The company reported revenues of Dhs144m for the year ended December 31, 2020, 71 per cent lower than Dhs491m in 2019
The decline was attributed to a substantial increase in impairment provisions and lower operating profit
SABIC generated second-quarter sales of SAR24.62bn, down 29 per cent from the previous year
Renault shares have fallen 47 per cent this year
© 2021 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.