Rabigh Refining and Petrochemical Co (2380)

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News

24 August 01:17 PM Petro Rabigh announces new CEO following Al Ghamdi resignation

Riyadh — Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) announced the resignation of its President and CEO, Othman bin Ali Al Ghamdi, as of 31 August 2026. Al Ghamdi stepped down due to personal circumstances but will continue …

Company News

27 July 10:57 AM Petro Rabigh’s net profits reach SAR 4.1bn in H1-26

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) generated a net profit of SAR 4.13 billion for the first half (H1) of 2026, reversing a net loss of SAR 2.06 billion recorded during the same period in 2025. The company …

Company News

8 July 02:10 PM Petro Rabigh shares up 2.5% following OGM results

Riyadh - Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) is currently trading at 14.05 SAR, representing a 2.55% increase during today's session on the Saudi Exchange (Tadawul). The stock is currently featuring among the top …

Company News

27 April 12:32 PM Petro Rabigh’s accumulated losses hit SAR 2.4bn at end-March 2026

Riyadh - Mubasher: The accumulated losses of Rabigh Refining and Petrochemical Company (Petro Rabigh) reached SAR 2.46 billion, accounting for 14.77% of its SAR 16.70 billion capital, as of 31 March 2026. This brings the company’s accumulated …

Financial Results

26 April 01:32 PM Petro Rabigh turns profitable at SAR 1.4bn amid 32% higher revenue in Q1-26

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) has registered net profits to the owners worth SAR 1.46 billion in the first quarter (Q1) of 2026, shifting from net losses of SAR 691 million in Q1-25. The earnings per …

Financial Results

10 March 02:21 AM Petro Rabigh records lower net losses in 2025; Aramco, Sumitomo support turnaround strategy

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) incurred net losses worth SAR 3.89 billion in 2025, reflecting a 14.21% decrease from SAR 4.54 billion in 2024. The loss per share narrowed to SAR 2.33 in 2025 from SAR …

Financial Results

17 November 2025 01:58 PM Petro Rabigh’s accumulated losses decline to nearly 40% of capital as of October 2025

Riyadh - Mubasher: The accumulated losses of Rabigh Refining and Petrochemical Company (Petro Rabigh) reached SAR 8.77 billion, equivalent to 39.94% of its SAR 21.97 billion capital, as of 31 October 2025. The accumulated losses shrank from 51.29% …

Financial Results

11 November 2025 10:44 AM Petro Rabigh suffers SAR 3.2bn net losses in 9M-25; quarterly revenues leap 133%

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) incurred net losses valued at SAR 3.29 billion in the first nine months (9M) of 2025, down 12.56% year-on-year (YoY) from SAR 3.76 billion. The loss per share stood at SAR …

Financial Results

9 October 2025 10:30 AM Aramco becomes Petro Rabigh’s largest shareholder via $702m additional stake

Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) acquired an additional 22.50% shareholding in Rabigh Refining and Petrochemical Company (Petro Rabigh) from Sumitomo Chemical Corporation for $702 million, with a nominal value of SAR 7 per …

Mergers and Acquisitions

1 September 2025 00:16 PM Petro Rabigh unveils capital change to write off accumulated losses

Riyadh - Mubasher: The board of Rabigh Refining and Petrochemical Company (Petro Rabigh) recommended a SAR 5.26 billion capital increase, which will be followed by a 23.95% capital reduction. Both transactions aim to strengthen the company’s …

Board of Directors

7 August 2025 11:31 AM Petro Rabigh reports 16.5% lower net losses in H1-25

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh)suffered net losses valued at SAR 2.05 billion in the first half (H1) of 2025, an annual drop of 16.55% from SAR 2.46 billion. The revenues declined by 13.62% to SAR 15.54 …

Financial Results

13 May 2025 10:09 AM Petro Rabigh incurs SAR 691m losses in Q1-25; revenues hike 44%

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) reported an annual plunge of 49.37% in net loss to SAR 691 million during the first quarter (Q1) of 2025, compared to SAR 1.36 billion. The company’s revenues increased by …

Financial Results

19 March 2025 11:53 AM Petro Rabigh suffers lower losses at SAR 4.5bn in 2024

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) incurred net losses worth SAR 4.54 billion in 2024, an annual decline of 3.15% from SAR 4.69 billion. Revenues plummeted by 11.78% year-on-year (YoY) to SAR 39.34 billion …

Financial Results

15 September 2024 04:36 PM Petro Rabigh’s accumulates losses down to SAR 6bn

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) lowered its accumulated losses from 53.09% of share capital at the end of June 2024 to 36.16% as of 31 August. The company’s accumulated losses hit SAR 6.04 billion …

Financial Results

8 August 2024 10:00 AM Petro Rabigh announces H1-24 financials; Aramco to become largest shareholder

Riyadh – Mubasher: The net losses of Rabigh Refining and Petrochemical Company (Petro Rabigh) hiked by 14.12% year-on-year (YoY) to SAR 2.46 billion in the first half (H1) of 2024 from SAR 2.16 billion. The revenues amounted to SAR 17.99 billion …

Financial Results

4 June 2024 10:51 AM ACWA Power sells 30% of Rabigh IWSPP for SAR 844m

Riyadh – Mubasher: ACWA Power Company penned a deal to sell 30% of its shareholding in the Rabigh Arabian Water & Electricity Company (RAWEC) IWSPP to Hassana Investment Company. The parties sealed the share purchase agreement (SPA) on 3 June 2024 …

Companies Investments

14 May 2024 01:20 PM Petro Rabigh incurs SAR 1.3bn losses in Q1-24; accumulated losses hit 46.5% of capital

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) registered SAR 1.36 billion in net loss during the first quarter (Q1) of 2024, an annual leap of 41.59% from SAR 964 million. The revenues hit SAR 7.98 billion in the …

Financial Results

24 March 2024 02:41 PM Petro Rabigh’s loss deepens 321% YoY in 2023

Riyadh – Mubasher: The net loss of Rabigh Refining and Petrochemical Company (Petro Rabigh) surged 320.90% year-on-year (YoY) to SAR 4.69 billion in 2023 from SAR 1.11 billion. Revenues declined by 20.28% YoY to SAR 44.60 billion last year from …

Financial Results

17 January 2024 00:08 PM Petro Rabigh’s accumulated losses reached SAR 6.4bn

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) suffered accumulated losses totalling SAR 6.40 billion as of 31 December 2023, equivalent to 38.34% of the capital. Petro Rabigh attributed the registered losses to …

Financial Results

8 November 2023 05:49 PM Petro Rabigh unveils 9M-23 financials; accumulated losses hit SAR 5bn

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) shifted to net losses after Zakat and tax valued at SAR 3.30 billion in the first nine months (9M) of 2023. The losses were incurred against net profits amounting to SAR …

Financial Results

9 August 2023 10:45 AM Petro Rabigh shifts to SAR 2.16bn losses in H1-23; accumulated losses unveiled

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) turned to net losses after Zakat and tax worth SAR 2.16 billion in the first half (H1) of 2023, versus net profits of SAR 2.10 billion in H1-22. The revenues shrank by …

Financial Results

13 June 2023 01:13 PM Petro Rabigh’s accumulated losses hike to SAR 3.53bn

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) reported accumulated losses valued at SAR 3.53 billion, according to the unaudited financial results for May 2023. The accumulated losses represent 21.17% of the SAR 16.71 …

Financial Results

11 May 2023 00:42 PM Petro Rabigh unveils Q1-23 results; accumulated losses hit 16% of capital

Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) shifted to net losses after Zakat and tax valued at SAR 964 million in the first quarter (Q1) of 2023, against profits worth SAR 725 million in Q1-22. Petro Rabigh …

Financial Results

25 December 2022 05:48 PM Saudi Top for Trading rolls out SAR 100m project with Petro Rabigh

Riyadh – Mubasher: Saudi Top for Trading Company signed a memorandum of understanding (MoU) with Rabigh Refining and Petrochemical Company (Petro Rabigh) to establish a factory at a value of SAR 100 million. Of the total amount, SAR 60 million …

Companies Investments

14 December 2022 02:22 PM MIS inks tech contract with Petro Rabigh

Riyadh – Mubasher: Al Moammar Information Systems Company (MIS) penned a SAR 42.71 million agreement with Rabigh Refining and Petrochemical Company (Petro Rabigh) on 7 December 2022. Under the deal, MIS will handle the works of data centre …

Companies Investments