Riyadh – Mubasher: Sadara Chemical Company’s net losses for the third-quarter (Q3) of 2020 fell by 65.5% yearly to SAR 513,705.
The decline in Q3-20 losses was driven by a growth in sales and a rise in average selling prices for products, according to a bourse filing on Wednesday.
Revenue for the July-September period of 2020 amounted to SAR 2.8 million, an annual rise of 15.2%.
During the period from January to September of the year, the losses were down by 17.6% on an annual basis to SAR 3.2 million.
