SABIC swings to net loss of SAR 1.21B in Q1 2025

04/05/2025 Argaam Exclusive

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Saudi Basic Industries Corp. (SABIC) incurred a net loss of SAR 1.21 billion in Q1 2025 versus a net profit of SAR 246.2 million in Q1 2024.

Current Quarter Comparison (M)

Compared With The

Item	Q1 2024	Q1 2025	Change‬
Revenues	32,685.82	34,594.25	5.8 %
Gross Income	5,862.36	4,808.72	(18.0 %)
Operating Income	1,132.74	(51.51)	(104.5 %)
Net Income	246.22	(1210.80)	(591.7 %)
Average Shares	3,000.00	3,000.00	-
Earnings Per Share before unusual items (Riyal)	0.20	(0.05)	(123.2 %)
EPS (Riyal)	0.08	(0.40)	(591.7 %)

Item	Q4 2024	Q1 2025	Change‬
Revenues	34,695.93	34,594.25	(0.3 %)
Gross Income	5,567.89	4,808.72	(13.6 %)
Operating Income	13.17	(51.51)	(491.1 %)
Net Income	(1894.83)	(1210.80)	36.1 %
Average Shares	3,000.00	3,000.00	-
Earnings Per Share before unusual items (Riyal)	(0.22)	(0.05)	78.7 %
EPS (Riyal)	(0.63)	(0.40)	36.1 %

Losses were driven by a SAR 1.05 billion drop in gross profit on higher feedstock prices. In addition, other operating expenses increased mainly due to a non-recurring cost of SAR 1.07 billion related to a strategic restructuring initiative.

On the positive note, revenue increased by 6% year-on-year (YoY) to SAR 34.59 billion, primarily on higher sales volumes, but partially offset by lower average selling prices.

On a sequential basis, net loss shrank from SAR 1.89 billion in Q4 2024.

Total shareholders’ equity, after minority interest, stood at SAR 156.11 billion as of March 31, 2025, compared to SAR 166.48 billion a year earlier.

Attached Documents:

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Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS(Riyal)
Q1 2016	2,909.90	(26.0 %)	0.97	-	2,909.90	0.97
Q2 2016	4,958.84	(19.6 %)	1.65	(365.81)	5,324.64	1.77
Q3 2016	5,230.26	(6.7 %)	1.74	-	5,230.26	1.74
Q4 2016	4,514.62	46.8 %	1.50	(339.56)	4,854.17	1.62
2016	17,613.61	(6.2 %)	5.87	(705.36)	18,318.97	6.11
Q1 2017	5,234.52	79.9 %	1.74	-	5,234.52	1.74
Q2 2017	3,705.70	(25.3 %)	1.24	(278.00)	3,983.70	1.33
Q3 2017	5,787.55	10.7 %	1.93	-	5,787.55	1.93
Q4 2017	3,704.09	(18.0 %)	1.23	(486.00)	4,188.47	1.40
2017	18,431.85	4.6 %	6.14	(764.00)	19,195.85	6.40
Q1 2018	5,508.08	5.2 %	1.84	(1380.00)	6,888.08	2.30
Q2 2018	6,695.32	80.7 %	2.23	-	6,695.32	2.23
Q3 2018	6,097.89	5.4 %	2.03	-	6,097.89	2.03
Q4 2018	3,219.39	(13.1 %)	1.07	-	3,219.39	1.07
2018	21,520.68	16.8 %	7.17	(1380.00)	22,900.68	7.63
Q1 2019	3,322.59	(39.7 %)	1.11	-	3,322.59	1.11
Q2 2019	2,029.98	(69.7 %)	0.68	-	2,029.98	0.68
Q3 2019	737.04	(87.9 %)	0.25	(1510.00)	2,247.04	0.75
Q4 2019	(891.49)	(127.7 %)	(0.30)	(1300.00)	408.51	0.14
2019	5,198.11	(75.8 %)	1.73	(2810.00)	8,008.11	2.67
Q1 2020	(1045.94)	(131.5 %)	(0.35)	(1069.00)	23.06	0.01
Q2 2020	(2223.98)	(209.6 %)	(0.74)	(1180.00)	(1043.98)	(0.35)
Q3 2020	1,088.53	47.7 %	0.36	683.00	405.53	0.14
Q4 2020	2,248.22	352.2 %	0.75	300.00	1,948.22	0.65
2020	66.83	(98.7 %)	0.02	(1266.00)	1,332.83	0.44
Q1 2021	4,862.37	564.9 %	1.62	-	4,862.37	1.62
Q2 2021	7,643.17	443.7 %	2.55	-	7,643.17	2.55
Q3 2021	5,594.64	414.0 %	1.86	-	5,594.64	1.86
Q4 2021	4,973.69	121.2 %	1.66	(760.00)	5,733.69	1.91
2021	23,066.00	34417.0 %	7.69	(760.00)	23,826.00	7.94
Q1 2022	6,474.95	33.2 %	2.16	(384.00)	6,858.95	2.29
Q2 2022	7,926.15	3.7 %	2.64	-	7,926.15	2.64
Q3 2022	1,835.92	(67.2 %)	0.61	(515.00)	2,350.92	0.78
Q4 2022	292.70	(94.1 %)	0.10	252.96	39.74	0.01
2022	16,529.72	(28.3 %)	5.51	(646.04)	17,175.77	5.73
Q1 2023	656.91	(89.9 %)	0.22	-	656.91	0.22
Q2 2023	1,178.42	(85.1 %)	0.39	-	1,178.42	0.39
Q3 2023	(2876.36)	(256.7 %)	(0.96)	(3186.04)	309.68	0.10
Q4 2023	(1731.25)	(691.5 %)	(0.58)	(1906.87)	175.62	0.06
2023	(2772.28)	(116.8 %)	(0.92)	(5092.92)	2,320.63	0.77
Q1 2024	246.22	(62.5 %)	0.08	(365.59)	611.81	0.20
Q2 2024	2,183.53	85.3 %	0.73	183.86	1,999.67	0.67
Q3 2024	1,003.62	134.9 %	0.33	10.23	993.40	0.33
Q4 2024	(1894.83)	(9.4 %)	(0.63)	(1228.46)	(666.37)	(0.22)
2024	1,538.54	155.5 %	0.51	(1399.97)	2,938.51	0.98
Q1 2025	(1210.80)	(591.7 %)	(0.40)	(1069.00)	(141.80)	(0.05)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS(Riyal)
2015	18,768.69	(19.6 %)	6.26	(375.21)	19,143.90	6.38
2016	17,613.61	(6.2 %)	5.87	(705.36)	18,318.97	6.11
2017	18,431.85	4.6 %	6.14	(764.00)	19,195.85	6.40
2018	21,520.68	16.8 %	7.17	(1380.00)	22,900.68	7.63
2019	5,198.11	(75.8 %)	1.73	(2810.00)	8,008.11	2.67
2020	66.83	(98.7 %)	0.02	(1266.00)	1,332.83	0.44
2021	23,066.00	34417.0 %	7.69	(760.00)	23,826.00	7.94
2022	16,529.72	(28.3 %)	5.51	(646.04)	17,175.77	5.73
2023	(2772.28)	(116.8 %)	(0.92)	(5092.92)	2,320.63	0.77
2024	1,538.54	155.5 %	0.51	(1399.97)	2,938.51	0.98

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2016	33,467.91	(3.2 %)	10,107.66	7.4 %	4,665.26	(23.8 %)
Q2 2016	36,258.34	(13.9 %)	12,895.61	1.4 %	7,411.32	(21.0 %)
Q3 2016	35,797.36	(4.2 %)	13,221.21	11.8 %	7,855.53	(8.4 %)
Q4 2016	37,475.21	9.7 %	11,089.73	22.2 %	6,163.93	20.0 %
2016	142,998.83	(3.4 %)	47,239.69	9.8 %	25,870.10	(11.7 %)
Q1 2017	36,320.80	8.5 %	13,534.02	33.9 %	8,336.38	78.7 %
Q2 2017	34,438.19	(5.0 %)	10,345.55	(19.8 %)	5,584.92	(24.6 %)
Q3 2017	38,678.75	8.0 %	13,587.03	2.8 %	8,502.77	8.2 %
Q4 2017	40,328.24	7.6 %	12,472.69	12.5 %	6,574.32	6.7 %
2017	149,765.97	4.7 %	49,907.73	5.6 %	29,000.00	12.1 %
Q1 2018	41,861.60	15.3 %	14,531.51	7.4 %	10,325.83	23.9 %
Q2 2018	43,284.60	25.7 %	16,100.12	55.6 %	10,829.83	93.9 %
Q3 2018	43,711.93	13.0 %	15,126.31	11.3 %	9,955.59	17.1 %
Q4 2018	40,270.21	(0.1 %)	12,195.24	(2.2 %)	5,169.11	(21.4 %)
2018	169,128.34	12.9 %	57,841.32	15.9 %	36,280.37	25.1 %
Q1 2019	36,010.40	(14.0 %)	9,406.12	(35.3 %)	4,528.64	(56.1 %)
Q2 2019	34,899.15	(19.4 %)	8,542.92	(46.9 %)	3,617.27	(66.6 %)
Q3 2019	32,809.63	(24.9 %)	7,978.34	(47.3 %)	3,282.45	(67.0 %)
Q4 2019	31,676.83	(21.3 %)	3,477.34	(71.5 %)	(1639.25)	(131.7 %)
2019	135,396.00	(19.9 %)	29,404.72	(49.2 %)	9,789.11	(73.0 %)
Q1 2020	30,193.15	(16.2 %)	5,420.00	(42.4 %)	445.65	(90.2 %)
Q2 2020	24,619.43	(29.5 %)	3,587.99	(58.0 %)	(1291.91)	(135.7 %)
Q3 2020	29,295.07	(10.7 %)	6,519.82	(18.3 %)	1,840.41	(43.9 %)
Q4 2020	32,841.64	3.7 %	7,959.13	128.9 %	3,113.82	290.0 %
2020	116,949.29	(13.6 %)	23,181.16	(21.2 %)	4,107.96	(58.0 %)
Q1 2021	37,530.68	24.3 %	11,086.06	104.5 %	6,540.09	1367.5 %
Q2 2021	42,419.19	72.3 %	13,652.60	280.5 %	8,816.78	782.5 %
Q3 2021	43,697.92	49.2 %	12,294.30	88.6 %	6,933.07	276.7 %
Q4 2021	51,235.34	56.0 %	13,085.34	64.4 %	7,685.34	146.8 %
2021	174,883.13	49.5 %	47,877.13	106.5 %	29,967.41	629.5 %
Q1 2022	52,641.59	40.3 %	13,476.89	21.6 %	8,586.28	31.3 %
Q2 2022	55,976.30	32.0 %	15,093.17	10.6 %	9,110.99	3.3 %
Q3 2022	43,316.20	(0.9 %)	8,182.04	(33.4 %)	2,849.93	(58.9 %)
Q4 2022	39,535.78	(22.8 %)	5,707.14	(56.4 %)	193.99	(97.5 %)
2022	183,076.59	4.7 %	41,321.74	(13.7 %)	20,025.27	(33.2 %)
Q1 2023	36,432.36	(30.8 %)	5,845.25	(56.6 %)	1,196.84	(86.1 %)
Q2 2023	34,097.38	(39.1 %)	5,437.06	(64.0 %)	993.24	(89.1 %)
Q3 2023	35,975.30	(16.9 %)	6,658.29	(18.6 %)	2,038.39	(28.5 %)
Q4 2023	35,032.14	(11.4 %)	5,968.57	4.6 %	726.62	274.6 %
2023	141,537.19	(22.7 %)	23,720.08	(42.6 %)	4,955.09	(75.3 %)
Q1 2024	32,685.82	(10.3 %)	5,862.36	0.3 %	1,132.74	(5.4 %)
Q2 2024	35,718.60	4.8 %	7,193.82	32.3 %	2,252.77	126.8 %
Q3 2024	36,880.15	2.5 %	6,999.70	5.1 %	1,835.97	(9.9 %)
Q4 2024	34,695.93	(1.0 %)	5,567.89	(6.7 %)	13.17	(98.2 %)
2024	139,980.50	(1.1 %)	25,623.77	8.0 %	5,234.65	5.6 %
Q1 2025	34,594.25	5.8 %	4,808.72	(18.0 %)	(51.51)	(104.5 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2015	148,085.74	(21.6 %)	43,027.76	(16.4 %)	29,299.94	(22.3 %)
2016	142,998.83	(3.4 %)	47,239.69	9.8 %	25,870.10	(11.7 %)
2017	149,765.97	4.7 %	49,907.73	5.6 %	29,000.00	12.1 %
2018	169,128.34	12.9 %	57,841.32	15.9 %	36,280.37	25.1 %
2019	135,396.00	(19.9 %)	29,404.72	(49.2 %)	9,789.11	(73.0 %)
2020	116,949.29	(13.6 %)	23,181.16	(21.2 %)	4,107.96	(58.0 %)
2021	174,883.13	49.5 %	47,877.13	106.5 %	29,967.41	629.5 %
2022	183,076.59	4.7 %	41,321.74	(13.7 %)	20,025.27	(33.2 %)
2023	141,537.19	(22.7 %)	23,720.08	(42.6 %)	4,955.09	(75.3 %)
2024	139,980.50	(1.1 %)	25,623.77	8.0 %	5,234.65	5.6 %

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2016	29.74 %	29.60 %	12.33 %
Q2 2016	31.09 %	29.52 %	12.24 %
Q3 2016	32.43 %	29.34 %	12.11 %
Q4 2016	33.09 %	28.53 %	12.81 %
2016	33.04 %	28.37 %	12.81 %
Q1 2017	34.79 %	30.33 %	14.15 %
Q2 2017	33.46 %	29.82 %	13.40 %
Q3 2017	33.05 %	29.93 %	13.52 %
Q4 2017	33.34 %	29.28 %	12.82 %
2017	33.32 %	29.28 %	12.82 %
Q1 2018	32.80 %	29.66 %	13.42 %
Q2 2018	34.54 %	30.95 %	14.35 %
Q3 2018	34.42 %	31.02 %	14.11 %
Q4 2018	34.27 %	30.40 %	13.54 %
2018	34.20 %	30.40 %	13.54 %
Q1 2019	32.35 %	28.15 %	11.84 %
Q2 2019	29.23 %	24.59 %	9.47 %
Q3 2019	26.48 %	21.57 %	7.51 %
Q4 2019	21.72 %	17.97 %	5.91 %
2019	21.72 %	17.97 %	5.91 %
Q1 2020	19.62 %	15.94 %	3.63 %
Q2 2020	17.15 %	14.65 %	1.37 %
Q3 2020	16.41 %	13.61 %	(0.18 %)
Q4 2020	20.08 %	15.66 %	1.14 %
2020	19.82 %	15.66 %	1.14 %
Q1 2021	23.46 %	18.83 %	4.97 %
Q2 2021	27.60 %	22.75 %	10.46 %
Q3 2021	28.75 %	23.87 %	12.81 %
Q4 2021	28.66 %	25.18 %	13.63 %
2021	27.38 %	25.18 %	13.62 %
Q1 2022	27.64 %	24.29 %	13.60 %
Q2 2022	26.50 %	22.78 %	12.83 %
Q3 2022	24.53 %	20.82 %	11.26 %
Q4 2022	22.18 %	18.23 %	8.97 %
2022	22.57 %	18.67 %	9.38 %
Q1 2023	19.87 %	15.72 %	6.26 %
Q2 2023	16.41 %	12.81 %	2.76 %
Q3 2023	16.19 %	13.38 %	1.50 %
Q4 2023	16.89 %	13.54 %	1.64 %
2023	16.76 %	13.54 %	1.64 %
Q1 2024	17.36 %	13.71 %	1.65 %
Q2 2024	18.42 %	14.39 %	2.22 %
Q3 2024	18.55 %	13.43 %	2.69 %
Q4 2024	18.31 %	13.03 %	2.10 %
2024	18.31 %	13.03 %	2.10 %
Q1 2025	17.32 %	12.01 %	1.54 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2015	29.06 %	30.40 %	12.93 %
2016	33.04 %	28.37 %	12.81 %
2017	33.32 %	29.28 %	12.82 %
2018	34.20 %	30.40 %	13.54 %
2019	21.72 %	17.97 %	5.91 %
2020	19.82 %	15.66 %	1.14 %
2021	27.38 %	25.18 %	13.62 %
2022	22.57 %	18.67 %	9.38 %
2023	16.76 %	13.54 %	1.64 %
2024	18.31 %	13.03 %	2.10 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2016	30.20 %	24.86 %	8.69 %
Q2 2016	35.57 %	30.52 %	14.69 %
Q3 2016	36.93 %	32.03 %	14.61 %
Q4 2016	29.59 %	26.54 %	12.95 %
Q1 2017	37.26 %	32.38 %	14.41 %
Q2 2017	30.04 %	28.38 %	11.57 %
Q3 2017	35.13 %	32.30 %	14.96 %
Q4 2017	30.93 %	24.34 %	10.39 %
Q1 2018	34.71 %	33.40 %	16.45 %
Q2 2018	37.20 %	33.54 %	15.47 %
Q3 2018	34.60 %	32.39 %	13.95 %
Q4 2018	30.28 %	21.74 %	7.99 %
Q1 2019	26.12 %	23.68 %	9.23 %
Q2 2019	24.48 %	19.04 %	5.82 %
Q3 2019	24.32 %	21.72 %	6.85 %
Q4 2019	10.98 %	6.41 %	1.29 %
Q1 2020	17.95 %	16.08 %	0.08 %
Q2 2020	14.57 %	14.10 %	(4.24 %)
Q3 2020	22.26 %	18.44 %	1.38 %
Q4 2020	24.23 %	13.97 %	5.93 %
Q1 2021	29.54 %	26.50 %	12.96 %
Q2 2021	32.18 %	29.21 %	18.02 %
Q3 2021	28.13 %	23.86 %	12.80 %
Q4 2021	25.54 %	22.01 %	11.19 %
Q1 2022	25.60 %	22.91 %	13.03 %
Q2 2022	26.96 %	22.50 %	14.16 %
Q3 2022	18.89 %	14.67 %	5.43 %
Q4 2022	14.44 %	9.83 %	0.10 %
Q1 2023	16.04 %	12.94 %	1.80 %
Q2 2023	15.95 %	13.75 %	3.46 %
Q3 2023	18.51 %	17.40 %	0.86 %
Q4 2023	17.04 %	10.02 %	0.50 %
Q1 2024	17.94 %	13.56 %	1.87 %
Q2 2024	20.14 %	16.39 %	5.60 %
Q3 2024	18.98 %	13.69 %	2.69 %
Q4 2024	16.05 %	8.39 %	(1.92 %)
Q1 2025	13.90 %	9.32 %	(0.41 %)

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Earnings Per Share before unusual items (Riyal)	Book Value (BV)
Q1 2016	3,000.00	5.92	6.04	55.32
Q2 2016	3,000.00	5.52	5.76	53.63
Q3 2016	3,000.00	5.39	5.64	53.13
Q4 2016	3,000.00	5.87	6.11	52.51
Q1 2017	3,000.00	6.65	6.88	54.32
Q2 2017	3,000.00	6.23	6.43	52.20
Q3 2017	3,000.00	6.41	6.62	53.93
Q4 2017	3,000.00	6.14	6.40	54.64
Q1 2018	3,000.00	6.24	6.95	57.11
Q2 2018	3,000.00	7.23	7.85	54.44
Q3 2018	3,000.00	7.34	7.96	56.39
Q4 2018	3,000.00	7.17	7.63	57.69
Q1 2019	3,000.00	6.45	6.45	58.35
Q2 2019	3,000.00	4.89	4.89	56.51
Q3 2019	3,000.00	3.10	3.61	55.88
Q4 2019	3,000.00	1.73	2.67	59.57
Q1 2020	3,000.00	0.28	1.57	55.65
Q2 2020	3,000.00	(1.14)	0.54	54.50
Q3 2020	3,000.00	(1.02)	(0.07)	55.01
Q4 2020	3,000.00	0.02	0.44	55.88
Q1 2021	3,000.00	1.99	2.06	57.14
Q2 2021	3,000.00	5.28	4.95	56.45
Q3 2021	3,000.00	6.78	6.68	58.00
Q4 2021	3,000.00	7.69	7.94	60.05
Q1 2022	3,000.00	8.23	8.61	62.53
Q2 2022	3,000.00	8.32	8.70	60.22
Q3 2022	3,000.00	7.07	7.62	60.96
Q4 2022	3,000.00	5.51	5.73	62.02
Q1 2023	3,000.00	3.57	3.66	62.33
Q2 2023	3,000.00	1.32	1.41	58.93
Q3 2023	3,000.00	(0.25)	0.73	57.97
Q4 2023	3,000.00	(0.92)	0.77	55.81
Q1 2024	3,000.00	(1.06)	0.76	55.49
Q2 2024	3,000.00	(0.73)	1.03	54.64
Q3 2024	3,000.00	0.57	1.26	55.16
Q4 2024	3,000.00	0.51	0.98	52.12
Q1 2025	3,000.00	0.03	0.73	52.04

Period	Shares Outstanding (M)	EPS (Riyal)	Earnings Per Share before unusual items (Riyal)	Book Value (BV)
2015	3,000.00	6.26	6.38	53.97
2016	3,000.00	5.87	6.11	52.51
2017	3,000.00	6.14	6.40	54.64
2018	3,000.00	7.17	7.63	57.69
2019	3,000.00	1.73	2.67	59.57
2020	3,000.00	0.02	0.44	55.88
2021	3,000.00	7.69	7.94	60.05
2022	3,000.00	5.51	5.73	62.02
2023	3,000.00	(0.92)	0.77	55.81
2024	3,000.00	0.51	0.98	52.12

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2016	12.64	12.38	1.35
Q2 2016	14.71	14.08	1.51
Q3 2016	14.97	14.32	1.52
Q4 2016	15.58	14.98	1.74
Q1 2017	14.57	14.07	1.78
Q2 2017	16.43	15.90	1.96
Q3 2017	16.03	15.53	1.91
Q4 2017	16.59	15.93	1.87
Q1 2018	18.67	16.75	2.04
Q2 2018	17.45	16.07	2.32
Q3 2018	17.10	15.76	2.22
Q4 2018	16.20	15.22	2.01
Q1 2019	19.39	19.39	2.14
Q2 2019	23.44	23.44	2.03
Q3 2019	29.65	25.51	1.65
Q4 2019	54.19	35.18	1.58
Q1 2020	More than 100	44.60	1.26
Q2 2020	NEG	More than 100	1.62
Q3 2020	NEG	NEG	1.61
Q4 2020	More than 100	More than 100	1.81
Q1 2021	58.94	57.06	2.05
Q2 2021	23.06	24.59	2.16
Q3 2021	18.78	19.06	2.20
Q4 2021	15.08	14.60	1.93
Q1 2022	15.92	15.21	2.10
Q2 2022	12.21	11.67	1.69
Q3 2022	12.56	11.65	1.46
Q4 2022	16.23	15.62	1.44
Q1 2023	25.29	24.69	1.45
Q2 2023	66.75	62.61	1.50
Q3 2023	NEG	More than 100	1.42
Q4 2023	NEG	More than 100	1.50
Q1 2024	NEG	More than 100	1.41
Q2 2024	NEG	71.49	1.35
Q3 2024	More than 100	59.44	1.36
Q4 2024	More than 100	68.40	1.29
Q1 2025	More than 100	87.46	1.22

Period	P/E	Adjusted P/E	Price/book
2015	12.23	11.99	1.42
2016	15.58	14.98	1.74
2017	16.59	15.93	1.87
2018	16.20	15.22	2.01
2019	54.19	35.18	1.58
2020	More than 100	More than 100	1.81
2021	15.09	14.61	1.93
2022	16.23	15.62	1.44
2023	NEG	More than 100	1.50
2024	More than 100	68.40	1.29

Business Segments (Million)

Compared With The

Period	Consolidated	Fertilizer	Discontinued operation	Headquarters & Others	Adjustments
Q1 2016	36,009.96	1,151.04	2,407.64	16,590.12	(22690.85)
Q2 2016	40,144.35	1,196.11	2,612.40	18,495.91	(26190.44)
Q3 2016	41,183.30	1,136.61	1,549.86	18,131.31	(26203.71)
Q4 2016	43,213.13	1,217.55	2,439.43	21,307.70	(30702.59)
Q1 2017	43,365.86	1,342.01	2,062.61	21,132.68	(31582.36)
Q2 2017	40,597.88	1,207.35	1,874.58	19,335.71	(28577.34)
Q3 2017	48,770.97	1,150.65	2,376.33	22,248.45	(35867.65)
Q1 2018	36,868.48	1,724.61	3,268.50	-	-
Q2 2018	38,307.47	2,118.96	2,858.17	-	-
Q3 2018	39,050.58	2,135.48	2,525.87	-	-
Q4 2018	36,195.52	1,959.00	2,115.69	-	-
Q1 2019	30,944.66	1,810.55	3,255.19	-	-
Q2 2019	30,536.22	1,801.59	2,561.34	-	-
Q3 2019	28,825.18	1,679.27	2,305.18	-	-
Q4 2019	27,181.32	1,826.98	2,668.54	-	-
Q1 2020	25,957.94	1,470.01	2,765.19	-	-
Q2 2020	20,917.56	1,870.70	1,831.17	-	-
Q3 2020	25,154.78	1,742.85	2,397.45	-	-
Q4 2020	28,607.57	1,706.63	2,527.44	-	-
Q1 2021	32,709.68	1,840.00	2,981.00	-	-
Q2 2021	36,430.48	2,478.05	3,510.67	-	-
Q3 2021	37,856.20	2,742.03	3,099.69	-	-
Q4 2021	42,883.42	5,132.80	3,219.12	-	-
Q1 2022	44,281.86	4,044.45	4,315.28	-	-
Q2 2022	46,210.88	5,687.48	4,077.93	-	-
Q3 2022	39,051.82	4,264.32	-	-	-
Q4 2022	35,301.43	4,234.35	-	-	-
Q1 2023	34,007.34	2,425.03	-	-	-
Q2 2023	31,602.85	2,494.53	-	-	-
Q3 2023	33,505.36	2,469.95	-	-	-
Q4 2023	32,142.29	2,889.85	-	-	-
Q1 2024	30,422.20	2,263.62	-	-	-
Q2 2024	33,330.11	2,388.49	-	-	-
Q3 2024	34,084.24	2,795.91	-	-	-
Q4 2024	31,660.93	3,035.00	-	-	-
Q1 2025	31,496.24	3,098.00	-	-	-

Period	Consolidated	Fertilizer	Discontinued operation	Headquarters & Others	Adjustments
2015	170,718.13	5,965.51	10,668.47	8,609.29	(47875.66)
2016	160,550.74	4,701.31	9,009.32	74,525.04	(105787.59)
2017	135,301.99	5,909.39	8,554.59	-	-
2018	150,422.06	7,938.05	10,768.23	-	-
2019	117,487.38	7,118.39	10,790.24	-	-
2020	100,637.85	6,790.18	9,521.25	-	-
2021	149,879.77	12,192.88	12,810.48	-	-
2022	164,845.99	18,230.61	-	-	-
2023	131,257.83	10,279.36	-	-	-
2024	129,497.48	10,483.02	-	-	-

Analysts Estimates (Million)

Item	Profit (Expected)	Profit (Actual)	Change	Profit Before Unusual Items	Change
Average	299.86	(1210.80)	(503.8 %)	(141.80)	(147.3 %)

Estimates vs Actual (Million)

Item	Profit (Expected)	Profit (Actual)	Change‬	Profit Before Unusual Items	Change‬
Value Capital	(1068.92)	(1210.80)	(11.7) %	(141.80)	653.8 %
Riyad Capital	130.00	(1210.80)	(110.7) %	(141.80)	(191.7) %
Bank of America	176.95	(1210.80)	(114.6) %	(141.80)	(224.8) %
SNB Capital	364.00	(1210.80)	(130.1) %	(141.80)	(356.7) %
AlJazira Capital	370.00	(1210.80)	(130.6) %	(141.80)	(360.9) %
Al Rajhi Capital	657.00	(1210.80)	(154.3) %	(141.80)	(563.3) %
UBS Saudi Arabia	837.07	(1210.80)	(169.1) %	(141.80)	(690.3) %
Citi Bank Group	932.78	(1210.80)	(177.0) %	(141.80)	(757.8) %

Financial Ratios

	Current
Market Cap (M Riyal)	160,500.16
Enterprise Value (EV) (M)	188,487.38
Shares Outstanding ((M))	3,000.00
EPS ( Riyal) (TTM)	0.03
Book Value (BV) ( Riyal)	52.04
Par Value ( Riyal)	10.00
Recurring P/E	73.46
P/E (TTM)	More than 100
Price/book	1.03
Return on Average Assets (%) (TTM)	0.0
Return on Average Equity (%) (TTM)	0.1
EV/adj EBITDA	11.38
EV/Revenues	1.37

Saudi Basic Industries Corp. (SABIC)

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SABIC swings to net loss of SAR 1.21B in Q1 2025

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Current Quarter Comparison (M)

Profit Performance (Million)

Profit Performance (Million)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million)

Revenue by Business Segment (Latest) 2025 Q1

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Saudi Basic Industries Corp. (SABIC)

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SABIC swings to net loss of SAR 1.21B in Q1 2025

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Current Quarter Comparison (M)

Profit Performance (Million)

Profit Performance (Million)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q1 2025

Revenue by Business Segment (Latest) 2025 Q1

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Saudi Basic Industries Corp. (SABIC)

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Business Segments (Million)