Saudi Industrial Investment Group Reports SAR 104 Million Loss in 2025

Riyadh – EcoPulse24

Saudi Industrial Investment Group (SIIG) announced its preliminary financial results for the fiscal year ended December 31, 2025, posting a net loss of SAR 104 million, compared to a net profit of SAR 201 million for the same period in 2024.

Annual Financial Performance

The company recorded an operating loss of SAR 156 million versus an operating profit of SAR 115 million the previous year. Total comprehensive income dropped to a loss of SAR 116 million, down from a positive SAR 189 million in 2024.

Shareholders’ equity decreased by 12.58% to SAR 8.598 billion, compared to SAR 9.835 billion at the end of 2024. Earnings per share declined to a loss of SAR 0.15, from earnings of SAR 0.27 per share last year.

Fourth Quarter Performance

In Q4 2025, SIIG posted a net loss of SAR 150 million, compared to a net profit of SAR 11 million in Q4 2024. The quarter’s operating loss reached SAR 196 million, up 120.22% from an operating loss of SAR 89 million in the same period last year.

Reasons for the Decline

The company attributed the negative results mainly to reduced profit share from its joint ventures (S-Chem), due to lower average product sales prices and higher energy costs, despite improved sales volumes during the period.

The scheduled maintenance shutdown at its jointly managed Saudi Chevron Phillips project also adversely impacted financial results.

Zakat Provisions

Reversed zakat provisions for prior years totaled SAR 42 million in 2025, compared to SAR 99 million in 2024. The zakat expense for 2025 decreased to SAR 12 million from SAR 41 million in 2024, mainly due to:

• Capital reduction by SAR 755 million
• Treasury shares buyback of SAR 200 million
• Dividend distributions of SAR 167 million

These actions significantly reduced the zakat base.

Positive Accounting Developments

The company stated that its joint venture management reassessed the useful life of fixed assets based on technical and consultancy reports. As a result, depreciation expenses for joint ventures will decrease from January 1, 2026, positively impacting future results.

Key Notes

SIIG uses the equity method to account for investments in jointly managed entities, so financial items such as sales/revenues and gross profit do not appear in its profit or loss statement.

The auditor issued an unmodified opinion on the financial statements, with no material reservations or comments.

Stock Performance

SIIG shares (ticker: 2250) closed Wednesday, February 5, 2026, down 4.27%.

Last updated: February 5, 2026 – 08:11 a.m. Riyadh time

Source: Saudi Stock Exchange (Tadawul)

Disclaimer: The information provided in this report is sourced from the company’s official disclosures on the Saudi Stock Exchange. EcoPulse24 assumes no responsibility for the accuracy or completeness of the information.