SABIC shares experienced losses Sunday morning, November 2, 2025, following the release of the company’s third-quarter financial results, which revealed a significant decline in net profits. Trading closed at 577.4 points.
The downturn impacts investors and signals potential shifts within the petrochemical industry. SABIC reported a 56% decrease in net profits for the July-September 2025 period, plummeting to 440 million riyals from one billion riyals during the same quarter in 2024. This substantial reduction raises concerns about the company’s performance and future outlook,possibly influencing regional market stability and investment strategies.
According to an official announcement,the profit decline stems from multiple factors,including reduced revenues attributed to lower average selling prices and decreased sales volumes.Additionally, the company cited diminished profit margins and increased expenses related to zakat and taxes as contributing elements.
Saudi Basic Industries Corporation (SABIC), a global leader in diversified chemicals, has faced evolving market conditions throughout 2025. The company’s performance is closely watched as a bellwether for the broader Saudi Arabian economy and the petrochemical sector’s health. Further analysis of these results will be crucial for stakeholders to assess the long-term implications and potential recovery strategies.
