Basic Chemical Industries Company announced the completion of the power supply to the plant, as well as the completion of the supply of all equipment and all construction and engineering works, and the start of implementing an experimental operation plan for some equipment, systems and operating stages in the plant. After the electrical power is connected, the plant needs some time to complete the experimental phase before commencing commercial production. It is expected that the financial impact on the company's results will appear after the completion of experimental production and the start of commercial production, which is expected to occur during the second quarter of 2022.
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5-day change | 1st Jan Change | ||
34.05 SAR | -0.73% | -2.85% | +2.56% |
Mar. 28 | Basic Chemical Industries Company Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Mar. 25 | Basic Chemical Industries Posts Lower FY23 Net Profit; Revenue Rises | MT |
1st Jan change | Capi. | |
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+2.56% | 250M | |
-0.19% | 74.89B | |
+0.09% | 46.52B | |
-4.19% | 30.82B | |
+9.85% | 18.19B | |
-10.05% | 11.54B | |
+6.39% | 11.24B | |
-8.09% | 9.73B | |
+2.79% | 9.4B | |
+6.35% | 9.37B |
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