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SABIC profit forecast to drop 47% in Q1 2025, says Riyad Capital
Saudi Basic Industries Corporation’s (SABIC) net profit is expected to fall 47% year-on-year (YoY) to 130 million Saudi riyals ($34.63 million) in Q1 2025 compared to SAR 246 million in Q1 2024, Riyad Capital said in its latest earnings preview. Yanbu National Petrochemical Company (Yansab) is predicted to report a…
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