Browsing: margins

Saudi Basic Industries Corporation (SABIC), one of the world’s largest petrochemical firms, reported an 85 per cent rise in net profit for the second quarter, supported by better margins and accounting changes. For the three months ending June 30, SABIC posted a net profit of $581.04M (SAR 2.18B), surpassing analyst expectations of SAR 904.25M, according to LSEG data.

National Bank of Fujairah (NBF) has released its financial results for the three-month period ending on 31st March 2024.