(MENAFN- Qatar News Agency) yadhApril 20 - Saudi Basic Industries Corporation (SABIC) achieved net profits amounting to SR 6.44 billion in the first quarter of the fiscal year 2014 down 1.83 % compared to the same period of the last year. In a statement issued on Sunday and relayed by SPA the Corporation pointed out that dividends per share within 3 months amounted to SR 2.15 compared to SR 2.19 for the same period of the last year. The General Assembly of Saudi Basic Industries Corporation ( SABIC) decided in its extraordinary meeting held earlier last week to distribute net profits amounting to SR 9 billion in the second quarter of the fiscal year 2013. In a statement issued last Monday and relayed by SPA the Corporation pointed out that dividends per share within 3 months amounted to SR 3 representing 30% of the nominal value per share. The Corporation noted that it distributed SR 15 billion for the year 2014 and SR 5 per share representing 50% of the nominal value per share.
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