Rabigh Refining and Petrochemical Company (TADAWUL:2380)

TADAWUL:2380 Income Statement

Financials in millions SAR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	36,235	39,349	44,604	55,952	45,638	21,870
Revenue Growth (YoY)	-4.05%	-11.78%	-20.28%	22.60%	108.68%	-35.79%
Cost of Revenue	37,466	40,352	45,215	54,356	40,959	22,862
Gross Profit	-1,231	-1,003	-610.83	1,597	4,679	-991.77
Selling, General & Admin	1,551	1,669	2,085	1,685	1,638	1,500
Other Operating Expenses	-133.85	-105.96	-102.89	-102.15	-155.49	-60.46
Operating Expenses	1,417	1,563	1,982	1,583	1,483	1,439
Operating Income	-2,648	-2,567	-2,593	13.22	3,196	-2,431
Interest Expense	-1,647	-2,175	-2,181	-1,303	-1,076	-1,492
Interest & Investment Income	21.05	20.52	27.04	280.29	175.88	201.66
Other Non Operating Income (Expenses)	-20.65	-20.65	-36.51	-56.36	7.29	-13.43
EBT Excluding Unusual Items	-4,295	-4,742	-4,783	-1,066	2,303	-3,735
Gain (Loss) on Sale of Assets	-4.34	-4.34	-10.38	-0.99	-3.44	-4.67
Pretax Income	-4,299	-4,746	-4,793	-1,067	2,299	-3,739
Income Tax Expense	-227.32	-201.51	-100.25	47.95	262.53	41.69
Net Income	-4,072	-4,545	-4,693	-1,115	2,037	-3,781
Net Income to Common	-4,072	-4,545	-4,693	-1,115	2,037	-3,781
Shares Outstanding (Basic)	1,671	1,671	1,671	1,405	876	876
Shares Outstanding (Diluted)	1,671	1,671	1,671	1,405	876	876
Shares Change (YoY)	-	-	18.96%	60.31%	-	-0.00%
EPS (Basic)	-2.44	-2.72	-2.81	-0.79	2.32	-4.32
EPS (Diluted)	-2.44	-2.72	-2.81	-0.79	2.32	-4.32
Free Cash Flow	1,547	3,306	-2,651	3,663	4,840	-1,405
Free Cash Flow Per Share	0.93	1.98	-1.59	2.61	5.52	-1.60
Gross Margin	-3.40%	-2.55%	-1.37%	2.85%	10.25%	-4.54%
Operating Margin	-7.31%	-6.52%	-5.81%	0.02%	7.00%	-11.12%
Profit Margin	-11.24%	-11.55%	-10.52%	-1.99%	4.46%	-17.29%
Free Cash Flow Margin	4.27%	8.40%	-5.94%	6.55%	10.61%	-6.42%
EBITDA	-773.4	-125.83	-129.95	2,298	5,625	6.22
EBITDA Margin	-2.13%	-0.32%	-0.29%	4.11%	12.32%	0.03%
D&A For EBITDA	1,875	2,441	2,463	2,285	2,429	2,437
EBIT	-2,648	-2,567	-2,593	13.22	3,196	-2,431
EBIT Margin	-7.31%	-6.52%	-5.81%	0.02%	7.00%	-11.12%
Effective Tax Rate	-	-	-	-	11.42%	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.