Investor Relations
SABIC’s status
SABIC is the largest and most reliably profitable public company in the Middle East. All our financial policies are designed to help us achieve our objective of becoming a leading global petrochemicals company. And it is thanks to our reputation as a dynamic, ambitious and reliable supplier of high-quality products and services that we deliver value to our shareholders. Our core financial policy across all operations is to streamline financial procedures, increasing efficiency and reducing costs, without compromising quality.
By means of innovation and research into new technologies, and by constantly expanding into new markets, we are now consolidating our position in the petrochemical industry. We are on our way to becoming the world’s leading company in our field.
Performance
The figures speak for themselves. In 2007, shareholders’ equity rose to SR 91 billion (US$24.3 billion), a 25% increase over the figure for 2006. Our net profits reached SR 27 billion (US$7.2 billion), an increase of 33% on 2006. We are now the fifth largest petrochemical company in the world.
Communication with investors
Our global growth strategy and tight management practices mean that the future is looking bright for SABIC. We are thankful to our shareholders for the confidence they have in us, and we believe in transparent and open communication with them. You can see our most recent annual report in the Publications section of the site, for the most detailed information on the last financial year. For up-to-the-minute information please see the News page.