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الاقتصادية
SABIC faces margin squeeze amid falling quantities
Sabic's results for the second quarter of the year indicate a decline in profits due to a 33% drop in sales volumes caused by supply chain disruptions and decreased delivery capacity to markets, despite a 41% increase in selling prices driven by shortages and supply disturbances. The company was unable to achieve profits, as profit margins remained weak due to rising costs, especially logistics, and adjusted earnings turned into losses. Operating profits fell to their lowest level since the start of 2024. Although the financial position was supported by a reduction in debt, Sabic's performance needs to improve through stabilizing volume and margin levels and achieving positive cash flows, alongside continued investments in new expansion projects to ensure future growth.
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