Saudi Basic Industries Corporation

Saudi Stock Exchange 2010.SR

Saudi Basic Industries Corporation Revenue for the year ending December 31, 2023: USD 37.69 B

Saudi Basic Industries Corporation Revenue is USD 37.69 B for the year ending December 31, 2023, a -28.53% change year over year. Revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.
  • Saudi Basic Industries Corporation Revenue for the year ending December 31, 2022 was USD 52.73 B, a 13.36% change year over year.
  • Saudi Basic Industries Corporation Revenue for the year ending December 31, 2021 was USD 46.52 B, a 49.45% change year over year.
  • Saudi Basic Industries Corporation Revenue for the year ending December 31, 2020 was USD 31.12 B, a -16.32% change year over year.
  • Saudi Basic Industries Corporation Revenue for the year ending December 31, 2019 was USD 37.19 B, a -17.38% change year over year.
Key data
Date Revenue Gross Profit Operating Income EBIT
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Saudi Stock Exchange: 2010.SR

Saudi Basic Industries Corporation

CEO Engineer Abdulrahman Saleh Al-Fageeh
IPO Date March 3, 2010
Location Saudi Arabia
Headquarters PO Box 5101
Employees 34,000
Sector Industrials
Industries
Description

Saudi Basic Industries Corporation manufactures, markets, and distributes chemicals, polymers, plastics, agri-nutrients, and metal products worldwide. The company operates through Petrochemicals & Specialties, Agri-Nutrients, and Metals (Hadeed) segments. It offers polymers, such as acrylonitrile butadiene styrene, acrylonitrile styrene acrylate, carbon black, ethylene vinyl acetate, polyamide, polybutylene terephthalate, polycarbonate, polycarbonate/acrylonitrile-butadiene-styrene, polyethylene terephthalate, polymethyl methacrylate, polyoxymethylene, polypropylene, polystyrene, polyethylane, polyvinyl chloride, and synthetic rubbers. The company also provides engineering thermoplastic resins and compounds, composites, thermosets and additives, copolymers, and additive manufacturing solutions. In addition, it offers chemicals, including aromatics, chlor-alkali, ethanolamines, ethoxylates, ethyleneamines, glycols, linear alpha olefins, natural detergent alcohol, olefins and gases, OXO alcohols and performance monomers, and oxygenates. Further, the company provides fertilizers comprising urea, ammonia, and a portfolio of nitrogen-based inorganic products; produces steel products, such as hot and cold rolled flat, concrete reinforcing bars, wire rod coils, light sections, and steel billets products; operates e-business portal for sales; and offers color services under the ColorXpress name, as well as engineering services. It serves agriculture, automotive, building and construction, consumer, electrical and electronics, healthcare, industrial, mass transportation, and packaging industries. The company was incorporated in 1976 and is headquartered in Riyadh, Saudi Arabia. Saudi Basic Industries Corporation operates as a subsidiary of Aramco Chemicals Company.

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StockViz Staff

January 15, 2025

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