{
  "id": 17926042,
  "title": "BCI Triples Nine-Month Profit to 38.36M SAR",
  "url": "https://urgent.news/2026/11/03/bci-triples-nine-month-profit-to-38-36m-sar",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-03T07:08:23.000Z",
  "source": {
    "name": "The Saudi Standard",
    "slug": "the-saudi-standard",
    "url": "https://saudistandard.com/2026/11/03/bci-triples-nine-month-profit-38-million-sar/"
  },
  "original_language": "en",
  "account": "Riyadh, Saudi Arabia — Basic Chemical Industries (BCI) has reported a significant nine-month net profit surge to 38.36 million SAR, marking a 252% increase compared to the previous year's 10.9 million SAR. The rise is attributed to higher sales across various segments, lower finance costs, and a gain from the disposal of assets. The company's revenue for the nine-month period, ending September 30, 2026, saw a 10.1% increase to 594.82 million SAR. Quarterly data shows that BCI earned 15.48 million SAR in Q3 2026, a 58% increase from 9.8 million SAR in Q3 2025, although the profit for the quarter declined by 12% from 17.6 million SAR in Q2 2026. Quarterly revenue rose by 12.9% year-on-year and 8.9% sequentially, reaching 214.96 million SAR, with a gross profit of 51.28 million SAR and operating profit up by 27.1% to 28.51 million SAR. The quarter-over-quarter profit decline can be attributed to a drop in non-operating income.",
  "summary": "Riyadh, Saudi Arabia — Basic Chemical Industries (BCI) posted a nine-month net profit of 38.36 million SAR, up 252% from 10.9 million SAR a year earlier. Higher sales across most segments, lower finance costs, and a one-time asset disposal gain drove the surge. Revenue for the nine months ended 30 September 2026 rose 10.1% to […] The post BCI Triples Nine-Month Profit to 38.36M SAR appeared first…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}