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.
Saudi Industrial Investment Group (SIIG) invites its shareholders to attend the Ordinary General Assembly Meeting through modern technology means (First Meeting)
ELEMENT LIST EXPLANATION Introduction The Board of Directors of the Saudi Industrial Investment Group (SIIG) is pleased to invite its shareholders to attend the company’s Ordinary General Assembly meeting (First meeting), which is scheduled to be held, at exactly 9:30 pm on Wednesday 9 Ramadan 1442 corresponding to 21 April 2021. The meeting will be […]
Saudi Industrial Investment Group announces its Annual Financial Results for the Period Ending on 31-12-2020
ELEMENT LIST CURRENT YEAR PREVIOUS YEAR %CHANGE Sales/Revenue 6,113 7,656 -20.154 Gross Profit (Loss) 944 1,883 -49.867 Operational Profit (Loss) 402 1,541 -73.913 Net Profit (Loss) after Zakat and Tax 92 606 -84.818 Total Comprehensive Income 68 671 -89.865 Total Share Holders Equity (after Deducting Minority Equity) 6,412 6,794 -5.622 Profit (Loss) per Share 0.2 […]
SIIG announces the shutdown of its Jubail Chevron Phillips Company project for scheduled turnaround maintenance.
ELEMENT LIST EXPLANATION Announcement Detail SIIG announces the shutdown of its units at the Jubail Chevron Phillips Company for scheduled turnaround maintenance and catalyst replacement starting today February 1st 2021 and estimated to last 41 days.The financial impact of this shutdown will appear on the financial results for the first quarter of 2021, and it […]