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FINANCIAL NEWS
Sipchem’s net profit boosted 18.9 percent in Q3
24 Oct 2013
(MENAFN) Net profit of Saudi International Petrochemical Co.(Sipchem) boosted by 18.9 percent last three months to the end of September after the rise of its sales prices, according to Arab News.
The company’s net profit reached USD49.33 million during the mentioned period, up from USD41.53 million last year.
The figures showed an unexpected growth of the company as analysts expected USD48.65 million net profit.
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