SABIC Agri-Nutrients' Profits Surge in 2025, Driven by Higher Prices

SABIC Agri-Nutrients saw its net profit jump by 30% in 2025, reaching 4.3 billion riyals ($1.1 billion), compared to 3.3 billion riyals ($880.5 million) in the previous year.

The Saudi Arabian company attributed the profit surge to increased sales resulting from higher average selling prices for most products, alongside an increased share in the results of an associate company and joint venture. These gains were partially offset by a rise in zakat provisions, the company noted in a statement on the Saudi stock exchange (Tadawul).

Sales for SABIC Agri-Nutrients rose by 18% to 13 billion riyals ($3.47 billion), up from 11 billion riyals ($2.9 billion) in 2024, boosted by higher sales volumes, according to the company statement.

In a separate announcement, SABIC Agri-Nutrients' board of directors approved a plan to merge with the National Chemical Fertilizer Company (Ibn Al-Baytar), which is wholly owned by SABIC Agri-Nutrients. Following the completion of the merger, Ibn Al-Baytar will be dissolved.

The company intends to convene an extraordinary general assembly to secure approval for the merger and to meet all relevant regulatory requirements. SABIC Agri-Nutrients stated that the merger aims to strengthen its overall structure and achieve greater efficiency by streamlining operations and reducing certain costs.

The company clarified that the merger is not expected to have a material financial impact.