Saudi's Yansab trims dividend for H1 2015 to 1 riyal/share

09/06/2015 18:52 AST

Saudi Arabia's Yanbu National Petrochemical Co (Yansab) has proposed a cash dividend of 1 riyal ($0.27) per share for the first half of 2015, it said in a statement on Tuesday.

The figure is a decrease on the 1.5 riyals per share which the company paid out for the corresponding period of last year, according to Thomson Reuters data. ($1 = 3.7503 riyals)


Reuters

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Saudi Arabia's Yanbu National Petrochemical Co. (Yansab) beat analysts' forecasts on Wednesday as its second-quarter net profit trebled due to higher production and sales. The firm, a subsidiary of

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YANSAB Q4 net profit declined by 36 percent

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Yanbu National Petrochemicals Co. (YANSAB) posted a 36.37 percent decline in fourth-quarter net profit, it said on Thursday.

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