Money and business

The profits of “Advanced” jump 95% to 82 million riyals in the second quarter


The profits of the advanced company for petrochemicals increased in the second quarter of 2025 by 95.2% to 82 million riyals, compared to 42 million riyals in the same quarter of last year. />
Noting that no losses were recorded during the current quarter as a result of a dedicated registration of a decrease in the value of the investment in SA Ki Adfands during the previous year, while the share of losses from investing in SA Ki Advanced was 33 million riyals during the same quarter of the previous year. The purchased probelline by 8% and 20%, respectively. The value of the investment in SK Advanz during the previous year, while the share of the losses of investing in the SAK IDFNDS company was 67 million riyals during the similar period of the previous year. "Probelin Factory" Design production capacity of 843,000 tons annually from propylene, and polypropylene production manufacturers "Polypropylene manufacturers" A total designer production capacity of 800,000 tons annually, through the developed company of the Ullevin Industry Industry "Advanced urine ovelins"In the industrial city of Jubail. 2025.

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