Saudi Basic Industries Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SAR 39,693.36 million compared to SAR 52,641.59 million a year ago. Net income was SAR 656.91 million compared to SAR 6,474.95 million a year ago.

Basic earnings per share from continuing operations was SAR 0.22 compared to SAR 2.16 a year ago.