Sadara Chemicals Q2 Losses Rise 53.7%

Saudi Aramco Chemicals announced that its quarterly losses in the second quarter of 2026 increased by 53.68% year-over-year, reaching 1.91 billion riyals compared to losses of 1.24 billion riyals in the same period in 2025. This was mainly due to a decrease in sales volume and the recording of an asset write-down provision, with revenues declining by 70% to 779 million riyals. Additionally, the company’s losses for the first half of 2026 rose by 39.38% year-over-year, reflecting a deterioration in the company's financial performance due to market weakness.

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