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Sabic's H1 Net Loss Narrows; Revenue Down
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01:52 AM EDT, 07/29/2026 (MT Newswires) -- Saudi Basic Industries (SASE:2010), d/b/a Sabic, said Wednesday its net loss for the first half narrowed, while revenue fell year over year. Net loss attributable to shareholders of the issuer for the six months ended June 30 was 820 million Saudi riyals, compared with 5.28 billion riyals a year ago. Loss per share moved to 0.27 riyal from 1.76 riyals. The Saudi Arabia-listed petrochemicals manufacturer's revenue was 50.96 billion riyals, compared with 59.49 billion riyals earlier.
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