Edition:
United Kingdom

Saudi Kayan Petrochemical Posts Q2 Loss


Monday, 22 Jul 2019 

July 22 (Reuters) - SAUDI KAYAN PETROCHEMICAL COMPANY <2350.SE>::Q2 NET LOSS AFTER ZAKAT AND TAX 273.1 MILLION RIYALS VERSUS PROFIT OF 878.7 MILLION RIYALS YEAR AGO.Q2 SALES 2.43 BILLION RIYALS VERSUS 3.52 BILLION RIYALS YEAR AGO.Q2 LOSS DUE TO DECREASE IN AVERAGE SELLING PRICES OF PRODUCTS AND INCREASE IN FINANCING COSTS.