EXECUTIVES

DIRECTORS

Khalid H. Al-Dabbagh

Chairman

DIRECTORS

Abdurrahman S. Al-Faqeeh

Board Member

DIRECTORS

Calum G. Maclean

Board Member

DIRECTORS

Faisal M. Al-Faqeer

Board Member

DIRECTORS

Mohammad T. Al-Nahhas

Board Member

DIRECTORS

Nader A. Al-Wahibi

Board Member

DIRECTORS

Yusuf A. Al-Zamil

Board Member

DIRECTORS

Ziyad T. Al-Murshed

Board Member

DIRECTORS

Olivier G. Thorel

Executive Vice-President, Chemicals

DIRECTORS

Sami Al-Osaimi

Executive Vice-President, Polymers

DIRECTORS

Abdulraheman Shamsaddin

Executive Vice-President, Manufacturing

DIRECTORS

Salah Al-Hareky

Executive Vice-President, Corporate Finance

DIRECTORS

Abdulaziz Al-Oudan

Executive Vice-President, Shared Services

DIRECTORS

Faisal I. Al Suwailem

Executive Vice-President, Corporate HR

DIRECTORS

Ahmed T. Al-Shaikh

Exec. VP., Engineering & Project Management

DIRECTORS

Anas Y. Kentab

Exec. VP., Strategy & Transformation

DIRECTORS

Ernesto Occhiello

Executive Vice President, Technology & Innovation

DIRECTORS

Naveena Shastri

Executive Vice President, Corporate Governance

SHAREPRICE

FINANICALS

Yearly Income Data(SAR '000)

31/12/2024 31/12/2023 31/12/2022 31/12/2021 31/12/2020
chart Sales 139,980,500 141,537,187 183,076,594 174,883,126 116,949,287
chart Cost of Sales 114,356,732 119,463,105 141,754,850 127,005,996 94,311,132
chart Gross Profit 25,623,768 22,074,082 41,321,744 47,877,130 22,638,155
chart Gen Admin Expenses 9,909,146 9,119,995 8,741,422 8,455,705 9,771,400
chart Research & development Expense 2,063,168 1,893,085 1,855,959 1,911,245  -
chart Selling and distribution expenses 8,416,807 7,751,912 10,699,090 7,542,766 9,301,800
chart Share of results from joint ventures 765,158 931,459 1,722,383 3,274,761 1,008,982
chart Other Income 1,360,075 1,237,303 1,430,690 1,041,449 -71,190
chart Other operating expenses 1,622,501 1,757,459 270,473 683,629  -
chart Impairment loss on fixed assets - -  -  -  -
chart Operating Income 5,737,379 3,720,393 22,907,873 33,599,995 4,502,747
chart Investment and other Income (Loss) - -  -  -  -
chart Share of results of associates -434,634 -208,457 2,683,994 2,452,747 66,071
chart Finance cost 2,820,297 2,614,650 1,887,806 2,257,224 1,860,667
chart Finance Income 1,933,971 3,626,328 1,408,320 292,446 569,106
chart Impairment of goodwill (IS) - -  -  -  -
chart Loss arising from a local case (IS) - -  -  -  -
chart Pre Zakat Profit 4,416,419 4,523,614 25,112,381 34,087,964 3,277,257
chart Zakat 213,827 1,269,160 1,830,246 1,960,393 1,682,560
chart Income Tax Expenses -77,929 -438,208 533,170 1,625,800 338,468
chart Income (Loss) from Continued Operation 4,280,521 3,692,662 22,748,965 30,501,771 1,256,229
chart Income (loss) from Discontinue Operation -557,386 -4,076,939 743,858  -  -
chart Income before Minority Interest 3,723,135 -384,277 23,492,823 30,501,771 1,256,229
chart Minority Interest (IS) 2,184,593 2,388,005 6,963,101 7,435,769 1,189,404
chart Net Profit 1,538,542 -2,772,282 16,529,722 23,066,002 66,825
chart Total Dividends 10,200,000 10,200,000 12,750,000 13,500,000 9,750,000
chart BASIC EPS 0.51 -0.92 5.51 7.69 0.02
chart Diluted EPS 0.51 -0.92 5.51 7.69 0.02

Balance Sheet Data(SAR '000)

31/12/2024 31/12/2023 31/12/2022 31/12/2021 31/12/2020
Assets
Current Assets
chart Cash 30,539,668 32,414,996 40,059,331 42,319,393 33,156,216
chart Short term Investments 7,668,807 9,842,617 8,678,959 5,066,554 5,855,928
chart Account Receivables 20,439,823 19,295,374 23,923,727 26,330,104 16,927,713
chart Inventories 18,813,581 18,332,223 28,224,642 28,621,278 19,311,198
chart Prepaid Expenses 10,298,362 - -  -  -
chart Other Current Assets - 5,295,155 5,930,721 5,977,302 6,141,597
chart Assets held for sale (CA) 3,623,625 15,423,954  -  -  -
chart Current Assets 91,383,866 100,604,319 106,817,380 108,314,631 81,392,652
Non-current Assets
chart Investments 585,860 568,943 683,684 1,043,007 1,801,436
chart Fixed Assets (Property, Plant, Equipment etc), net 112,580,575 115,122,579 126,797,000 131,018,714 136,179,720
chart Right of use assets (NCA) 4,835,543 5,578,572 6,306,719 6,357,560 5,623,854
chart Intangible Assets 19,141,633 19,763,009 20,012,764 19,856,254 20,662,197
chart Available for sale financial assets - -  -  -  -
chart Held to maturity investments - -  -  -  -
chart Investment in Associates Companies 35,435,785 41,237,301 41,686,763 42,187,623 40,578,670
chart Deferred tax asset 2,365,609 1,749,286 781,596 565,220 1,028,753
chart Derivative financial assets (NCA) 3,669,688 3,745,176 2,687,250 2,389,875 1,863,375
chart Other non-current assets 8,020,234 6,011,266 7,332,661 7,622,444 6,337,893
chart Total Non-current Assets 186,634,927 193,776,132 206,288,437 211,040,697 214,075,898
chart Total Assets 278,018,793 294,380,451 313,105,817 319,355,328 295,468,550
Liabilities & Shareholders' Equity
Liabilities
Current Liabilities
chart Accruals and other payables 19,695,999 18,198,349 14,782,282 15,211,813 9,097,389
chart Short Term Loans 2,080,922 2,414,233 915,839 13,347 4,317,874
chart Current portion of long term debts 2,022,996 2,301,534 5,979,853 5,290,046 2,589,306
chart Lease liabilities 945,105 903,362 904,614 951,669 1,082,385
chart Income tax payable 587,075 604,302 830,304 1,128,413  -
chart Zakat payable 118,339 1,414,718 2,160,763 2,449,597 2,904,716
chart Accounts Payable 19,793,604 20,087,016 22,537,990 26,149,125 17,501,240
chart Provisions 137,248 1,175,962 82,032  -  -
chart Accrued Expenses - - -  -  -
chart Liabilities directly associated with assets held for sale - 5,700,890  -  -  -
chart Current Liabilities 45,381,288 52,800,366 48,193,677 51,194,010 37,492,910
Non-current Liabilities
chart Long Term Debts 26,165,086 23,255,179 21,543,556 26,836,532 33,358,817
chart Lease liabilities 3,983,960 4,622,459 5,469,463 5,467,676 4,637,653
chart Deferred tax Liability 611,582 814,942 903,549 748,733 650,827
chart Derivative financial instruments 1,975,894 2,011,144 2,928,610 3,300,827 2,685,672
chart Provisions 870,565 1,090,489 861,398 870,644  -
chart Employees' end of Service Benefits 13,507,010 12,894,392 14,074,900 17,441,236 19,655,985
chart Other non-current liabilities 1,605,249 1,608,940 1,513,405 1,662,372 2,749,561
chart Total Liabilities 94,100,634 99,097,911 95,488,558 107,522,030 101,231,425
Shareholders' equity
chart Capital 30,000,000 30,000,000 30,000,000 30,000,000 30,000,000
chart Statutory Reserves - - 15,000,000 15,000,000 15,000,000
chart Other Reserves -4,112,475 -1,576,557 -1,931,155 -3,542,781 -3,334,019
chart General Reserves 110,889,032 110,889,032 110,889,032 110,889,032 110,889,032
chart Research and technology Reserve (SE) - -  -  -  -
chart Retained Earnings 20,056,576 28,116,139 32,088,421 27,794,542 15,071,361
chart Owners Equity 156,833,133 167,428,614 186,046,298 180,140,793 167,626,374
chart Minority Interest (BS) 27,085,026 27,853,926 31,570,961 31,692,505 26,610,751
chart Total Equity 183,918,159 195,282,540 217,617,259 211,833,298 194,237,125
chart Total Liabilities & Shareholders Equity 278,018,793 294,380,451 313,105,817 319,355,328 295,468,550

(SAR '000)

31/12/2024 31/12/2023 31/12/2022 31/12/2021 31/12/2020
Operating Activities
chart Income for the year before Zakat and Tax 3,903,366 561,972 25,988,176 34,087,964 3,277,257
Adjustments to reconcile net income to net cash from activities
chart Depreciation and amortization 13,009,105 14,214,375 14,157,688 14,064,544 14,207,839
chart Impairment of property, plant and equipment 720,359 1,844,422 532,968 841,237 1,723,810
chart Movement in provision in assets held for sale (Adj) 304,129 2,931,042  -  -  -
chart Provision for slow moving items - - 552,982  -  -
chart Provision for doubtful debts - - -135,019  -  -
chart Gain/Loss on sale of assets held for sale (Adj) -291,359  -  -  -  -
chart Share of results of Associates 434,634 208,457 -2,683,443 -2,452,747 261,471
chart Share of results from Joint ventures -765,158 -931,459 -1,722,383 -3,274,761 -1,008,982
chart Impairment in value of joint venture - - -327,542  -  -
chart Derivate financial instruments - - -24,127  -  -
chart Gain/Loss on Sale of Fixed Asset - Property, Plant & Equipment 38,693 41,059 73,069 148,947 191,582
chart Finance Income -1,933,971 -3,644,535 -1,409,077 -292,446  -
chart Finance Cost 2,820,297 2,785,876 1,983,404 2,257,224 1,030,968
chart Minority interest in net income/loss of subsidiaries - -  -  -  -
chart Total Adjustments 18,240,095 18,011,209 36,920,402 45,379,962 19,750,239
Changes in operating assets and liabilities:
chart Other non-current assets 278,093 488,482 1,338,342 848,203 -3,511,681
chart Accounts receivable and prepayments -1,166,810 1,863,250 2,406,377 -9,402,391 -46,645
chart Inventories -967,296 5,988,176 396,636 -9,310,080 2,700,930
chart Prepaid expenses and other assets 1,986,411 47,093 132,991 -1,521,136 1,396,344
chart Accounts payable and accruals -668,661 -1,921,939 -3,611,135 8,647,885 2,233,061
chart Accrued expenses 399,486 -750,824 -342,582 4,497,080 -2,973,780
chart Employees end of service benefits paid 307,597 526,145 544,315 -495,115 1,231,649
chart Other non current liabilities -6,796 334,951 -818,557 429,048 3,951,720
chart Other Provisions -1,258,522 1,323,021 -9,246 -23,346  -
chart Dividend Income 1,756,390 1,787,474 2,537,993 3,363,026 1,188,080
chart Interest income received 1,906,610 1,738,327 653,075 290,377  -
chart Finance cost paid -2,130,000 -1,989,138 -973,904 -1,076,511 -1,034,687
chart Zakat paid -2,318,001 -2,993,307 -3,364,576 -2,133,371 -2,739,313
chart Cash Flow From Operating Activities 16,358,596 24,452,920 35,810,131 39,493,631 22,145,917
Investing Activities
chart Properties, Plant and Equipment (CFI) -10,114,320 -10,456,518 -10,111,785 -10,800,388 -13,075,639
chart Acquisition of subsidiaries - -  -  -  -
chart Short term investments (CFI) 2,160,060 -1,380,968 -3,524,910 704,594 -812,626
chart Investments, net (CFI) 50,000 286,978 214,940 671,655 826,660
chart Increase in investments in equity -42,124 -29,770 -32,670 -33,528 -47,895
chart Proceeds from disposal of equity accounted investees (CFI) 855 101,621 828,735  -  -
chart Intangible assets, net (CFI) -85,909 -36,757 -111,897 -171,074 -180,007
chart Proceeds from sales of Fixed Assets - Property, Plant & Equipment (CFI) 33,343 81,168 28,176 28,855 117,805
chart Other non current assets, net (CFI) - -  -  -  -
chart Purchase of asset held for sale (CFI) - -  -  -  -
chart Proceeds from investments - available for sale - -  -  -  -
chart Investments in associates and joint ventures (CFI) -1,047,703 -1,467,340 -748,785 -147,123 -2,067,378
chart Acquisition of business- consideration paid (CFI) - - -401,625  -  -
chart Dividends Received 841,891 1,136,841 1,292,788 829,285 1,275,428
chart Cash used in investing activities relating to discontinued operation -202,102  -  -  -  -
chart Cash and cash equivalents of assets held for sale 419,643  -  -  -  -
chart From Investing Activities -7,986,366 -11,764,745 -12,567,033 -8,917,724 -13,963,652
Financing Activities
chart Short term bank borrowings - -  -  -  -
chart Minority Interest - -  -  -  -
chart Dividend Paid -12,719,317 -16,717,529 -19,571,836 -13,512,111 -13,800,622
chart Long term debt 2,238,475 -706,174 -3,769,297 -3,983,829 -730,471
chart Finance lease receipt / payments -1,075,329 -1,480,851 -1,846,934 -2,015,281 -1,681,271
chart Capital increase of a subsidiary - - -229,881  -  -
chart Acquisition of non-controlling interest - - 1,687,500 1,687,500  -
chart From Financing Activities -11,556,171 -18,904,554 -25,417,948 -17,823,721 -14,524,864
chart Increase (Decrease) in Cash -3,183,941 -6,216,379 -2,174,850 12,752,186 -6,342,599
chart Effects of foreign exchange fluctuation -75,025 -27,381 -92,061 -36,297 -11,250
chart Cash and cash equivalents at beginning of the year 33,795,375 40,039,135 42,306,046 29,590,157 35,292,318
chart Cash and cash equivalents at end of the year 30,536,409 33,795,375 40,039,135 42,306,046 28,938,469
statement

FINANICALS STATEMENT

report

BOARD REPORTS

mettings

GENERAL MEETINGS

Annual General Meeting

17/04/2018 12:00

Company HQ

VIEW DETAILS

Extra Ordinary Meetings

08/10/2017 12:00

Company HQ

VIEW DETAILS

Extra Ordinary Meetings

11/04/2017 06:30

Company HQ

VIEW DETAILS

Board of Directors

14/03/2016 11:20

VIEW DETAILS

Annual General Meeting

11/04/2016 08:00

Company HQ

VIEW DETAILS

ABOUT Saudi Basic Industries Corp.

about

Saudi Basic Industries Corporation (SABIC) is a Saudi Joint Stock Company established pursuant to Royal Decree Number M/66 dated 13 Ramadan 1396H (corresponding to 6 September 1976) registered in Riyadh under commercial registration No. 1010010813 dated 14 Muharram 1397H (corresponding to 4 January 1977).

Saudi Arabian Oil Company ("Saudi Aramco") owns 70% of SABIC through one of its subsidiaries, "Aramco Chemicals Company".

The Saudi Arabian Government is largest shareholder by 90.19% direct shareholding in Saudi Aramco. The remaining 30% of SABIC shares are held by the private sector.

SABIC operates in several key sectors, including: chemicals, agri-nutrients, specialties, and metals. SABIC serves a wide range of industries, such as agriculture, automotive, construction, consumer goods.

SABIC has a significant global footprint, with operations in over 50 countries and a workforce of more than 32,000 employees. The company has manufacturing and compounding plants in various regions, including the Middle East, Europe, Asia, and the Americas.

SABIC invests globally in the sector of Technology and Innovation (T&I). It has various T&I facilities spread across the globe with hundreds of dedicated scientists contributing to the ongoing development of new patents and certifications.

Saudi Basic Industries Corp.
Email ir@sabic.com
website www.sabic.com
Phone +966 112258000 Phone +966 112259000

Paidup Capital: 30,000,000,000.00

Per Value Per Shares : 10.00

Outstanding Shares : 3,000,000.00

MEDIA

NEWS

11/01/2026

SABIC Reshapes Global Footprint With $950m Divestment Deals

Saudi Basic Industries Corporation (SABIC) has announced a major overhaul of its global portfolio, accelerating its exit from petrochemical and engineering plastics assets in Europe and the Americas through two divestment deals worth a combined $950.....

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22/08/2025

Restructuring Moves SABIC to Reclaim Ground in the Petrochemicals Race

The global petrochemicals industry is grappling with a wave of uncertainty. Sluggish economic growth in key markets, mounting geopolitical tensions, and trade barriers are weighing on demand. Adding to the pressure, Asian producers - particularly in.....

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04/08/2025

Saudi Arabia's SABIC maintains $1.19bn dividend, signaling sector confidence

Chemicals production company Saudi Basic Industries Corp. announced the distribution of interim cash dividends amounting to SR4.5 billion ($1.19 billion) for the first half of the year. Shareholders owning company shares as of the eligibility date of.....

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10/07/2025

Saudi chemicals group SABIC studying IPO of its gas unit

Saudi chemicals group SABIC said on Wednesday it was studying strategic options for its National Industrial Gases Company, including an initial public offering, amid a broad review of its business. SABIC said in a statement that the move was in line with.....

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07/05/2025

SABIC Expects Capital Expenditure of $4 Bn in 2025

Saudi Basic Industries Corporation (SABIC), one of the world's largest petrochemical companies, reported a net loss of 1.21 billion riyals ($322.6 million) for the first quarter of 2025, reflecting continued pressure on the global petrochemical sector......

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ANOUNCEMENTS

02/11/2025

Net loss announced for the 9 months ending on 30/9/2025, SAR 4.84 billion, compared to a net profit of SAR 3.43 billion for the same period last year.

03/08/2025

Net loss announced for the 1st Half of the year 2025, SAR 5.28 billion, compared to a net profit of SAR 2.43 billion for the same period last year.

03/08/2025

Cash dividend announced for the 1st half of the year 2025, SR 1.50 per share.

04/05/2025

Net loss announced for the 1st Quarter of the year 2025, SAR 1.21 billion, compared to a net profit of SAR 246.22 million for the same period last year.

27/02/2025

Net profit announced for the year 2024, SAR 1.54 billion, compared to loss of SAR 2.77 billion for the same period last year.