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CEO of Saudi-listed BCI expects strong results for first quarter of 2022

RIYADH: Basic Chemical Industries Co. is likely to post strong results for the first quarter, following robust full-year figures in 2021, CEO, Alaa Al-Sheikh, told Argaam. Rising sales, driven by joint ventures and partnerships with Henkel and Huntsman Corp., pushed the firm’s net profit from SR31.5 million ($8.4 million) to SR34.4 million in 2021. “The company has witnessed a ....

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