先进石化公司三季度利润增长

Core Insights - Advanced Petrochemical Company in Saudi Arabia reported a 56.5% year-on-year increase in net profit for Q3, reaching 72 million riyals (19.2 million USD) due to lower propane prices and increased net income [1] - The company's net income increased compared to the same period last year, driven by the commencement of operations at two polypropylene plants in its advanced polyolefins division, resulting in a 59% year-on-year increase in sales volume [1] - However, net profit decreased by 12.2% compared to the previous quarter, despite a 45.8% increase in sales revenue, attributed to a 23% and 9% year-on-year decline in propane and procured propylene prices, respectively [1] Company Performance - Advanced Petrochemical Company operates two polypropylene plants in Jubail, Saudi Arabia, with a total polypropylene production capacity of 800,000 tons per year [1] - The company's subsidiary, SK Advanced, produces propylene in Ulsan, South Korea [1]