SABIC to present financial results for Q2 2026 next Thursday

Logo of Saudi Basic Industries Corporation – SABIC, which is preparing to announce its financial results for the second quarter.

SABIC is one of the largest petrochemical companies in the world, and its shares are traded on the Saudi Stock Exchange.

SABIC announced it will hold an online conference to present its financial results for Q2 2026 on July 30, 2026, at 3:30 PM local time. The company stated in a statement reported by Argaam that the conference will be led by CEO Faisal Al-Faqeer and Executive Vice President of Finance Salah Al-Huraiki. Analysts' estimates indicate that SABIC will achieve net profits of SAR 589.02 million in Q2, after recording losses of SAR 4.1 billion in the same quarter last year due to exceptional items.

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SABIC had recorded significant losses in the comparable quarter last year due to exceptional provisions and expenses. Analysts expect results to improve markedly in Q2 2026, with average expectations of net profit of SAR 589 million. The meeting will be broadcast online, allowing investors to follow the details. The market is focusing on SABIC's performance as an indicator of the petrochemical sector in the region. The results are expected to highlight the impact of economic conditions on the industry.