Yanbu National 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 1,097.87 million compared to SAR 1,590.54 million a year ago. Net loss was SAR 161.32 million compared to SAR 60.96 million a year ago. Basic loss per share from continuing operations was SAR 0.29 compared to SAR 0.11 a year ago.
For the nine months, sales was SAR 3,087.76 million compared to SAR 5,638.83 million a year ago. Net loss was SAR 503.61 million compared to net income of SAR 510.57 million a year ago. Basic loss per share from continuing operations was SAR 0.9 compared to basic earnings per share from continuing operations of SAR 0.91 a year ago.