SABIC’s Q2 2022 revenue grows 32% y/y to USD14.90 billion

Financial results

Net income for the quarter increased 3.79% y/y to SAR7.93 billion

Saudi Basic Industries Corporation (SABIC) has reported second quarter 2022 revenue at SAR55.98 billion (USD14.90 billion) with a year-on-year (y/y) increase of 32% from the first quarter of 2021, according to a filing by the company on 9 August.

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