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Business Performance

Despite challenging market conditions, a resilient free cash flow of SAR 14.0 Bn. (US$ 3.7 Bn.) allowed us to distribute SAR 11.4 Bn. (US$ 3.04 Bn.) in dividends to our shareholders for 2023, maintaining a stable dividend yield. The optimization of our company portfolio with a focus on core assets enables us to maintain this long-term commitment to shareholder distributions.

FINANCIAL PERFORMANCE

SABIC is well placed to weather tough markets with a negative net gearing and a robust balance sheet.

BUSINESS SEGMENT PERFORMANCE

Efforts to contain costs, optimize working capital, and allocate capital efficiently have helped maintain a strong cash flow position.

CHEMICALS

SABIC’s Chemicals portfolio constitutes the most basic building blocks for a large variety of other chemicals and advanced materials.

POLYMERS

SABIC’s Polymers portfolio is organized largely around the automotive, foam/lightweight, and pipe segments.

SPECIALTIES

SABIC Specialties serves advanced technology spaces, addressing complex thermal, mechanical, optical, and electrical performance needs.

AGRI-NUTRIENTS

SABIC’s Agri-Nutrients portfolio is comprised of a wide variety of products spanning urea, ammonia, and inorganic solutions

_{Disclaimer: This abridged interactive version of the SABIC Integrated Annual Report 2023 is based on the original PDF report published on this website. In case of any discrepancy, the original PDF report will prevail.}

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