Saudi Kayan Petrochemical Company reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was SAR 3,565.1 million compared to SAR 2,476.95 million a year ago. Net income was SAR 452.58 million compared to SAR 158.42 million a year ago. Basic earnings per share from continuing operations was SAR 0.3 compared to SAR 0.11 a year ago.
For the full year, sales was SAR 12,656.21 million compared to SAR 8,007.33 million a year ago. Net income was SAR 2,392.79 million compared to net loss of SAR 784.73 million a year ago. Basic earnings per share from continuing operations was SAR 1.6 compared to basic loss per share from continuing operations of SAR 0.52 a year ago.