FINANCIAL NEWS

Saudi petrochemical sector sees 30 percent growth in Q3

04 Nov 2013

(MENAFN) The share of the petrochemical sector in Saudi Arabia decreased 30 percent of the overall profits in the three months to September, according to Arab News.

Listed companies saw a significant growth in profits by 11 percent reaching USD7.99 billion in the third quarter compared to USD7.198 billion during the same quarter in 2012.

The share of the petrochemical sector reached 34 percent, or USD7.17 billion in profits, in the same mentioned period.

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