Advanced Petrochemical Company announced on Wednesday, April 9 its preliminary financial results for the first quarter ended March 31, 2025, reporting a net profit of SAR 72 million, compared to a net loss of SAR 58 million in the same quarter of the previous year.
The operating profit for the quarter reached SAR 73 million, versus an operating loss of SAR 25 million in Q1 2024.
The company also reported that total shareholders’ equity (excluding non-controlling interests) stood at SAR 2.9 billion, marking a 9.5% decrease from SAR 3.2 billion in the same period last year.
