In the first half of 2021, Saudi Chemical Co. saw its net profit go down.
Net profits after Zakat and tax dropped by 12.8% year-on-year at SAR68.1 million (USD18.2 million).
Earnings per share (EPS) also dipped at SAR0.81 (USD0.216) compared to SAR0.93 (USD0.248).
Revenues climbed by 12.78% annually to SAR1.86 billion (USD0.496).
In the second quarter of the year, profits plunged by 32% year-on-year at SAR27.26 million (USD7.27 million).
In the first quarter, revenues grew by 4.7% from the year-ago period to SAR899.9 million (USD240.27 million).
