Financial Results : SABIC AN Q1 2026 profit rises 25% to SAR 1.23B

SABIC AN Q1 2026 profit rises 25% to SAR 1.23B

23/04/2026 Argaam Exclusive

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SABIC Agri-Nutrients Co. reported a 25% increase in net profit to SAR 1.23 billion in the first quarter of 2026, compared with SAR 985 million a year earlier.



Current Quarter Comparison (M)

Compared With The
Item Q1 2025 Q1 2026 Change‬
Revenues 3,074.00 2,874.00 (6.5 %)
Gross Income 1,165.00 1,369.00 17.5 %
Operating Income 857.00 1,168.00 36.3 %
Net Income 985.00 1,227.00 24.6 %
Average Shares 476.04 476.04 -
Earnings Per Share before unusual items (Riyal) 2.07 2.58 24.6 %
EPS (Riyal) 2.07 2.58 24.6 %

The company attributed the rise to higher average selling prices for most products, partly offset by lower revenue due to a decline in sales volumes, as well as reduced contributions from an associate and a joint venture.

 

On a quarterly basis, net profit rose 24.2% from SAR 987.9 million in Q4 2025.

 

Shareholders’ equity, excluding minority interest, rose to SAR 20.83 billion at the end of the period, compared with SAR 19.29 billion a year earlier.

 

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