Riyadh – Mubasher: Sadara Basic Services Company, a joint-stock subsidiary of the Sadara Chemical Company, reported 39.37% year-on-year (YoY) higher net losses after tax at SAR 3.53 billion in the first half (H1) of 2026.
The revenues fell by 49.63% YoY to SAR 2.55 billion at the end of June 2026 from SAR 5.08 billion, while the loss per share deepened to SAR 0.99 from SAR 0.71.
In the second quarter (Q2) of 2026, the company’s losses reached SAR 1.90 billion, an annual leap of 53.67% from SAR 1.24 billion.
Quarterly, the Q2-26 net losses climbed by 17.81% from SAR 1.62 billion in Q1-26.
