- RIYADH: Saudi International Petroleum Co.
- (Sipchem) said its net profit during second quarter amounted to SR165.4 million compared to SR87.7 million for the same quarter last year with an increase of 88.6 percent, according to information posted on Tadawul website on Saturday.
Gross profit during second quarter amounted to SR316.5 million with an increase of 67.4 percent from same quarter last year. Operating profit during second quarter amounted to SR288 million.
Net profit during six months amounted to SR286.3 million.
Earnings per share during six months was SR0.78 compared to SR0.46 for the same period last year.

