Saudi Basic Industries (SASE:2010), d/b/a Sabic, said Wednesday its net loss for the first half narrowed, while revenue fell year over year.
Net loss attributable to shareholders of the issuer for the six months ended June 30 was 820 million Saudi riyals, compared with 5.28 billion riyals a year ago. Loss per share moved to 0.27 riyal from 1.76 riyals.
The Saudi Arabia-listed petrochemicals manufacturer's revenue was 50.96 billion riyals, compared with 59.49 billion riyals earlier.
Gaztransport & Technigaz (GTT.PA), d/b/a GTT, said Tuesday it maintained its financial targets for full-year 2026.For the 12 months ending Dec. 31, the French liquefied gas transport and storage group expects consolidated revenue between 740 million euros and 780 million euros. In the second half of the year, it expects to generate 300 million euros of revenue.The company also affirmed expectations for revenue of 655 million euros in 2027, 603 million euros in 2028, and 295 million euros in 2029 and beyond.
Nabors Industries (NBR) reported a Q2 net loss late Tuesday of $2.04 per diluted share, compared with the loss of $2.71 a year earlier.Analysts polled by FactSet expected a loss of $1.30.Operating revenue in the three months ended June 30 fell to $814.8 million from $832.8 million a year earlier.Analysts expected $809.3 million.