Saudi Kayan Petrochemical Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 2,137.26 million compared to SAR 2,596.32 million a year ago. Net loss was SAR 448.97 million compared to SAR 812.27 million a year ago. Basic loss per share from continuing operations was SAR 0.3 compared to SAR 0.54 a year ago.
For the nine months, sales was SAR 6,029.05 million compared to SAR 9,141.04 million a year ago. Net loss was SAR 1,514.38 million compared to SAR 452.77 million a year ago. Basic loss per share from continuing operations was SAR 1.01 compared to SAR 0.3 a year ago.