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Saudi SABIC Q4 net profit rises to $1.32bln on higher prices, sales
Petrochemicals giant Saudi Basic Industries Corporation (SABIC) on Thursday said it made 4.93 billion riyals ($1.32 billion) in net profit for the fourth quarter 2021, more than double its year-ago effort due mainly to higher selling prices and volumes. On a sequential quarter basis, the profit was 12 percent lower…
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