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Borouge, a leading UAE-based petrochemical company, has delivered robust results for the third quarter with a net profit of $282 million and a 6% jump in revenue hitting $1.5 billion despite a subdued global environment and challenging polyolefin market.
Borouge, a leading UAE-based petrochemical company, has delivered robust results for the third quarter with a net profit of $282 million and a 6% jump in revenue hitting $1.5 billion despite a subdued global environment and challenging polyolefin market.
ADX-listed petrochemicals giant says average selling prices remain under pressure
Borouge, a leading petrochemical company that specialises in innovative and distinctive polyolefin solutions, has announced an interim dividend of $650 million for the first half after its shareholders overwhelmingly voted to approve the proposal.
Borouge Plc hosted a General Assembly meeting, where shareholders voted to approve an interim dividend of $650 million (AED2.38 billion) for the first half of 2023, equivalent to 7.9 fils per share.The interim dividend will be paid to shareholders who hav