Advanced profit growth of 5.3% in Q3-2019

“Advanced” profit growth of 5.3% in Q3-2019

Advanced Petrochemical Company’s “Advanced” profits increased by 5.3% to SAR213mn in Q3-2019, compared to SAR202.2mn in Q3-2018. This is due to the low prices of propane and propylene purchased from external sources. Profit for the nine-month period rose 2.5% to SAR576mn, compared to SAR553mn in the same period last year. Net profit increased by 5.3%...

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