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Safco Q4 net profit plunges 10pcSaudi Arabian Fertilizers Company (Safco) posted a 10.3 per cent decline in fourth-quarter net profits, missing analyst forecasts, due to lower urea prices, the firm said in a bourse statement on Saturday. Safco, the affiliate of More… |
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Saudi Safco plans $888m capital boostSaudi Arabian Fertilizer Company (Safco) will raise its capital by 33.3 percent using retained earnings in order to finance expansion plans, it said in a bourse statement on Saturday. The board More… |
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Safco Q4 net profit up 25pc to $453mSaudi Arabian Fertilizers Company (Safco) reported a fourth quarter net profit of 1.27 billion riyals ($453 million) on Wednesday, a 25 percent rise over the same period of the previous year that it attributed to a rise in fertiliser prices and sa More… |
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Saudi Safco Q3 net doubles, beats forecastsSaudi Arabian Fertilizer Company's (Safco) third-quarter net profit doubled, beating analyst forecasts, after prices for its products rose globally, the company said in a bourse statement on Sunday. Safco, which produces urea and ammon More… |
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Safco Q2 profit falls 13pc; misses forecastSaudi Arabian Fertilizers Co (Safco) on Sunday said its quarterly net profit fell 13 percent, missing analysts expectations for the second straight quarter. Safco made 790 million riyals ($210.7 million) in the second quarter, compar More… |
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Safco Q1 net profit rises 19pcSaudi Arabian Fertilizers Co (Safco) reported a 19 percent rise in first-quarter net profit due to higher product selling prices it said on Tuesday. Safco made 833 million riyals ($222.1 million) in the three months to end-March, compared More… |
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Saudi Arabian Fertilizers ratings cutCredit Suisse downgraded Saudi Arabian Fertilizers Company (Safco), a leading Middle Eastern nitrogenous fertilizer producer, to "neutral" from "outperform," anticipating weak urea prices in the short term. A fall in fertilizer demand in t More… |
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Safco, Hadeed cancel steel plant planTwo affiliates of Saudi Basic Industries Corp (Sabic) have cancelled a plan to build a steel plant in Jubail Industrial City after feasibility studies were 'not encouraging.' One of the affiliates, Saudi Ar More… |
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Safco Q4 net soars on higher sale pricesSaudi Arabian Fertilizers Co (Safco) said on Sunday its net profit nearly tripled in the fourth quarter buoyed by higher prices, beating estimates. Safco made 1 billion ($266.7 million) riyals in the quarter after 376 mi More… |
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Safco to pay $1.6 dividend for H1Saudi Arabian Fertilizers Co (Safco) will pay a dividend of SR6 ($1.6) per share for the first half of 2010, the firm said on Saturday. The firm's total dividend payment amounts to SR1.5 billion ($400 million), the statement said. – More… |
