Saudi Arabian Fertilizer stock gets 54 percent urea expansion

Published on 10/16/2026 at 10:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saudi Arabian Fertilizer stock was SAR 111.40 on October 15, 2026, versus SAR 159.30 high. Urea capacity to rise 54 percent to 7.4 million tonnes.

Expansion and earnings ahead

Urea capacity is planned to rise 54 percent from 4.8 million to 7.4 million tonnes after the September 2026 project approval.
First-half 2026 net profit fell 21 percent to USD 428 million.
Saudi Arabian Fertilizer stock last traded at SAR 111.40 on October 15, 2026.
Market capitalization stood at SAR 53.0 billion on October 15, 2026.

Saudi Arabian Fertilizer, SA0007879139, Illustration mit AI erstellt.

Saudi Arabian Fertilizer stock was last at SAR 111.40 on October 15, 2026, while the company prepares a 54 percent increase in annual urea capacity. The project gives investors a longer-term expansion story, but weaker first-half earnings remain an important counterweight.

Expansion reaches 7.4 million tonnes

Chronology matters because the capacity plan developed through several dated steps. On September 10, 2026, the board approved the final investment decision for the new ammonia and urea complex, according to eChemi. On September 29, 2026, KBR said its technology had been selected for a 1.2 million tonne ammonia plant. On October 1, 2026, Gulf Construction reported that Samsung E&A secured the USD 3.46 billion engineering, procurement and construction contract.

The completed complex is planned to include two urea plants with combined annual capacity of 2.6 million tonnes. Urea capacity would rise from 4.8 million to 7.4 million tonnes, a 54 percent increase, while construction is scheduled for the fourth quarter of 2026 and commercial production for the fourth quarter of 2030.

What does the expansion mean for earnings?

The answer depends on whether additional capacity can offset near-term margin pressure. AGBI reported on October 8, 2026, that first-half net profit fell 21 percent to USD 428 million. The report linked the weakness to lower sales volumes and higher transport costs.

Results date sets the next test

TickerLandia lists October 22, 2026 as the next quarterly-results date. The same source reports second-quarter 2026 revenue of SAR 2.41 billion and net income of SAR 378.74 million, giving the upcoming release a clear comparison point.

Stock remains below its yearly high

The last Tadawul price of SAR 111.40 on October 15, 2026 was 30.07 percent below the 52-week high of SAR 159.30. The 52-week low was SAR 108.30, keeping the share price close to the lower end of its documented yearly range.