{"id":429378,"date":"2021-08-06T11:32:28","date_gmt":"2021-08-06T06:02:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=429378"},"modified":"2021-08-06T11:32:28","modified_gmt":"2021-08-06T06:02:28","slug":"saudi-petrochemicals-company-sabic-swings-to-2-bln-quarterly-profit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-petrochemicals-company-sabic-swings-to-2-bln-quarterly-profit\/","title":{"rendered":"Saudi petrochemicals company SABIC swings to $2 bln quarterly profit"},"content":{"rendered":"<p>Petrochemicals company Saudi Basic Industries Corp (SABIC) swung to a second-quarter profit of 7.64 billion riyals ($2 billion), boosted by higher sales volumes and prices as crude oil prices rose, it said on Thursday.<\/p>\n<p>The company, which is majority owned by Saudi Aramco , had reported a 2.22 billion riyals loss for the same period last year, when it booked impairments of 1.18 billion riyals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Petrochemicals company Saudi Basic Industries Corp (SABIC) swung to a second-quarter profit of 7.64 billion riyals ($2 billion), boosted by higher sales volumes and prices as crude oil prices rose, it said on Thursday. The company, which is majority owned by Saudi Aramco , had reported a 2.22 billion riyals loss for the same period last year, when it booked impairments of 1.18 billion riyals.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-429378","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/429378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=429378"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/429378\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=429378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=429378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=429378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}