Petchem firms Q4 profits likely to decline 4% YoY, leap 191.6% QoQ: Research firms

Argaam Report
Last Updated Date (17/01/2024)

The aggregate net profit of Saudi petrochemical companies is forecast to fall by about 4% year-on-year (YoY) to SAR 1.70 billion in Q4 2023, according to consensus estimates compiled by Argaam.

On an annual basis, forecasts were positive

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Petchem firms Q4 profits likely to decline 4% YoY, leap 191.6% QoQ: Research firms

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Petchem firms Q4 profits likely to decline 4% YoY, leap 191.6% QoQ: Research firms

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