Sipchem Posts SAR 402 Million Loss in Q3

Sahara International Petrochemical Company (Sipchem) announced a net loss attributable to shareholders of SAR 402 million for Q3 2026. This compares with a loss of SAR 469 million in the same quarter last year, a 14% narrowing. The figures come from the company’s preliminary financial results for the nine-month period ended 30 September 2026, released today.

The operating loss for Q3 was SAR 178 million, compared with a loss of SAR 403 million in the same quarter of the previous year, a 56% decrease.

For the nine-month period, the net loss reached SAR 1.2 billion, compared with a loss of SAR 443 million in the same period last year, an increase of 173%.

Loss per share for the nine-month period was SAR 1.67, compared with a loss per share of SAR 0.61 in the same period last year.

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