Losses of Kayan Saudi Arabia Petrochemical Company widened in the second quarter of 2026 by 35.5% to 672.7 million riyals, compared to losses of 496.3 million riyals in the same quarter last year.

According to the company's statement on the Saudi Stock Exchange (Tadawul) website, the increase in net loss during the current quarter compared to the same quarter last year is due to higher average cost of some production inputs and lower sales volumes.

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The increase in net loss during the current quarter compared to the previous quarter is due to the higher average cost of some production inputs. According to the company's statement, the increase in net loss during the current period compared to the same period last year is due to lower sales volumes and higher average cost of some production inputs, in addition to higher logistics costs, despite higher average product selling prices and lower general and administrative expenses.