Advanced Petrochemical Company reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was SAR 626.87 million compared to SAR 866.31 million a year ago. Net income was SAR 42.69 million compared to SAR 164.35 million a year ago.

Basic earnings per share from continuing operations was SAR 0.165 compared to SAR 0.632 a year ago.