The profits of “Yanbil” decreased to 13.7 million riyals in the first quarter of 2025

The profits of Yanbu National Petrochemical Company (Yanbil) decreased in the first quarter of 2025 by 86.2% to 13.7 million riyals, compared to 99.5 million riyals in the same quarter of last year.
According to the company’s statement on Saudi Arabia’s circulation, the reason for the net profit is mainly due to the decrease in the average selling prices for all products from its level in the same quarter, in addition to the high cost of some production inputs.
Note that the company had previously announced that it had received a notice of increasing the prices of the values, as announced on the Saudi Stock Exchange website (Tadawul) on January 02, 2025 AD.
The reason for achieving a net profit is due to the high average selling prices for most products, despite the high cost of the prices of some valuable materials.
Note that the company had previously announced that it had received a notice of increasing the prices of the values, as announced on the Saudi Stock Exchange website (Tadawul) on January 02, 2025 AD.