported operating income and bottom-line came below Al Rajihi Capital estimates on account of lower-than-predicted equity income.
On the other hand, some costs up the gross profit level could have been categorized to below gross level post migrations to IFRS.
MENAFN1405201700450000ID1095476907
MENAFN1405201700450000ID1095476907
05 Nov 2025
BBK partners with ARRAY to launch Innovation Center, hiring Bahraini software engineers to accelerate digital transformation
04 Nov 2025
On the sidelines of Gateway Gulf 2025, BBK signs landmark MoU with Binance for first-of-its-kind Crypto-as-a-service integration in the GCC
04 Nov 2025
On the sidelines of Gateway Gulf 2025, BBK partners with Panmure Liberum to enhance investment banking capabilities in the Kingdom of Bahrain and the GCC
30 Oct 2025
BBK discloses its financial results for the period ended 30th September 2025
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more