Advanced Petrochemical: Advanced Petrochemical Company Reports Earnings Results for the First Quarter Ended March 31, 2024

Advanced Petrochemical Company reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was SAR 321.23 million compared to SAR 626.87 million a year ago. Net loss was SAR 58.37 million compared to net income of SAR 42.69 million a year ago. Basic loss per share from continuing operations was SAR 0.226 compared to basic earnings per share from continuing operations of SAR 0.165 a year ago. Diluted loss per share from continuing operations was SAR 0.226 compared to diluted earnings per share from continuing operations of SAR 0.165 a year ago.