SABIC headquarters in Jubail
Saudi Basic Industries Corp. (SABIC) will hold a virtual press conference on Tuesday, Feb. 28, at 10:00 am, to disclose 2022 financials.
According to average research estimates compiled by Argaam, SABIC is expected to report a net profit of SAR 1.83 billion in Q4 2022, compared to SAR 4.9 billion a year earlier.
The company's profits retreated to SAR 16.24 billion by the end of the first nine months of 2022, compared to profits of SAR 18.10 billion in 9M 2021.
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