Sahara Petrochemical Co. on Sunday said that maintenance operations at its subsidiary Al Waha Petrochemical's plants were completed.

Work will resume in the factory in the coming period, Sahara Petrochemicals said in a statement to the Saudi Stock Exchange (Tadawul).

The resumption’s financial impact will appear in the parent firm’s financial results for the third quarter of 2018.

Al Waha Petrochemical is 75%-owned by Saudi-listed Sahara.

Sahara Petrochemical last posted a 150% jump in net profits, reaching SAR 221.2 million during the second quarter of 2018, compared to SAR 88.6 million in the same period of 2017.

The petrochemical maker also stated that profits had levelled up 95.88% to SAR 361.4 million during H1-18, from SAR 184.5 million in the corresponding period of last year.

Sahara Petrochemical’s stock last traded down 0.47% to close Thursday at SAR 17.

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