BRIEF-Sipchem Q2 Loss SAR 591.9 Million

SIPCHEM

SIPCHEM

2310.SA

0.00

July 22 (Reuters) - SAHARA INTERNATIONAL PETROCHEMICAL COMPANY SJSC 2310.SE:

  • SIPCHEM Q2 SALES SAR 860.9 MILLION

  • SIPCHEM Q2 NET PROFIT SAR -591.9 MILLION

  • SIPCHEM - QUARTER SAW INCREASE IN THE AVERAGE SELLING PRICES OF CO’S PRODUCTS

  • SIPCHEM - QUARTER SAW LOWER SALES VOLUMES DUE TO ONGOING CHALLENGES IN SUPPLY CHAINS

  • SIPCHEM - QUARTER SAW ACCUMULATION OF UNSOLD INVENTORY WHICH ADVERSELY AFFECTED TOTAL REVENUE

  • SIPCHEM - QUARTER SAW INCREASE IN SHARE OF LOSS FROM INVESTMENTS IN EQUITY ACCOUNTED INVESTEES

Source text: ID:nSSE4rxq15

Further company coverage: 2310.SE


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