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سابكـ وتحاكي SABIC Second Quarter 2021 Earnings Second Quarter 2021 Highlights : • • . Revenue of SAR 42.42 billion [ $ 11.31 billion ] , a 13 % increase quarter - over - quarter and a 72 % increase year - over - year . EBITDA of SAR 13.63 billion [ $ 3.63 billion ] , a 31 % increase quarter - over - quarter and a 289 % increase year - over - year . Income from operations of SAR 10.06 billion [ $ 2.68 billion ] was 45 % higher than the income from operations of SAR 6.92 billion [ $ 1.85 billion ] in the previous quarter compared with the loss from operations of SAR 1.26 billion [ $ 0.34 billion ] in the second quarter of 2020 . Net income of SAR 7.64 billion [ $ 2.04 billion ] was 57 % higher than the net income of SAR 4.86 billion [ $ 1.30 billion ] in the previous quarter and the net loss of SAR 2.22 billion [ $ 0.59 billion ] in the second quarter of 2020. There were no material non - recurring charges in the second quarter of 2021 . $ 230 million of annual value creation ( SABIC's share ) achieved since the closure of transaction with Saudi Aramco ( acquisition of a 70 % stake in SABIC on 16th June 2020 ) . Comparisons with the second quarter of 2021 are available in the following table : Table 1 - Summary Financial Results Three Months Ended Six Months Ended Item June 30 , Mar. 31 , 2021 2021 Change % June 30 , June 30 , Change 2021 2020 % Revenue 42.42 37.53 13 % 79.95 54.81 46 % EBITDA¹ 13.63 10.39 31 % 24.01 7.85 206 % Income ( loss ) from operations 10.06 6.92 45 % 16.98 ( 1.32 ) NM³ Net Income ( loss ) ² 7.64 4.86 57 % 12.51 ( 3.27 ) NM³ Earnings ( Loss ) Per Share² 2.55 1.62 57 % 4.17 ( 1.09 ) NM3 Free Cash flow 5.16 4.74 9 % 9.90 2.62 277 % All amounts in SAR billion unless otherwise stated , USD / SAR conversion used is 3.75 . Certain figures and percentages included in this document have been subject to rounding adjustments . Income from operations plus depreciation , amortization and impairment . 2Attributable to equity holders of the parent . 3 Not meaningful Saudi Basic Industries Corporation ( " SABIC " ) ( 2010 - SA ) today announced its financial results for the second quarter of 2021. The company's revenue reached SAR 42.42 billion [ $ 11.31 billion ] in the second quarter of 2021 , an increase of 13 % compared with the first quarter of 2021 . 1