Report
EUR 236.14 For Business Accounts Only

Petro Rabigh swings to Q3 2015 net loss on lower margins

Petro Rabigh reported a net loss of SAR460M in Q3-2015, compared to a net profit of SAR294M in the same quarter last year, and in contrast to a profit of SAR505M in the previous quarter (Q2-2015). Thus, for the first nine months of 2015, the net profit amounted to SAR250M, marking a 71.6% decline compared to the same period last year.
Underlying
RABIGH REFINING AND PETROCHE

Provider
AlphaMena Corporate Services
AlphaMena Corporate Services

AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.

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