Yansab profit hits $134m in 3 months
Riyadh, July 14, 2010
Saudi-based Yanbu National Petrochemical Company (Yansab) made a net profit of SR502.4 million ($133.9 million) in its first full quarter of commercial operations.
Yansab, which made a net loss of SR6.65 million in the same quarter a year earlier, cited a higher production and sales since starting full commercial production in March, said a report in our sister publication, the Gulf Daily News. – TradeArabia News Service