Saudi Industrial Investment Group · TADAWUL:2250
Saudi Industrial Investment — Q2 2025 Earnings Presentation
26 slides from Saudi Industrial Investment's earnings presentation, Aug 12, 2025
Slide 1: Q2 2025 Earnings Presentation
Saudi Industrial Investment Group Q2 2025 Earnings Presentation 12th August, 2025
Slide 2: Table of Contents
Table of Contents Highlights 03 Operational Updates 08 Financial Results 11 Outlook 16 Appendix 18 Q2 2025 Earnings Presentation 2
Slide 3: Strong operational performance and lower feedstock costs support earnings
Highlights | Operations | Financials | Outlook | Appendix Strong operational performance and lower feedstock costs support earnings in a challenging market environment • Sustained robust operational performance Sales Volume (Kmt)* in Q2, with increased sales volumes and consistently strong utilizati
Slide 4: Market Updates
Highlights | Operations | Financials | Outlook | Appendix Market Updates • US-China tariff redirected polyethylene exports from China to Southeast Asia and Europe as uncertainty persists despite temporary tariff pause. • Reciprocal US-China propane tariffs redirected propane cargoes to US Tariff Sou
Slide 5: Investing to strengthen the core operations to drive incremental earnings
Highlights | Operations | Financials | Outlook | Appendix Investing to strengthen the core operations to drive incremental earnings Allocation Implementing heat recovery system to improve energy efficiency, reduce operational costs, and lower carbon Ethane 60 25 intensity MMSCFD* Timelines: A182/A18
Slide 6: Remain committed to stable shareholder returns in the current challenging market environment
Highlights | Operations | Financials | Outlook | Appendix Remain committed to stable shareholder returns in the current challenging market environment Capital Allocation Strategy Priority 1 Priority 2 Priority 3 Sustaining Stable New growth current shareholder investments Share Buyback | Mn Shares o
Slide 7: Outstanding safety performance record
Highlights | Operations | Financials | Outlook | Appendix Outstanding safety performance record Highlights • S-Chem reached 913 days without a Tier 1 & 1,407 days without a Tier 2 Process Safety Event. • Continued commitment to safe working environment Injuries per 200,000 hours worked S-Chem High P
Slide 8: Operational Updates
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Slide 9: Aromatics Segment: Products saw pricing pressure amid muted demand
Highlights | Operations | Financials | Outlook | Appendix Aromatics Segment: Products saw pricing pressure amid muted demand Styrene Sales; Capacity Utilization | Kmt; % Cyclohexane Sales; Capacity Utilization | Kmt; % Benzene Sales; Capacity Utilization# | Kmt; % 97% 104% 103% 94% 91% 84% 76% 79% 6
Slide 10: Polymers Segment: Increased utilization on feedstock availability but product prices remained weak
Highlights | Operations | Financials | Outlook | Appendix Polymers Segment: Increased utilization on feedstock availability but product prices remained weak Highlights Polyethylene Sales; Capacity Utilization | Kmt; % PE price trend* • Polymer plant utilization remained strong on 92% 105% 104% feed
Slide 11: Financial Results
Financial Results
Slide 12: Share of profits from JVs was stable QoQ, but declined YoY
Highlights | Operations | Financials | Outlook | Appendix Share of profits from JVs was stable QoQ, but declined YoY due to lower product margins ¥ Mn Q2 2025 Q1 2025 Δ% Q2 2024 Δ% Share of Profits from JVs (Q-o-Q) | ¥ Mn Income Statement +1% 31 (41) 45 1 (1) 32 Share of Profits from JVs 32 31 +1% 7
Slide 13: Aromatics: Profits declined on weak product demand and prices
Highlights | Operations | Financials | Outlook | Appendix Aromatics: Profits declined on weak product demand and prices Revenue (external) | ¥ Mn Gross Profit; Gross Profit Margin | ¥ Mn; % EBITDA; EBITDA Margin | ¥ Mn; % 7% 8% 2% 15% 14% 10% -10% -73% -42% 1,468 1,501 109 117 227 216 1,328 131 30 -
Slide 14: Polymers: Bottomline improved on lower feedstock costs
Highlights | Operations | Financials | Outlook | Appendix Polymers: Bottomline improved on lower feedstock costs Revenue (external) | ¥ Mn Gross Profit; Gross Profit Margin | ¥ Mn; % EBITDA; EBITDA Margin | ¥ Mn; % 13% 2% 5% 18% 15% 19% -4% -59% -1% 1,565 1,589 1,505 198 289 288 233 81 39 -5% +107%
Slide 15: Received healthy dividend from GPDC
Highlights | Operations | Financials | Outlook | Appendix Received healthy dividend from GPDC SCP: Investment Value | ¥ Mn JCP: Investment Value | ¥ Mn -1% +13% 598 (13) 5 590 51 428 377 FY 24 Share of Profit Other H1 25 FY 24 Share of Profit H1 25 Spco: Investment Value | ¥ Mn ADCO: Investment Valu
Slide 16: Outlook
Highlights | Operations | Financials | Outlook | Appendix Outlook View • Styrene over supply combined with weak demand pressuring prices. Styrene demand remains weak globally in 2025, with eurozone manufacturing and construction declining, and Asian appliances production softening. Albeit significan
Slide 17: Q&A
Q&A
Slide 18: Appendix
Appendix
Slide 19: Planned turnaround schedule
Highlights | Operations | Financials | Outlook | Appendix Planned turnaround schedule Saudi Chevron Saudi Chevron Saudi Chevron Saudi Chevron Phillips (SCP) Phillips (SCP) Phillips (SCP) Phillips (SCP) 34 days 28 days 28 days 38 days Q4 2025 2027 2029 2026 2028 2030 Jubail Chevron Saudi Polymers Jub
Slide 20: SIIG: Three decades of growth
Highlights | Operations | Financials | Outlook | Appendix SIIG: Three decades of growth • Established in 1996, Saudi Industrial Investment Group is an investment Arabian Chevron Phillips holding company Petrochemical Company • Primarily invested in petrochemical manufacturing assets in Saudi Arabia
Slide 21: SIIG's Petrochemical complex projects are complementary to each other
Highlights | Operations | Financials | Outlook | Appendix SIIG’s Petrochemical complex projects are complementary to each other Aromatic Saudi Chevron Hydrocarbons Phillips (SCP) Mixture (780Kta) Benzene Cyclohexane (835Kta) (355Kta) Jubail Chevron Styrene (730Kta) Phillips (JCP) ADCO Propylene (150
Slide 22: Financial Statements – Income Statement
Highlights | Operations | Financials | Outlook | Appendix Financial Statements – Income Statement ¥ Mn H1 2025 H1 2024 Δ% Q2 2025 Q1 2025 Δ% Q2 2024 Δ% Income Statement Share of Profits from JVs 63 125 -49% 32 31 +1% 77 -59% General & administrative expenses (30) (27) +12% (19) (12) +60% (15) +23% O
Slide 23: Financial Statements – Cash Flow Statement
Highlights | Operations | Financials | Outlook | Appendix Financial Statements – Cash Flow Statement ¥ Mn H1 2025 H1 2024 Δ% Q2 2025 Q1 2025 Δ% Q2 2024 Δ% Cash Flow Statement Cash flows from operating activities Profit (loss) before zakat 52 112 -54% 23 29 -18% 70 -67% Depreciation 0 0 +15% 0 0 +1%
Slide 24: Financial Statements – Balance Sheet
Highlights | Operations | Financials | Outlook | Appendix Financial Statements – Balance Sheet ¥ Mn Q2 2025 Q1 2025 Δ% 2024 Δ% Balance Sheet Property & equipment 1 2 -12% 2 -21% Investments accounted for using the equity method 5 8,216 8,288 -1% 8,330 -1% Other assets 9 8 +16% 6 +40% Total Non-curre
Slide 25: Disclaimer
Highlights | Operations | Financials | Outlook | Appendix Disclaimer Saudi Industrial Investment Group (Company), prepared this presentation on a proprietary basis as general background information about the activities of company. The information contained herein is given in summary form and for dis
Slide 26: Thank you
Thank you Contact Us: Investor Relations Team Email: IR@siig.com.sa Phone: +966 (11) 2792522 Ext-305
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