Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Advanced Petrochem Heads to 7-Month Low as Net Falls

Advanced Petrochemicals Co. headed for the lowest close in more than seven months after the Saudi manufacturer of polypropylene products reported a 65 percent drop in second-quarter profit as sales declined.

The shares tumbled 2 percent to 22.50 riyals, the lowest level since November 27 last year, at 12:37 p.m. in Riyadh. The benchmark Tadawul All Share Index fell 0.2 percent.

Net income fell to 53.9 million riyals from 155.6 million riyals, according to a statement to the Saudi bourse today. The median estimate of six analysts was for a profit of 59.5 million riyals, according to data compiled by Bloomberg.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.