Sabic Posts Lowest Quarterly Profit in 10 Years

Sabic Posts Lowest Quarterly Profit in 10 Years

Assessment

Interactive Video

Business

University

Hard

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The video discusses SABIC's financial performance, highlighting analysts' aggressive cuts in estimates compared to peers in emerging markets. It covers the impact of a significant impairment from a European deal on third-quarter earnings. The discussion includes a comparison of SABIC's performance with other emerging market peers, noting a faster deterioration in SABIC's scenario. Despite a challenging global economic outlook, the video emphasizes the widening gap between SABIC and its peers.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the gap between emerging markets and SABIC indicate about the company's performance?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the overall economic outlook mentioned in relation to global growth?

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