Borouge PLC Financial Results for the Period Ended March 31,2026

Borouge PLC reported a net profit of USD 155.58 million for the first quarter ended March 31, 2026, representing a 44.6% decrease compared to USD 281.07 million in the same period of 2025.
Quarterly revenue declined 17.2% year-over-year to USD 1.18 billion, down from USD 1.42 billion, driven by sales of polyethylene (USD 674.2 million) and polypropylene (USD 494.2 million).
The Board of Directors endorsed an annual dividend of USD 658.3 million (8.1 fils per share), which was approved at the Annual General Meeting on April 8, 2026.
A new Asset Usage Agreement for the Borouge 4 production complex is projected to deliver USD 400 million in cumulative net profit over the next three years; however, production activity in some areas was suspended following asset damage from an aerial defense incident on April 5, 2026.