Saudi Kayan Reports SAR 496.3 Mln Q2 Loss

Saudi Kayan Petrochemical Company reported a net loss of SAR 496.3 million for the second quarter of 2025, widening from a SAR 250 million loss in the same period last year—an increase of 98%.

According to interim financial results for the period ending June 30, 2025, operational loss reached SAR 305.8 million, compared to SAR 91.2 million in Q2 2024, reflecting a surge of 235%.

For the first half of 2025, the company posted a cumulative net loss of SAR 1.27 billion, up 54.7% from SAR 821.9 million in the prior-year period.

Loss per share stood at SAR 0.85, versus SAR 0.55 a year earlier.