Youssef Al-Bunyan, CEO of the Saudi Basic Industries Corporation (SABIC), said on Thursday that the company witnessed the greatest impact of the emerging corona virus (Covid 19) in the second quarter of this year .

According to Reuters, Bunyan indicated that the business conditions in the company improved during the third quarter of this year. However, he returned and warned that the expectations for the second half remain the same for the first half.

Al-Bunyan pointed to declining global economic growth, lower oil prices and weaker demand.

and said a brief statement after SABIC announced its quarterly results today and the company suffered its third quarterly loss: We noticed a slight improvement at the beginning of the third quarter, we hope this is a positive thing , But the rest of the challenges remain.

(Fun Knowledge of Knowledge)