Yanbu National Petrochemical (2290) investor relations material

Executive summary

• Significant improvement in financial performance for the six months ended 30 June 2026, driven by higher selling prices of petrochemical products and increased revenues and gross margins, partially offset by higher feedstock costs.

• Net income for the six-month period rose to SAR 270 million from SAR 58 million year-over-year; three-month net income was SAR 259 million versus SAR 45 million in the prior year.

• Total comprehensive income for the six-month period reached SAR 282 million, up from SAR 62 million year-over-year.

Financial highlights

• Revenues for the six-month period increased to SAR 3.20 billion from SAR 2.91 billion year-over-year; three-month revenues were SAR 1.88 billion versus SAR 1.39 billion.

• Gross profit for the six months was SAR 687 million, up from SAR 339 million year-over-year.

• Basic and diluted EPS for the six months was SAR 0.48, compared to SAR 0.10 year-over-year.

• Cash and cash equivalents at period end were SAR 562 million, up from SAR 175 million at year-end 2025.

• Total assets stood at SAR 13.24 billion as of 30 June 2026.

Outlook and guidance

• Management continues to monitor risks from ongoing geopolitical conflict in the Middle East, which may impact future financial performance, especially if disruptions to transport routes or feedstock supply persist.

• The company expects continued volatility and uncertainty in market conditions and is actively mitigating exposures.