Logo of Saudi Basic Industries Corporation (SABIC)
Saudi Basic Industries Corp. (SABIC) will hold a press conference to review the company’s performance and financial results for the first quarter of 2025, on May 4, the petchem major said in a statement.
SABIC recorded a profit of SAR 1.54 billion by the end of 2024, versus a loss of SAR 2.77 billion in 2023, Argaam data showed.
Research firms expect SABIC to post a profit of SAR 362.2 million for the first quarter of 2025, compared to SAR 246.2 million during the same period last year.
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