An overview of SABIC sales, income from operations, net income for the year, assets, equity and liabilities and cash flows.
SABIC’s sales revenue in 2020 was SAR 116,949 million, a decrease of SAR 18,447 million or 14%, compared to SAR 135,396 million in 2019, due to sharply lower average sales prices across key products; whereas the overall sales volume increased by 1%.
Sales revenue for Petrochemicals and Specialties amounted to SAR 101,845 million, which represents 87% of total SABIC revenues, decreased by SAR 15,643 million or 13% compared to 2019; while the sales volume increased by 1%. Agri-nutrients sales revenues amounted to SAR 6,119 million in 2020, a decrease by SAR 1,000 million or 14%; whereas sales volume increased by 7%.
Hadeed sales revenues amounted to SAR 8,986 million, a decrease by SAR 1,805 million or 17%, and the sales volume by 5% compared to 2019.
2020 Sales by geography (%)
*Includes sales made by certain subsidiaries to their foreign shareholders and sales in other countries.
rest of Asia