SABIC EGM approves transferring SAR 110.9B general reserve to retained earnings

Shareholders of Saudi Basic Industries Corporation (SABIC) approved transferring SAR 110.9 billion from the general reserve to the retained earnings account, based on the 2024 consolidated financial statements and the financials for the period ended Sept. 30, 2025.

The approval was granted at an extraordinary general meeting held on Dec. 31, 2025, according to a statement to Tadawul.

SABIC's retained earnings amounted to SAR 28.1 billion as per the preliminary financials for the period ended on Sept. 30, 2025, according to Argaam data.