Petrochemicals giant Saudi Basic Industries Corp (Sabic) announced that its revenue for the second quarter hit SR42.42 billion ($11.31 billion), representing a surge of 13% compared to the first quarter and a 72% increase year-over-year. Income from operations for the quarter totalled SR10.06 billion ($2.68 billion) a 45% increase quarter-over-quarter. Net income during the second quarter amounted to SR7.64 billion ($2.04 billion), an increase of 57% compared to the first ...