Chemical profits increased to 87.2 million riyals in the third quarter
The profits of the Saudi Chemical Holding Company in the third quarter of 2025 increased by 19.5% to 87.2 million riyals, compared to 72.9 million riyals in the same quarter of last year.
According to the company’s statement on the website "Saudi Arabia trading"The reason for the increase in net profit is mainly due to an increase in profit from operating operations as a result of an increase in sales volume and a decrease in losses from investment in a joint project and from the revaluation of derivative financial instruments to cover the risks associated with commission rates.
This came despite the increase in financing expenses and operating expenses, which are in line with the group’s strategic plans and future directions for growth.
The reason for the increase in net profit is mainly due to an increase in profit from operating operations as a result of an increase in sales volume and a decrease in the allowance for impairment of trade receivables.
According to Statement: The reason for the increase in net profit is mainly due to the increase in gross profit as a result of the increase in sales volume and the decrease in losses from investment in a joint project and from the revaluation of derivative financial instruments to cover the risks associated with commission rates.
This came despite the increase in financing expenses and operating expenses, which are in line with the group’s strategic plans and future directions for growth.
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