16 January 2012 03:38 [Source: ICIS news]
Compared to the third quarter results, however, Yansab’s earnings in the three months to December last year shrank by a fifth despite higher sales, as product prices fell, the company said in a statement issued to the Saudi Stock Exchange late on Sunday.
The company’s operating profit for the December quarter 2011 grew 9% year on year to SR734.2m, it said.
For the whole of 2011, Yansab said it had a 90% surge in net profit to SR3.17bn, with operating profit rising 77% to SR 3.62bn.($1 = SR3.75)
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