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YANSAB Announces Interim Financial Results For 2011 Riyadh 2
Published in Saudi Press Agency on 23 - 01 - 2012

Realized total profit of SR 3,793.08 million for the 12 months period (of 2011) compared to SR 2,169.57 million for the same period the previous year (of 2010), an increase of 75 percent.
- Realized operating profit of SR 3,617.68 million for the 12 months period compared to SR 2,046.49 million for the same period the previous year, an increase of 77 percent.
- The increase in profits for 4Q2011 compared to the same quarter the previous year is due to increase in production and sales quantities.
Yanbu National Petrochemical Company (Yansab) is a Saudi Joint Stock Company.
The objectives of Yansab are to engage in manufacturing of petrochemical products (Ethylene, Ethylene Glycol, High Density Polyethylene, Low Linear Density Polyethylene, Polypropylene, Butene 1, Butene 2, MTBE and BTX) in accordance with its Articles of Association, and other applicable regulations in the Kingdom. The Company commenced its Commercial operations in 2010.


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