Monday, 12 May 2025

Saudi Chemical Q1 profit falls 9.9% to SAR 82.3 mln

Saudi Chemical Holding Co. reported a 9.9% decline in first-quarter net profit to SAR 82.3 million, down from SAR 91.4 million in the same quarter of 2024, following the release of preliminary results for the period ending March 31, 2025.

Operating profit dropped marginally by 0.45% to SAR 118.7 million, from SAR 119.2 million a year earlier.

Shareholders’ equity (excluding non-controlling interests) stood at SAR 2.17 billion, up 14.8% year-on-year.

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Earnings per share came in at SAR 0.10, compared to SAR 0.11.

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