| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Sales/Revenue | 116.53 | 117.74 | -1.03 | ||
| Gross Profit (Loss) | 21 | 25.36 | -17.19 | ||
| Operational Profit (Loss) | 4.37 | 9.43 | -53.66 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | -25.78 | 1.54 | - | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -23.14 | -0.4 | 5,685 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 128.72 | 156.36 | -17.68 | ||
| Profit (Loss) per Share | -8.59 | 0.51 | |||
| All figures are in (Billions) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Billions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the sales/ revenues during the current year compared to the last year | In 2025, the company's revenue decreased 1% to SAR 116.53 billion due to lower average selling prices, increased sales volumes partly balanced the decline. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | Net loss for 2025 accounted for SAR 25.78 billion compared to a net income of SAR 1.54 billion in the prior year, which was primarily attributed to the following factors: • Losses from discontinued operations increased by SAR 20.8 billion compared to 2024, which was primarily attributed to the following items: o A non-cash loss of SAR 15.2 billion from fair valuation triggered by the decision to divest the European Petrochemicals business and Engineering Thermoplastics business in the Americas and Europe (subject to announced conditions). o A derecognition of deferred tax assets related to the two businesses perimeters held for sale of SAR 2.1 billion. o Impairment and provisions, amounting to SAR 3.8 billion, related to cracker closure in Teesside UK in Q2 2025 which is now reported under discontinued operations. The divestments form part of company’s efforts on portfolio optimization and capital recycling towards growth markets and businesses, including exiting low-return operations and unlocking capital to enhance the profit margins and free cash flow. • Lower gross profit of SAR 4.4 billion primarily impacted by reduced average selling prices. • An increase in other operating expenses of SAR 911 million mainly due to no-recurring expenses resulted from the strategic restructuring initiative launched in Q1 2025. • Higher net financial charges of SAR 792 million driven by fair valuation of derivative equity instruments. • Higher Zakat expenses of SAR 694 million due to favorable impact in 2024. The aforementioned items were offset by lower Selling, General & Administrative and Research & Development costs of SAR 537 million, benefiting from the continuous effort of cost control and restructuring initiatives. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | N/A |
| Reclassification of Comparison Items | Certain prior period figures have been re-classified to conform with the current period presentation. Results of SABIC’s European Petrochemicals business and Engineering Thermoplastics business in the Americas and Europe are reported as discontinued operations and disclosed separately in the consolidated financial statements, in accordance with requirements under IFRS 5 “Non-current Assets Held for Sale and Discontinued Operations”. |
| Additional Information | SABIC wishes to highlight the following points: • Following international best practices, SABIC has introduced adjusted financial metrics starting from Q2 2025. These adjusted earnings metrics exclude special items not directly related to the regular course of business in a particular reporting period. The adjusted earnings indicators provide enhanced transparency and better comparability of the underlying operational business performance over time. In 2025, the Group reported an adjusted EBITDA of SAR 17.88 billion, a decrease of 15%, compared to the adjusted EBITDA of SAR 20.98 billion in 2024. This translates to an adjusted EBITDA margin of 15.3% in 2025 compared to 17.8% in 2024. In 2025, the company generated an adjusted income from operations (EBIT) of SAR 6.92 billion compared to SAR 9.79 billion in 2024. Moreover, the adjusted net income from continuing operations (SABIC Share) is SAR 2.07 billion for 2025 compared to the adjusted net income of SAR 5.88 billion in 2024. • The Group has restated its opening balances of “investments in associates and joint ventures” and “equity attributable to equity holders of the Parent” as of January 1, 2024, which resulted in a reduction of both by SAR 475 million. The restatement reflected the restated 2024 financial statements of Power and Water Utilities Company for Jubail and Yanbu (“Marafiq”), an associate of SABIC with a shareholding of 17.5%. This restatement was recognized by the Group in the consolidated interim statement of financial position and statement of changes in equity and did not impact the consolidated statement of income for the reporting periods in 2024 and 2025. Attached 2025 earnings release and presentation |
| Attached Documents | Attached Documents Attached Documents |
