ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan: There is no alternative ...
Read More »SAFCO extends earnings slump as Q2 profit halves
REUTERS Saudi Arabia Fertilizers Co (SAFCO) met analyst forecasts but extended its earnings slump, as its second-quarter net profit halved year on year as product prices remained low. SAFCO, a unit of Saudi Basic Industries Corp, made a net profit of 299 million riyals ($79.7 million) in the three months to June 30, compared with the 596 million riyals it ...
Read More »