| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Sales/Revenue | 34.33 | 36.88 | -6.914 | 35.57 | -3.486 |
| Gross Profit (Loss) | 6.11 | 7 | -12.714 | 4.42 | 38.235 |
| Operational Profit (Loss) | 1.66 | 2.48 | -33.064 | -1.88 | - |
| Net profit (Loss) | 0.44 | 1 | -56 | -4.07 | - |
| Total Comprehensive Income | 0.03 | 1.57 | -98.089 | -2.23 | - |
| All figures are in (Billions) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Sales/Revenue | 104.49 | 105.28 | -0.75 |
| Gross Profit (Loss) | 15.33 | 20.06 | -23.579 |
| Operational Profit (Loss) | -0.99 | 5.79 | - |
| Net profit (Loss) | -4.84 | 3.43 | - |
| Total Comprehensive Income | -2.44 | 3.15 | - |
| Total Shareholders Equity (after Deducting Minority Equity) | 149.41 | 165.01 | -9.453 |
| Profit (Loss) per Share | -1.61 | 1.14 | |
| 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 quarter compared to the same quarter of the last year is | In Q3 2025, the company’s revenue decreased by 7% year-over-year, with revenue amounting to SAR 34.33 billion which is primarily attributed to decrease in average selling prices and sales volume |
| 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 net income for this quarter reached SAR 435 million as compared to net income of SAR 1.00 billion in the same quarter last year, this is mainly attributed to: • Lower gross profit by SAR 894 million mainly due to squeezed contribution margins. • Lower other operating income by SAR 252 million compared with Q3 2024, which included gains from Functional Forms business divestment and favourable currency exchange effects. • Higher Zakat & Tax expenses of SAR 300 million mainly driven by adjustments of zakat & tax accruals. The aforementioned items were offset with the following, • Lower Selling, General, & Administrative and Research & Development costs by SAR 489 million, primarily driven by company’s transformation journey. • Net Financial Results increased by SAR 264 million mainly as a result of the fair valuation of derivatives equity instruments. • Higher results from associates and non-integral joint ventures by SAR 142 million mainly due improvement of those investment profit. |
| The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is | In Q3 2025, the company’s revenue decreased by 3% quarter-over-quarter, with revenue amounting to SAR 34.33 billion. The decrease is primarily attributed recognition of licensing and engineering revenue in Q2 2025. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is | The net income for this quarter reached SAR 435 million as compared to net loss of SAR 4.07 billion in the previous quarter, this is mainly attributed to: • Prior quarter impact from impairment charges and provisions, amounting to SAR 3.78 billion, related to cracker closure in Teesside, UK as part of the company portfolio review. • Lower Selling, General & Administrative and Research & Development costs by SAR 198 million, primarily driven by company’s transformation journey. • Higher results from associates and non-integral joint ventures by SAR 853 million mainly driven by improvement of those investment profit and impairment charges in certain financial assets in Europe recorded in Q2 2025. The aforementioned items were offset with the following, • Higher Zakat & Tax expenses of SAR 304 million mainly driven by adjustments of zakat & tax accruals. |
| 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 first 9-month period of 2025, the company’s revenue decreased by 1% year-over-year, with revenue amounting to SAR 104.49 billion which is primarily attributed to the decrease in average selling prices. |
| 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 net loss for the period reached SAR 4.84 billion compared to net income of SAR 3.43 billion for the same period of the last year, this is mainly attributed to: • Impact from impairment charges and provisions, amounting to SAR 3.78 billion, related to cracker closure in Teesside, UK in Q2 2025 as part of the company portfolio review. • Impact from strategic restructuring initiative in Q1 2025, amounting to SAR 1.07 billion as part of company’s transformation journey. • Lower results from associates and non-integral joint ventures by SAR 925 million mainly driven by impairment charges in certain financial assets in Europe recorded in Q2 2025. • Higher Zakat & Tax expenses of SAR 1.41 billion mainly driven by non-cash benefits recorded in 2024 affecting zakat & tax accruals. • Increase of SAR 485 million in finance cost mainly caused by fair valuation of derivative equity instruments. The aforementioned items were offset with the following, • Lower Selling, General, & Administrative and Research & Development costs by SAR 426 million, primarily driven by company’s transformation journey. |
| 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 | Certain prior period figures have been re-classified to conform with the current period presentation. |
| Additional Information | SABIC would like to mention the followings: • Following best practices and to provide a clearer view of its underlying operational performance, SABIC has introduced adjusted financial metrics starting from Q2 2025. These adjusted metrics exclude one-off special items not directly related to the regular course of business in a particular reporting period to provide a more transparent and better comparable reflection of the SABIC business over time. in Q3 2025, the Group reported an Adjusted EBITDA of SAR 4.99 billion, a decrease of 4%, compared to the Adjusted EBITDA of SAR 5.22 billion in Q2 2025. This translates to an Adjusted EBITDA margin of 15% in Q3 2025 similar to that of Q2 2025. In addition, the adjusted income from operations (EBIT) is SAR 1.74 billion for Q3 2025 compared to SAR 1.94 billion in Q2 2025. Moreover, the adjusted net income is SAR 0.70 billion for Q3 2025 compared to the adjusted net income of SAR 0.48 billion in Q2 2025. • 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 Q3 2025 earnings release and presentation. |
| Attached Documents | Attached Documents Attached Documents |
