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FINANCIAL NEWS
Saudi Sipchem suffers 55% net loss in Q2
28 Jul 2015
(MENAFN) Saudi International Petrochemical Co. (Sipchem), records 55 percent profit loss in the second quarter, Arab News reported.
According to a report, the International Petrochemical net loss is attributed to plant closures and reduced product sales prices.
Sipchem earned a profit of USD29.4 million in the second quarter, falling from USD65.2 million in the same quarter in the previous year.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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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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