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الاقتصادية
Western Coast Boosts Yansab Profits
The results of the petrochemical companies listed on the Saudi Market "TASI" showed significant variation in the second quarter of 2026. "Yansab" achieved a 482% increase in net profits, reaching 259 million riyals, thanks to its strategic location in Yanbu, which ensured steady supplies and helped avoid geopolitical conflicts. Meanwhile, both "Sipkim" and "Kayan" recorded substantial losses; "Sipkim" lost 592 million riyals, marking a 250% increase in losses due to inventory buildup caused by supply chain disruptions and rising raw material prices. Similarly, "Kayan" reported a loss of 673 million riyals, driven by higher production costs and declining sales.
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