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Saudi giant SABIC Q4 profit down 29% on lower oil price

2015-01-18 12:36:28| Chemicals - Topix.net

Falling global oil prices dragged down the net income of Saudi petrochemical giant SABIC by 29 percent in the fourth quarter, the company said on Sunday. SABIC, the largest publicly traded firm in the Gulf, reported net profit of 4.36 billion riyals for the three months to December.

Tags: price lower oil profit

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