Saudi Arabian Basic Industries Corporation (4 of 5)
Various photographs of King Fahd Bin Abdul Aziz
Various photographs of King Fahd Bin Abdul Aziz
Various photographs of King Fahd Bin Abdul Aziz
Saudi Arabian Basic Industries Corporation (4 of 5)

In 1992, SABIC had profits of just under SR 2 billion. In 2000, SABIC posted a net profit of SR 3.63 billion, a dramatic increase of 113% on the 1999 figure of SR 1.707 billion. SABIC also announced record sales revenues of SR 24.6 billion in 2000, a very substantial increase on the previous year’s SR 19.18 billion. In 2002, SABIC's net profit stood at SR2.8 billion, a 60% increase on 2001. Sales revenues stood at SR 34 billion in 2002, a very substantial increase on the previous year.

These figures attest to the remarkable achievements of an organization that holds a central position in the Kingdom’s program of industrial diversification.

King Fahd bin Abdul Aziz Click to view high resolution version

King Fahd bin Abdul Aziz