Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) achieved a net profit after Zakat and tax worth SAR 2.03 billion in 2021, against losses of SAR 3.78 billion in 2020.

The company’s revenues increased by 108.67% to SAR 45.63 billion in 2021 from SAR 21.87 billion in 2020, according to the financial results on Wednesday.

Moreover, the earnings per share (EPS) was SAR 2.32 last year, versus losses per share of SAR 4.32 in 2020.

It is worth noting that during the first nine months (9M) of 2021, Petro Rabigh turned to profits of SAR 1.58 billion, versus losses worth SAR 3.84 billion in 9M-20.