Sabic Second-Quarter Profit Down on First Quarter, on Lower Prices and Higher Costs (Updated)

07:13 AM | July 19, 2010 | Natasha Alperowicz

Sabic's net income in the second quarter ended June 30, 2010 was SR5.02 billion ($1.34 billion), 177% up on the same period in 2009 but lower than first quarter's net income of SR5.43 billion. The...