Rabigh Refining and Petrochemical Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was SAR 12,647.46 million compared to SAR 12,644.86 million a year ago. Net loss was SAR 1,145.08 million compared to SAR 1,413.45 million a year ago. Basic loss per share from continuing operations was SAR 0.69 compared to SAR 0.86 a year ago. Diluted loss per share from continuing operations was SAR 0.69 compared to SAR 0.86 a year ago.
For the nine months, sales was SAR 34,309.76 million compared to SAR 45,146.49 million a year ago. Net loss was SAR 3,305.24 million compared to net income of SAR 696.04 million a year ago. Basic loss per share from continuing operations was SAR 1.98 compared to basic earnings per share from continuing operations of SAR 0.53 a year ago. Diluted loss per share from continuing operations was SAR 1.98 compared to diluted earnings per share from continuing operations of SAR 0.53 a year ago.