SABIC to disclose Q1 2023 financials on May 4

30/04/2023 Argaam

SABIC to disclose Q1 2023 financials on May 4

Logo of Saudi Basic Industries Corp. (SABIC)

Saudi Basic Industries Corp. (SABIC) will hold a press conference on Thursday, May 4, at 10:00 am, to discuss and disclose Q1 2023 financials.

 

According to average research estimates compiled by Argaam, SABIC is expected to report a net profit of SAR 705.8 million in the first three months of 2023, compared to SAR 6.48 billion a year earlier, an 89% year-on-year (YoY) decline but a 141% increase compared to Q4 2022. 

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