Sadara Basic Chemicals Company, owned by Sadara Chemicals Company, [2315.SE], has announced its 3Q16 financial results, showing a net loss of SAR1,406.4mn compared to a net loss of SAR735.2mn in 3Q15 and a net loss of SAR1,513mn in 2Q16. Gross loss came in at SAR256mn compared to a gross loss of SAR145mn in 2Q16. Operational loss reached SAR1,213.5mn compared to operational losses of SAR640.9mn in 3Q15, and SAR1,281.2mn in 2Q16. Revenues for 3Q16 were reported at SAR152.19mn. (Tadawul)
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