Yansab sees Q3 net profit double
2011-10-12 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: Saudi Arabia's Yanbu National Petrochemicals Co (Yansab), a unit of Saudi Basic Industries Corp (Sabic), has announced its net profit has more than doubled in the third quarter, but still missed analyst expectations, Reuters has reported. Yansab made a net profit of SR827.9m ($221m) in the third quarter, down from analysts' forecasts of SR827.9m ($221m) for the period. The firm made SR365.2m in net profit in the third quarter a year earlier.  

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