Home / Knowledge / News / Textiles / Sahara Petrochemical posts consolidated financial results for 2007

Sahara Petrochemical posts consolidated financial results for 2007

26
Mar '08
Sahara Petrochemical Company announces its audited consolidated financial results for the year ended December 31, 2007. Declares Sahara Petrochemical Company on the audited consolidated financial results for the year ended December 31, 2007 for achieving net loss of $ 5.1 million compared with a profit of $ SR 164.8 million riyals for the same period last year, while the loss arrow 0.03 riyals for the fiscal year 2007 compared to 0.88 rials for the year in 2006.

It is noteworthy cause losses during in 2007 due to the absence of a source of operating income so far, and the consumption of liquidity available in the existing projects which are still under construction, as approved schedules.

It is worth mentioning that there is no operating profits so far with the company since its projects are still under construction.

SAHARA Petrochemicals Company


Interviews View All

Manuj Terapanthi, Texaura

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Amardeep Singh, Orient Craft

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Top executives, Textile industry, India

Top executives
Textile industry, India

The event should be organised every year

Vasudevan LK,

Vasudevan LK

Epson is a world leader in digital imaging and printing solutions....

Shyam Gupta & Ravi Gupta,

Shyam Gupta & Ravi Gupta

Based out of South Delhi, Gargee Designer's provides bespoke formal and...

Henk-Jan Rohaan,

Henk-Jan Rohaan

The custom-built machineries of Brugman Holland are known for reliability, ...

Marten Alkhagen, Swerea IVF AB

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Varsha Wadhwa, VW

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search