The Saudi Industrial Investment Group, prides itself as one of the first privately owned petrochemical company in the Kingdom of Saudi Arabia. Its main goal is to invest in the petrochemical industry for a better future for its Shareholders, end users and the Kingdom as a whole. This is achieved by utilizing our strategic partnerships from around the world, and the efficient use of the Kingdom’s natural resources and it’s competitive advantage..
The company was established as a joint stock company according to kingdom regulations with commercial record number (1010139946) issued in Riyadh 1/1/1996 with a capital of (550,000,000) Saudi Riyal divided to (55,000,000) share with a face value of (10) Saudi Riyal per share. The capital increased through profit capitalization, and underwriting of rights issue since the company’s capital today reached (4,500) Million Saudi Riyal.
Correction announcement from Saudi Industrial Investment Group in regards to its Interim Financial Results for the Period Ending on 30-06-2020 (Six Months)
Element List Explanation Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul’s Website 2020-07-27 Corresponding to 1441-12-06 URL of the Previous Announcement Click Here Incorrect statements in the previous announcement Gross Profit (Loss) for the current quarter = SR 122 MillionOperational Profit (Loss) for the current quarter = SR 197 MillionOperational Profit […]
Saudi Industrial Investment Group announces its Interim Financial Results for the Period Ending on 30-06-2020 (Six Months)
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change Sales/Revenue 1,346 1,651 -18.473 1,515 -11.155 Gross Profit (Loss) 122 460 -73.478 247 -50.607 Operational Profit (Loss) 197 435 -54.712 -73 – Net Profit (Loss) after Zakat and Tax -55 205 – -174 -68.39 Total Comprehensive Income -55 205 – -174 […]
ELEMENT LIST EXPLANATION Introduction No English translation, kindly refer to the Arabic version ELEMENT LIST EXPLANATION Name of the Resigning CEO No English translation, kindly refer to the Arabic version Resignation Acceptance Date 2020-07-16 Corresponding to 1441-11-25 Resignation Effective Date 2020-12-31 Corresponding to 1442-05-16 Reasons for Resignation No English translation, kindly refer to the Arabic […]