Saudi Arabia’s Knowledge Economic City reported third-quarter revenue up 98.8% year over year and net profit up to SR99.7 million, supported by residential projects, a land sale and a newly opened hotel. Maaden’s revenue rose 11% year over year to about $3 billion, while EBITDA fell 24% to $900 million and net profit was $400 million.
Maaden’s weaker earnings reflect pressure on phosphate margins, consistent with higher production costs, but the article gives no new supply or production change that would materially alter fertilizer availability. The broader fertilizer price implication is therefore limited.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.