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FINANCIAL NEWS
Saudi SAFCO registers 30 percent drop in Q4
13 Jan 2014
(MENAFN) Net profit of Saudi Arabian Fertiliser Co. (SAFCO) saw a significant drop of 30 percent in the last three months of 2013, according to Arab News.
The drop in its main products’ prices was considered as the main reason behind the drop in profits.
SAFCO recorded a USD214 million net profit during the quarter, compared to USD305 million during the same period in 2012.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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