Borouge’s Net Profit Surges 24% to Record $1.24 Billion
Record Production, Sales, and Strategic Growth Drive Unprecedented Financial Success Borouge, the Abu Dhabi-based petrochemical giant, has reported a stellar financial performance for 2024, posting a net profit of $1.24 billion—a remarkable 24% increase from the previous year. The company attributed its record-breaking growth to unprecedented production and sales volumes, reaffirming its strong market positioning and operational excellence. Unmatched Operational Efficiency and Growth Borouge has consistently outperformed many of its global peers, maintaining an impressive EBITDA margin of 41% for the full year. The company’s EBITDA rose 14% year-on-year to $2.48 billion, fueled by a 4% increase in revenue, which … Continue reading Borouge’s Net Profit Surges 24% to Record $1.24 Billion
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