16 Hrs
معلومات مباشر
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معلومات مباشر

2026-11-12T14:06:04.974Z

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Petrochemical Profit Drop

Petrochemical Profit Drop

Profits at 10 petrochemical companies listed on the Saudi market fell 24.13% in the third quarter of 2026 to SAR 367.35 million, compared with SAR 484.17 million in the same period of 2025, while five companies recorded losses. Results across the SABIC group were mixed: Saudi Basic Industries Corporation’s net profit rose 15% to SAR 499 million, while SABIC Agri-Nutrients’ profit fell 62.48% to SAR 484 million. Yansab’s profit surged 219.81% to SAR 237.3 million. In the first nine months of 2026, the companies’ combined losses narrowed 57.11% to SAR 1.41 billion.

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