Riyadh – Mubasher: Saudi Arabia Basic Industries Corporation’s (SABIC) Acting CEO, Yousef Abdullah Al-Benyan, said Saturday that the company’s outlook for the second quarter of fiscal 2016 is positive in terms of operations.
In an interview with Alriyadh Newspaper, Al-Benyan expected the metals unit’s performance to be improved in Q2, and forecasted a positive stability in the fertilizers unit.
Al-Benyan added that the restructuring plan by SABIC led to a positive outlook in the sales unit, expecting it results to appear by the end of the year, asserting that the company Is seeking new investment opportunities in China and the United States.
