Saudi Chemical records higher revenue exceeding SAR 5bn in 9M-26
CHEMICAL
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Riyadh — Mubasher: Saudi Chemical Company posted a net profit of SAR 232.37 million during the first nine months (9M) of 2026, reflecting a slight decrease of 2.56% from SAR 238.47 million in 9M-25, according to a bourse disclosure.
Total revenue rose by 1.33% to SAR 5.27 billion, driven by higher sales volumes earlier in the year.
Earnings per share (EPS) stood at SAR 0.28, while total shareholders' equity increased by 10.65% to SAR 2.53 billion as of 30 September 2026.
In the third quarter (Q3) of 2026, Saudi Chemical reported a 25.96% decline in net profit, with earnings falling to SAR 64.59 million from SAR 87.24 million in Q3-25.
The company attributed the downturn primarily to lower sales volumes, increased raw material prices, and higher shipping costs.
Quarterly revenue decreased by 5.06% to SAR 1.70 billion in Q3-26, compared to SAR 1.79 billion in Q3-25.
Operating profits reached SAR 95.11 million in July-September 2026, representing a 23.88% drop from SAR 124.95 million a year earlier.
On a sequential basis, the net profit in Q3-26 fell by 19.83% from the SAR 80.57 million recorded in Q2-26.
Source: Mubasher Source: {{details.article.source}}