SABIC Agri-Nutrients Co. announced a nearly 30 percent increase in its annual profit following stronger fertilizer prices and improved associate income, which boosted earnings.
A filing on Tadawul reported that net income surged to SR4.32 billion ($1.15 billion) in 2025, up 29.91 percent from a year earlier. Revenue increased 18.23 percent to SR13.07 billion.
The company has credited the escalation in profitability to improvement in sales, which was largely attributed to an increase in the average selling prices of the majority of the company’s products. The profit growth was also backed by a higher share of results from an associate and a joint venture.
The company said in a statement, “The year of 2025 saw average selling prices increase by 16 percent while sales volumes increased by 2 percent compared to the previous year. This resulted in revenue increasing by 18 percent.”
Its improved performance increased the shareholders’ equity after minority interest to SR21.20 billion on December 31, 2025, compared with SR18.47 billion at the end of 2024. The board announced a cash dividend of 35 percent or SR3.5 per share.
In a separate statement, SABIC Agri-Nutrients reported that its board approved the merger of its wholly owned subsidiary, National Chemical Fertilizer Co., also referred to as Ibn Al-Baytar, into the parent company.
The company stated, “This merger aims to strengthen SABIC Agri-Nutrients’ structure and achieve greater efficiency by accelerating company activities and reducing certain costs.”
It further added, “There is no material financial impact resulting from this merger. Any material developments will be announced.”
