BAKU, Azerbaijan, November 4. Saudi Aramco reported a significant year-on-year increase in downstream adjusted EBIT for the third quarter of 2025, supported by stronger refining margins, Trend reports.
Adjusted EBIT reached SAR 9.8 billion ($2.6 billion) in 3Q2025, up sharply from SAR 3.9 billion ($1.0 billion) in the same period of 2024. The improvement was mainly attributed to higher refining margins, which more than offset weaker chemical margins.
For the first nine months of 2025, adjusted EBIT totaled SAR 23.7 billion ($6.3 billion), more than quadruple the SAR 5.7 billion ($1.5 billion) recorded in the corresponding period last year.
Aramco noted that despite pressure on chemical profitability, the refining segment continued to benefit from favorable product spreads and robust global demand, underscoring the resilience of its downstream operations.
