SABIC to host investor call for 2024 results on Feb. 26

20/02/2025 Argaam
Logo ofSaudi Basic Industries Corp. (SABIC)

Logo of Saudi Basic Industries Corp. (SABIC) 

Saudi Basic Industries Corp. (SABIC) will host an earnings call on Feb. 26 at 10 am KSA time, to discuss the company’s Q4 2024 financial results.

 

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Analysts expect the major petrochemical producer to post a net profit before one-offs of SAR 5.11 billion on average for 2024. The fourth-quarter net earnings are projected to reach nearly SAR 766.2 million, according to Argaam data.

 

SABIC earned SAR 3.43 billion for the first nine months of 2024, against net losses of SAR 1.04 billion in the year-earlier period.

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