Riyadh – Mubasher: SABIC Agri-Nutrients Company generated a net profit of SAR 2.09 billion for the first nine months (9M) of 2026, marking a 37.34% decline from SAR 3.33 billion in 9M-25.

The company attributed the downturn to lower sales volumes and increased selling and distribution expenses caused by geopolitical challenges affecting supply chains.

Total shareholders' equity stood at SAR 20.08 billion at the end of September 2026, up 1.90% from a year earlier. Earnings per share (EPS) hit SAR 4.39, down from SAR 7 in 9M-25.

For the third quarter (Q3) of 2026, the net profit reached SAR 484 million, lower by 62.48% than SAR 1.29 billion in Q3-25.

Revenue for the period fell by 8.57% to SAR 3.22 billion. The company noted that while supply chain disruptions persisted, it mitigated impacts by utilizing alternative shipping routes through Red Sea ports, including Yanbu and NEOM.

On a quarterly basis, performance showed signs of recovery as net profit rose by 27.70% from SAR 379 million in Q2-26.

This sequential growth was driven by a 33.55% increase in revenues as the company cleared stalled shipments and optimized sales volumes via the Kingdom’s western coast.

In the first half (H1) of 2026, SABIC Agri-Nutrients' net profit reached SAR 1.60 billion, down 21.43% from SAR 2.04 billion in H1-25.