Saudi: Advanced Petrochemical shifts to profitability in H1-25; net profit leaps 95% in Q2
The company posted earnings per share (EPS) of SAR 0.593 as of 30 June 2025, versus a loss per share worth SAR 0.065 in the same period a year earlier, according to the estimated financial results.
Advanced Petrochemical generated revenue amounting to SAR 1.31 billion during the January-June 2025 period, marking a 35.36% increase from SAR 970 million in H1-24.
During the second quarter (Q2) of 2025, Advanced Petrochemical recorded a 95.23% annual growth in net profit to SAR 82 million compared with SAR 42 million in Q2-24.
The revenue also increased by 7.55% to SAR 698 million in Q2-25 from SAR 649 million in Q2-24.
On a quarterly basis, the Q2-25 net profits were 13.88% higher than SAR 72 million in Q1-25 and the revenue rose by 13.68% from SAR 614 million.
It is worth noting that Advanced Petrochemical turned to profits in Q1-25 against losses in Q1-24 and on a quarterly basis, as well, in comparison with Q4-24.
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