Saudi Arabian Fertilizer Co (Safco) posted a fifth-straight decline in quarterly earnings on Sunday, missing analyst estimates with a 7.8 percent fall in second-quarter net profit after higher sales failed to make up for lower prices.
Saudi Arabia Fertilizers Company reported a 9.6 percent drop in first-quarter net profit on Sunday, as prices for its products fell, but the earnings still beat analyst estimates.
The company, a unit of Saudi Basic Industries Corp
The board of Saudi Arabia Fertilizers Co (Safco) has recommended the firm pay a cash dividend of six riyals ($1.60) per share for the second half of 2013, a bourse filing said on Tuesday.
This is in line with the dividend paid for
Saudi Arabian Fertilizer Co (Safco) said on Monday that its third-quarter net profit fell 36 per cent on lower sale prices, in line with analysts' average forecasts.
The company, a unit of Saudi Basic Industries Corp (Sabic) ,
Yanbu National Petrochemical Co (Yansab) said on Sunday its second-quarter net profit grew 3.2 percent on an annual basis to 671 million riyals ($179 million) due to lower financial charges, despite a fall in its sales.
Saudi 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
Saudi 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
Saudi 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
Saudi 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