Sipchem conducted its Q2 2018 financial results earnings call with the financial analysts and investors
Tuesday, July 31, 2018
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Saudi international Petrochemical Company (Sipchem) announces on Wednesday, July 30, 2018 it conducted the quarterly financial results earnings call with analysts and investment institutions to discuss its second quarter financial results ending on 30 June 2018.
Sipchem CEO Mr. Ahmad Al-Ohali and VP, Corporate Finance Mr. Paul Jacobs discussed the company results and performance during the second quarter 2018 and addressed the queries of the participants.
Al-Ohali affirmed that the Sipchem has delivered a strong set of results for the 2nd Quarter 2018 of SAR 211.4 million, which can be attributed to steady increase in average selling prices of all company's products in addition to the increase in sales volumes. He added, Sipchem will continue positive momentum in many areas across the organization to achieve the maximum returns to the company investors.
This call is an affirmation of the role of Investor Relations that play a prominent role in creating effective communication with the financial community.
The presentation of the second quarter results can be found on the Investor Relations web site: https://goo.gl/LBYN9d