SABIC Agri-Nutrients Co.Announces its Interim Consolidated Financial Results for the Period Ending on 2026-06-30 ( Six Months )

SABIC Agri-Nutrients reported a 64% year-on-year decline in net income to SAR 379 million ($101 million) for the second quarter of 2026, with earnings per share dropping to SAR 0.80 from SAR 2.23 in Q2 2025.
Revenue fell 27% year-on-year to SAR 2,411 million ($643 million), primarily driven by a decrease in sold quantities following supply chain challenges and the retreat of urea prices to pre-crisis levels by the end of the quarter.
EBITDA for the quarter declined 51% year-on-year to SAR 618 million ($165 million), as production was impacted by global supply interruptions in upstream products including natural gas, ammonia, and sulfur.
Despite the quarterly downturn, the company generated SAR 621 million in free cash flow, representing a 7% increase over the previous quarter, while management expects market stability in Q3 2026 as importers rebuild inventories for the winter planting season.

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	2,411	3,287	-26.65	2,874	-16.109
Gross Profit (Loss)	712	1,267	-43.804	1,369	-47.991
Operational Profit (Loss)	423	1,028	-58.852	1,168	-63.784
Net Profit (Loss) Attributable to Shareholders of the Issuer	379	1,060	-64.245	1,227	-69.111
Total Comprehensive Income Attributable to Shareholders of the Issuer	361	1,005	-64.079	1,294	-72.102
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	5,285	6,361	-16.915
Gross Profit (Loss)	2,081	2,432	-14.432
Operational Profit (Loss)	1,591	1,885	-15.596
Net Profit (Loss) Attributable to Shareholders of the Issuer	1,606	2,044	-21.428
Total Comprehensive Income Attributable to Shareholders of the Issuer	1,655	1,975	-16.202
Total Shareholders Equity (after Deducting Minority Equity)	21,192	20,156	5.139
Profit (Loss) per Share	3.37	4.29
All figures are in (Millions) 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 (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The reason of the decrease in the sales/ revenues during the current quarter compared to the same quarter of the last year is: Decrease in sold quantities affected by the challenges in supply chains for the company, which was diminished by an increase in average selling prices for most of the Company’s products.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The reason of the decrease in the net profit during the current quarter compared to the same quarter of the last year is: Decrease in sold quantities affected by the challenges in supply chains for the company and a lower share of results from an associate and a joint venture which was diminished by an increase in average selling prices for the company’s products.
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is	The reason of the decrease in the sales/ revenues during the current quarter compared to the previous one is: Decrease in sold quantities affected by the challenges in supply chains for the company which was diminished by an increase in average selling prices for most of the Company’s products.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is	The reason of the decrease in the net profit during the current quarter compared to the previous one is: Decrease in sold quantities affected by the challenges in supply chains for the company and a lower share of results from an associate and a joint venture which was diminished by an increase in average selling prices for the company’s products.
The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is	The reason of the decrease in the sales/ revenues during the current period compared to the same period of the last year is: Decrease in sold quantities affected by the challenges in supply chains for the company which was diminished by an increase in average selling prices for most of the Company’s products.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	The reason of the decrease in the net profit during the current period compared to the same period of the last year is: Decrease in sold quantities affected by the challenges in supply chains for the company and a lower share of results from an associate and a joint venture which was diminished by an increase in average selling prices for the company’s products.
Statement of the type of external auditor's report	Unmodified conclusion
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)	Not Applicable
Reclassification of Comparison Items	No
Additional Information	* Income after zakat and income tax and net comprehensive income attributes to the parent company. *Attached Q-2 2026 earnings release.
Attached Documents	Attached Documents