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2026-11-01T05:54:52.663Z

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Chemical profits fall 26%

Chemical profits fall 26%

Saudi Chemical Holding Company’s net profit fell 25.96% year on year in the third quarter of 2026 to SAR 64.59 million, compared with SAR 87.24 million. Revenue declined 5.06% to SAR 1.7 billion due to lower sales volumes. The company attributed the drop in profit to lower sales and higher raw material and shipping costs, as well as an increase in the zakat and tax provision.

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