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Saudi miner Maaden reported first-half 2025 revenue of SAR 17.93 billion, up 23% year on year, and EBITDA of SAR 7.25 billion. The company said Phosphate posted its highest quarterly DAP production on record, supported by a strong pricing environment.
Net profit rose 73% and net debt fell to 1.7x EBITDA.
Record DAP output from a major exporter adds phosphate supply to the market, which can cap prices. Strong pricing reported by Maaden, however, indicates firm global phosphate demand.
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Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.