SABIC to hold Q1 2025 press conference on May 4

09:45 AM (Mecca time) Argaam
Logo ofSaudi Basic Industries Corporation (SABIC)

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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