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 […]

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

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SIIG announces that its two projects Saudi Chevron Phillips (SCP) and Jubail Chevron Phillips (JCP) located in Jubail industrial city, have started their planned periodic maintenance shutdowns that include the catalyst replacement. The shutdown schedule is as follows: 1- SCP shutdown for 33 days starting on 5 Feb 2018 2- JCP shutdown for 51 days starting on […]

Saudi Industrial Investment Group announces the interim financial results for the period ending on 31-12-2016 (Twelve Months)

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  ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) 19 55 -65.45 163 -88.34 Gross profit (loss) 40 546 -92.67 558 -92.83 Operational profit (loss) -19 341 – 477 – All figures are in (Millions) Saudi Arabia, Riyals   ELEMENT CURRENT PERIOD SIMILAR PERIOD […]

SAUDI INDUSTRIAL INVESTMENT GROUP SIIG ANNOUNCES THE DISTRIBUTION OF DIVIDEND FOR THE FINANCIAL YEAR 2016

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The Board of Directors of Saudi Industrial Investment Group at 19-04-1438 Higri corresponding to 17-01-2017 has recommended the distribution of dividend to the shareholders for the financial year 2016 as following:1.Number of shares eligible for dividends : 450,000,000 shares. 2.Total amount of distribution of dividend SAR 225 Millions3.Divided per share SAR 0.54.Divided represent 5% of the […]