Al Mulhim: Advanced to increase productivity and reduce costs in 2017
In an interview with CNBC Arabia, Khalifa Al Mulhim , Chairman of Advanced Petrochemical Company (Advanced) [2330.SE], said that the company is planning to reduce costs and increase productivity in 2017. He added that they will be working to improve the operational efficiency of current plants, and that he expects a better financial performance in 2017. (Argaam) Advanced: SAR41.98 as of 29 November 2016, Rating: Neutral, FV: SAR42.50 per share, MCap: USD2,203mn, APPC AB / 2330.SE
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