Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Saudi Chemical Gains Most in 6 Months After Net Rises 35 Percent

Don't Miss Out —
Follow us on:

Jan. 16 (Bloomberg) -- Saudi Chemical Co. surged the most in six months after the distributor of pharmaceuticals reported a 35 percent increase in fourth-quarter profit.

The shares soared 6.1 percent, the most since July 13, to 45.4 riyals at 11:58 a.m. in Riyadh.

Net income increased to 88 million riyals ($23 million) from 65 million riyals in the year-ago period.

To contact the reporter on this story: Zahra Hankir in Dubai at zhankir@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.