Saudi Basic Industries Corporation reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was SAR 141,537.19 million compared to SAR 183,076.59 million a year ago. Net loss was SAR 2,772.28 million compared to net income of SAR 16,529.72 million a year ago.

Basic earnings per share from continuing operations was SAR 0.43 compared to SAR 5.26 a year ago. Basic loss per share was SAR 0.92 compared to basic earnings per share of SAR 5.51 a year ago.