Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- UAE's second Retail Sukuk deal signed with Emirates NBD
- UAE reassures public: Gold imports are closely checked and verified
- UK annual inflation slows ahead of key budget
- NBK and AZ eWallet partnership drives fintech innovation
- Development projects worth OMR137 million underway in Dhofar Governorate
- Stocks rally as Nvidia eases AI valuation worries: Markets wrap
- Oman Vision 2040: Five years of transformational achievement across national sectors
- CBO launches official symbol for Omani Rial
- Oman emerging as global green steel hub: IEEFA
- Aamal signs MoU with Niedax Group to establish plant for production of cable management products
14/01/2016 16:26 AST
Yanbu National Petrochemicals Co. (YANSAB) posted a 36.37 percent decline in fourth-quarter net profit, it said on Thursday.
YANSAB owned by SABIC with 51% share, made a net profit of 393.1 million riyals in the three months to December 31, compared to 617.8 million riyals in the same period of 2014, it said in a bourse statement.
The decrease in net profit is attributable to lower average sales prices for all of the products, despite higher sales volume and decrease in prices of some feedstock materials.
Its net profit for 12 months of 2015 was 1.2 billion riyals, reflecting a decrease of 51.25 percent on the previous year of 2.5 billion riyals.
The decrease in net profit of year 2015 is attributable to lower production and sales volume resulted from turnaround activities during 2nd Q of 2015 as announced in Tadawul on 31st May 2015 and due to lower average sales prices for all of the products despite the decrease in price of some feedstock materials.
Yearly total operating income decreased by 45.82 percent and reached 1.5 billion riyals compared to 2.8 billion riyals of 2014.
GulfBase.com
21/07/2016
Saudi Arabia's Yanbu National Petrochemical Co. (Yansab) beat analysts' forecasts on Wednesday as its second-quarter net profit trebled due to higher production and sales. The firm, a subsidiary of
Arab News
14/04/2016
Saudi Arabia's Yanbu National Petrochemical Co (Yansab) reported a 41 per cent rise in first-quarter net profit on Wednesday, beating analysts' forecasts. The firm, a subsidiary of Saudi Basic Indus
Gulfnews
09/06/2015
Saudi Arabia's Yanbu National Petrochemical Co (Yansab) has proposed a cash dividend of 1 riyal ($0.27) per share for the first half of 2015, it said in a statement on Tuesday.
The figure is
Reuters
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MAADEN | 59.15 | -1.05 (-1.75 |
| SABIC | 56.75 | -0.65 (-1.14 |
| SABICAGRINUTRIENTS | 118.50 | -0.60 (-0.51 |
| LIMEINDUSTRIES | 12.16 | 0.11 (0.91 |
| APICO | 36.92 | -0.08 (-0.22 |
20/11/2025
The UAE Ministry of Finance signed its second agreement under the Retail Sukuk initiative, partnering now with Emirates NBD to give citizens and residents wider digital access to UAE Treasury Bonds a
Gulfnews
20/11/2025
National Bank of Kuwait announces strategic collaboration with AZ eWallet, one of the leading fintech company in Kuwait. The collaboration reflects the bank's ongoing commitment to driving innovation
Kuwait Times
20/11/2025
Aamal Company, one of Qatar's leading diversified companies, has signed a memorandum of understanding (MoU) with Germany-headquartered Niedax Group, a global leader in cable management systems, to es
Gulf Times
20/11/2025
In a landmark achievement reaffirming its digital leadership in the region, QNB, the largest financial institution in the Middle East and Africa, has been awarded the prestigious "Digital Transformat
The Peninsula
20/11/2025
Saudi Aramco, one of the world's leading integrated energy and chemicals companies, announced on Wednesday 17 Memoranda of Understanding (MoUs) and agreements with a potential total value of more tha
Asharq Al Awsat
Financial Information Co.
Saudi Arabia