Advanced Petrochemical posts SAR 72 mln profit in Q1 2025

Advanced Petrochemical Co. recorded a net profit of SAR 72 million for the first quarter of 2025, versus a net loss of SAR 58 million in the same period last year, according to the company’s preliminary financial results for the period ending March 31, 2025.

Operating profit reached SAR 73 million in Q1, compared to an operating loss of SAR 25 million in the prior-year period.

Total shareholders’ equity (excluding minority interest) stood at SAR 2.9 billion, down 9.5% from SAR 3.2 billion in the year-earlier period.

Earnings per share (EPS) for the three-month period came in at SAR 0.277, versus a loss of SAR 0.226 a year earlier.