2011-10-17 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: The Saudi Tadawul market ended insignificantly lower at 6,131.8 points. Sabic ended half a percent lower at SR91.75. Earlier in the day, Sabic reported an interim net income for the quarter of SR8.19bn compared to the net income of SR5.33bn for the same quarter in 2010 representing an increase of 54%, and compared to the net income for the second quarter of 2011 of SR8.10bn representing an increase of 1%. Sabic commented in a statement: "The increase in net income for the quarter and period ended September 30, 2011 compared to the same quarter and period in 2010 is attributable to the increase in production and sales volumes, improved product prices as well as lower financing charges."  

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