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Rabigh Refining and Petrochemical Co. 2022 Annual Results

Revenue

SAR 54.27B

Net Profit

SAR -1.11B

Rabigh Refining and Petrochemical Co. (2380) reported full year 2022 revenue of SAR 54.27B, up 32.8% from SAR 40.88B in 2021. Net profit came in at SAR -1.11B, down 154.7% year on year. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2022	2021
Revenue	SAR 54.27B	SAR 40.88B
Net Profit	SAR -1.11B	SAR 2.04B
Gross Profit	SAR 1.68B	SAR 4.76B
Net Margin	-2.0%	5.0%
ROE	-7.3%	24.5%
Total Assets	SAR 65.58B	SAR 73.36B
Total Equity	SAR 15.25B	SAR 8.31B

Year on Year Comparison

Revenue increased by 32.8% compared to 2021. Net profit decreased by 154.7%. Revenue grew but profit declined — suggesting margin pressure.

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Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2023-03-19.