SABIC Agri-Nutrients Sees 50.3% Rise in Q2 Profit, Reaches $282.6 Million
Saudi Arabian fertilizer company SABIC Agri-Nutrients reported a strong rise in profit for the second quarter of the year. Its net profit jumped 50.3% compared to the same time last year, reaching $282.6 million (SAR 1.06 billion). This growth came from higher sales and better results from its partnerships.
Financial Highlights
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Revenue rose by 22.8% to $876.2 million (SAR 3.3 billion), helped by a 23% increase in average selling prices.
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Operating profit increased by 51.6% to $274 million (SAR 1.03 billion).
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However, higher feedstock costs pushed up the cost of goods sold, which limited profit growth.
In the first half of 2025, net profit went up by 32.2% to $544.8 million (SAR 2.04 billion). Revenue for the same period rose by 22.4% to $1.7 billion (SAR 6.3 billion), thanks to a 13% increase in prices and 8% rise in sales volume.
On Sunday, the company’s share price increased by 2.58% to $31.8 (SAR 119.5) at around 1:00 PM AST.
About the Company
SABIC Agri-Nutrients, once called the Saudi Arabian Fertilizer Company, makes and sells agricultural nutrients like urea, ammonia, phosphates, and other chemicals. Its parent company, SABIC, owns 50.1% of it.
Possible IPO
In July, SABIC announced it may launch an initial public offering (IPO) for its other company, National Industrial Gases Company (GAS). This is part of a plan to review its business and focus more on its core operations.
Published: 28th July 2025
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