Riyadh – Mubasher: The net profits after Zakat and tax of SABIC Agri-Nutrients Company hiked by 132.38% to SAR 2.465 billion during the first nine months of 2021 from SAR 1.06 billion in the year-ago period.

The company generated revenues of SAR 5.552 billion in the January-September period of 2021, up 116.95% from SAR 2.56 billion in the same period of 2020, according to a bourse filing on Wednesday.

The earnings per share (EPS) settled at SAR 5.18 in the first nine months of 2021, versus SAR 2.55 in the corresponding period of the earlier year.

During the third quarter (Q3) of 2021, the company's net profits amounted to SAR 1.206 billion, up 203.49% from SAR 397.53 million in the same quarter of 2020.

It is noteworthy to mention that during the first half (H1) of 2021, the company's net profits after Zakat and tax worth SAR 1.25 billion, an increase of 89.7% from SAR 638.25 million in H1-20.