SABIC Q2 Net Income Surges to SAR 500 Million on 3 Percent Sales Rise Board Approves SAR 4.5 Billion Dividend

SABIC, the global diversified chemical leader, posted an adjusted net income of SAR 500 million (about RMB 960 million) for the second quarter of 2025, a sharp turnaround from a SAR 100 million loss in Q1—an improvement of SAR 555 million. Quarterly sales climbed to SAR 35.6 billion (RMB 68.1 billion), up 3% from the previous quarter, while total product volume reached 11.78 million tons, also up 3%.

Increased licensing and engineering service revenues helped offset a decline in average product prices. The company’s health, safety, and environment incident rate dropped to 0.07 in H1, marking the lowest level in a decade and outperforming global industry standards.

At the Riyadh Q2 briefing, CEO Al-Fageeh announced a SAR 4.5 billion interim dividend for H1 2025, highlighting SABIC’s focus on maximizing shareholder returns and maintaining robust financial health. The Board also discussed ongoing business transformation, including the closure of the UK Teesside cracker and strategic options for the Saudi National Industrial Gases Company, such as a potential IPO.

SABIC’s subsidiary, Arabian Petrochemical Company, is progressing with its 1 million ton/year MTBE project—over 95% completed and set for trial operation in Q3 2025. Meanwhile, the Fujian integrated petrochemical complex in China is advancing steadily, underpinning SABIC’s growth ambitions in Asia.

Al-Fageeh reiterated the company’s commitment to operational efficiency, sustainable value, and long-term resilience, as SABIC continues to enhance its business model for future growth and competitiveness.