Rabigh Refining and Petrochemical Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 04:01 pm EDT
Rabigh Refining and Petrochemical Company reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SAR 10,681.8 million compared to SAR 18,100.01 million a year ago. Net loss was SAR 1,196.05 million compared to net income of SAR 1,384.73 million a year ago. Basic loss per share from continuing operations was SAR 0.72. Diluted loss per share from continuing operations was SAR 0.72.
For the six months, sales was SAR 21,662.31 million compared to SAR 32,501.63 million a year ago. Net loss was SAR 2,160.16 million compared to net income of SAR 2,109.49 million a year ago. Basic loss per share from continuing operations was SAR 1.29. Diluted loss per share from continuing operations was SAR 1.29.