Riyadh – Mubasher: Basic Chemical Industries Company (BCI) witnessed 251.93% higher profits at SAR 38.36 million in the first nine months (9M) of 2026, compared to SAR 10.90 million.
BCI attributed the growth to a 10.05% increase in total revenues, which hit SAR 594.82 million. Earnings per share (EPS) improved to SAR 1.40 from SAR 0.40 in the prior-year period.
The performance was boosted by a SAR 27.96 million rise in basic chemical sales and a SAR 16.19 million increase in adhesives sales. Operating profit for the nine-month period climbed 40.77% to SAR 69.40 million.
In the third quarter (Q3) of 2026, the company’s net profit climbed by 57.96% to SAR 15.48 million from SAR 9.80 million in Q3-25. Revenue grew 12.89% to SAR 214.96 million.
The company noted that while sales increased compared to Q2-26, net profit fell 12.05% sequentially from SAR 17.60 million due to higher cost of sales and a decrease in non-operating income.
Total shareholders' equity stood at SAR 628.56 million as of 30 September 2026.
