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Sipchem Q3 Loss 401.6 Million Riyals

By Reuters News

Nov 5 (Reuters) - SAHARA INTERNATIONAL PETROCHEMICAL COMPANY 2310.SE:

  • SIPCHEM Q3 NET LOSS 401.6 MILLION RIYALS

  • SIPCHEM Q3 SALES 1,435.1 MILLION RIYALS

  • SIPCHEM - LOOKING AHEAD, =COMPANY’S PERFORMANCE WILL REMAIN CLOSELY LINKED TO DEVELOPMENTS IN THE REGION

  • SIPCHEM: QUARTER SAW HIGHER AVERAGE SELLING PRICES

  • SIPCHEM - WILL CONTINUE TO MONITOR GEOPOLITICAL ENVIRONMENT AND ITS EFFECTS ON SUPPLY CHAINS

  • SIPCHEM: QUARTER SAW LOWER SALES VOLUMES

  • SIPCHEM: QUARTER SAW ONGOING SUPPLY CHAIN CHALLENGES

  • SIPCHEM - WILL CONTINUE TO MONITOR GEOPOLITICAL ENVIRONMENT AND ITS EFFECTS ON FEEDSTOCK AVAILABILITY AND PRODUCT PRICES

  • SIPCHEM: QUARTER SAW INCREASE IN FEEDSTOCK PRICES

  • SIPCHEM - CONDITIONS DURING QUARTER CONTINUED TO BE SHAPED BY ONGOING SUPPLY CHAIN CHALLENGES IN THE STRAIT OF HORMUZ AND BAB AL-MANDAB

  • SIPCHEM - SUPPLY CHAIN CHALLENGES AFFECTED SUPPLY CHAINS ACROSS THE REGION

  • SIPCHEM: WILL SELL REMAINING INVENTORY AS SUPPLY CHAIN DISRUPTIONS EASE, WHILE KEEPING NORMAL OPERATING RATES

Further company coverage: 2310.SE

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