Saudi Basic Industries Corp. reported full-year and fourth-quarter profit that missed analysts’ estimates as the average selling price for products from the Middle East’s biggest petrochemicals-maker dropped. Full-year profit rose 17 percent to 21.54 billion riyals ($5.7 billion), compared with the mean estimate of 23.67 billion riyals. Fourth-quarter profit declined 12 percent to 3.24 billion riyals compared with an estimate of 5.29 billion riyals.
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