Thursday 5 May 2016
 
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Safco

Safco Q1 net profit dips 51.5pc, misses estimates

Saudi Arabia Fertilizers Co (Safco) missed analysts' forecasts and extended its earnings slump, reporting a 51.5 per cent decline in first-quarter net profit on Sunday. Safco, a unit of Saudi Basic Industries Corp (Sabic), mad

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Safco eyes Sabic stake in JV

Saudi Arabia Fertilizers Company (Safco) is considering taking full control of chemical fertiliser producer Ibn Al-Bayttar by buying out the stake of its joint venture partner Saudi Arabia Basic Industries Corp (Sabic), Safco said.

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Safco eyes Sabic stake in JV

Saudi Arabia Fertilizers Company (Safco) is considering taking full control of chemical fertiliser producer Ibn Al-Bayttar by buying out the stake of its joint venture partner Saudi Arabia Basic Industries Corp (Sabic), Safco said.

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Saudi's Safco Q4 profit falls 51.4pc

Saudi Arabia Fertilizers Co (Safco) missed analyst forecasts, reporting a 51.4 per cent decline in fourth-quarter net profit on Thursday as average product prices fell.   Safco, a unit of Saudi Basic Industries C

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Safco, Yansab see production costs rising

Saudi Arabia Fertilizers Company (Safco) said on Wednesday that changes to energy prices announced in the Saudi government's 2016 budget would increase its production costs by 8 percent next year. The company, a unit of Saudi

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Safco, Yansab see production costs rising

Saudi Arabia Fertilizers Company (Safco) said on Wednesday that changes to energy prices announced in the Saudi government's 2016 budget would increase its production costs by 8 percent next year. The company, a unit of Saudi

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Safco Q3 net profit sinks 38pc

Saudi Arabia Fertilizers Company (Safco) blamed lower product prices and reduced sales quantities as it reported a 38 per cent drop in third-quarter net profit on Sunday that was broadly in line with analysts' forecasts. Safco

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Safco Q3 net profit sinks 38pc

Saudi Arabia Fertilizers Company (Safco) blamed lower product prices and reduced sales quantities as it reported a 38 per cent drop in third-quarter net profit on Sunday that was broadly in line with analysts' forecasts. Safco

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Safco starts commercial ops at urea plant

Saudi Arabia Fertilizers Company (Safco) began commercial operations on Tuesday at its Safco 5 urea plant, the firm said in a bourse filing. The plant was originally scheduled to start up in the third quarter of 2014. It has an an

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Safco Q2 net profit down 6.7pc, beats estimates

Safco Q2 net profit down 6.7pc DUBAI Saudi Arabia Fertilizers Company (Safco) posted a 6.7 per cent drop in its second-quarter net profit on Sunday, although the earnings still beat analysts' forecasts.

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