Saudi Industrial Investment Group announces the interim financial results for the period ending on 30-06-2017 (Six Months)

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  ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) 70 151 -53.64 310 -77.42 Gross profit (loss) 421 574 -26.66 502 -16.14 Operational profit (loss) 255 484 -47.31 592 -56.93 All figures are in (Millions) Saudi Arabia, Riyals   ELEMENT CURRENT PERIOD SIMILAR PERIOD […]

Saudi Industrial Investment Group announces the interim financial results for the period ending on 31-03-2017 (Three Months)

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ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) 310 29 968.97 52 496.15 Gross profit (loss) 502 425 18.12 51.9 867.24 Operational profit (loss) 592 259 128.57 39 1,417.95 Earning or loss per share, Riyals 0.69 0.06 – – – All figures are in […]

SIIG ANNOUNCES THE SCHEDULED MAINTENANCE OF ITS JV PROJECTS (SAUDI CHEVRON PHILLIPS)

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SIIG announces that its project Saudi Chevron Phillips (SCP) has started its planned periodic maintenance shutdowns that includes the catalyst replacement. The shutdown schedule is 35 days starting on 1 Apr 2017. The financial impact of this shutdown is expected to be reflected in the financial results for the second quarter of 2017.Note that SIIG owns […]

Saudi Industrial Investment Group announces the annual financial results for the period ending on 31-12-2016

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  ELEMENT CURRENT YEAR PREVIOUS YEAR % CHANGE Net profit (loss) 499 727 -31.36 Earning or loss per share, Riyals 1.11 1.62 – Gross profit (loss) 1,597 2,482 -35.66 Operational profit (loss) 1,328 2,069 -35.81 All figures are in (Millions) Saudi Arabia, Riyals   ELEMENT EXPLAINATION Reasons of annual financial results -The reasons for the […]

Saudi Industrial Investment Group announces the annual financial results for the period ending on 31-12-2017

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  ELEMENT CURRENT YEAR PREVIOUS YEAR % CHANGE Net profit (loss) 1,004 83 1,109.64 Earning or loss per share, Riyals 2.23 0.18 – Gross profit (loss) 2,264 1,609 40.71 Operational profit (loss) 2,170 928 133.84 All figures are in (Millions) Saudi Arabia, Riyals   ELEMENT EXPLAINATION Reasons of annual financial results -The reasons for the […]