Saudi's SABIC Q1 revenues down 28 pct y/y, oil price "out of control"
April 19, 2015 at 03:47 AM EDT
DUBAI, April 19 (Reuters) - Revenues at Saudi Basic Industries Corp (SABIC) plunged 28 percent from a year earlier to 35.56 billion riyals ($9.48 billion), and dropped 18 percent from the previous quarter, acting chief executive Yousef Abdullah al-Benyan said on Sunday.