Regional News

Sabic Q2 revenue up by 3pc

Sabic, a global chemical leader, reported an increase in adjusted net income for Q2 2025, from SAR 0.1 billion ($26 million) to SAR 0.5 billion, an increase of SAR 555 million compared to the previous quarter.

The company’s revenue increased by 3 per cent to SAR 35.6 billion, and total sales volume rose by 3 per cent to 11,779 thousand metric tons.

Abdulrahman Al-Fageeh, Sabic CEO, praised the company’s EHSS performance, achieving a HSE rate of 0.07 in Q1 2025, the lowest among petrochemical peers globally.

The Board of Directors approved a distribution of SAR 4.5 billion in dividends for Q1 2025, demonstrating Sabic’s commitment to maximise shareholder value and ROA.