BRIEF-Saudi Kayan Q2 Loss SAR 672.76 Million

SAUDI KAYAN
Tadawul All Shares Index

SAUDI KAYAN

2350.SA

0.00

Tadawul All Shares Index

TASI.SA

0.00

July 22 (Reuters) - SAUDI KAYAN PETROCHEMICAL COMPANY SJSC 2350.SE:

  • SAUDI KAYAN Q2 NET PROFIT SAR -672.76 MILLION

  • SAUDI KAYAN Q2 SALES SAR 2,008.87 MILLION

  • SAUDI KAYAN - QUARTER SAW DECREASE IN THE QUANTITIES SOLD

  • SAUDI KAYAN - QUARTER SAW INCREASE IN AVERAGE SELLING PRICES

  • SAUDI KAYAN - AS OEND - JUNE, ACCUMULATED LOSSES REACHED 47.92% OF ITS SHARE CAPITAL

  • SAUDI KAYAN - COMMITTED TO ENHANCE PRODUCTION EFFICIENCY AND LOWERING EXPENSES THROUGH ESTABLISHED PROGRAMS

  • SAUDI KAYAN - QUARTER SAW INCREASE IN AVERAGE OF CERTAIN RAW MATERIAL COSTS

  • SAUDI KAYAN - QUARTER SAW DECREASE IN SALES QUANTITY

  • SAUDI KAYAN - PRIMARY FACTORS CONTRIBUTING TO LOSS ARE DOWNTURN IN GLOBAL ECONOMY AND RISING COSTS OF CERTAIN RAW MATERIALS

  • SAUDI KAYAN - Q2 LOSS FROM OPERATIONS OF SAR -522.24 MILLION

Source text: ID:nSSE5hs7TZ

Further company coverage: 2350.SE


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