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Sabic publishes final positive Q2 financial report

July 20/2010

(Sabic) -- Sabic has reported encouraging Q2 figures Ц net profit almost tripled from the same period last year, rising to $1.3bn as a result of higher sales and increased production.


The increase in the net income for the quarter ended June 30, 2010 compared with the same quarter in 2009 is attributable to the increased production and sales volumes with the new capacity coming on-stream at Sharq, Yahsab and the joint-venture with Sinopec in China.

Sabic publishes final positive Q2 financial report

MRC Reference

Sabic. The share in the Russian market in 2008:
 PE Ц 0.2%;
 PP - 0.4%;
 PS Ц 0.2%.

Annual sales growth in Russia over the last 5 years:
 PE - 33%;
 PP Ц 62%.


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