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2026-11-11T13:32:40.198Z

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Sadara loses SAR 2.5bn

Sadara loses SAR 2.5bn

Sadara Chemical Company incurred net losses of SAR 2.50 billion in the third quarter of 2026, up 56.17% from the same period in 2025, while revenue fell 85% to SAR 346.45 million. The company attributed the increase in losses to lower sales following a temporary suspension of operations, as well as higher interest expenses related to debt restructuring. Its losses totaled SAR 6.03 billion in the first nine months of the year, while accumulated losses reached SAR 50.12 billion—equivalent to 140.7% of its capital.

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