SABIC has announced its second quarter earnings figures for 2022. With a net income of $2.04 billion in the second quarter of 2021, the company's second-quarter revenue increased by 6% and annual revenue by 32% compared to the previous quarter. Second-quarter net income reached $2.11 billion.
Yousef Abdullah Al-Benyan, SABIC Vice President and Chief Executive Officer, said: "Our commitment to sustainability and innovation is evident by winning two silver and three bronze awards at the prestigious Edison Awards. These awards also help us achieve our long-term goal of carbon neutrality by 2050. It also reflects our commitment.” he said.
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