National Petrochemical Co. Announces Resignation and Appointment of a CEO

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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 2020-12-24 Corresponding to 1442-05-09 Resignation Effective Date 2020-12-31 Corresponding to 1442-05-16 Reasons for Resignation No English translation, kindly refer to the Arabic […]

National Petrochemical Co. announces its Interim Financial Results for the Period Ending on 2020-09-30 ( Nine Months )

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ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE Sales/Revenue 1,436 1,958 -26.659 1,346 6.686 Gross Profit (Loss) 315 495 -36.363 -121 – Operational Profit (Loss) 192 335 -42.686 -243 – Net Profit (Loss) after Zakat and Tax 117 171 -31.578 -189 – Total Comprehensive Income 117 171 -31.578 -189 […]

National Petrochemical Company (Petrochem) announces that its Board of Directors has decided to start the discussions with Saudi Industrial Investment Group (SIIG) on a potential deal to merge the two companies.

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ELEMENT LIST EXPLANATION Announcement Detail Petrochem announces that its Board of Directors approved on 17-09-2020 the start of initial discussions with the Saudi Industrial Investment Group (SIIG) (a related party) to study the economic feasibility of merging the two companies, noting that no agreement has yet been reached on the final structure of the potential […]

National Petrochemical Co. announces its Interim Financial Results for the Period Ending on 2020-06-30 ( Six Months )

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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) -121 452 – 250 – Operational Profit (Loss) -243 321 – 125 – Net Profit (Loss) after Zakat and Tax -189 183 – 50 – Total Comprehensive Income -189 183 – 50 […]

National Petrochemical Co. Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )

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ELEMENT LIST EXPLANATION Introduction No English translation, kindly refer to the Arabic version City and Location of the General Assembly’s Meeting No English translation, kindly refer to the Arabic version Date of the General Assembly’s Meeting 2020-04-16 Corresponding to 1441-08-23 Time of the General Assembly’s Meeting 18:30 Percentage of Attending Shareholders No English translation, kindly […]

National Petrochemical Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting

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ELEMENT LIST EXPLANATION Introduction No English translation, kindly refer to the Arabic version City and Location of the General Assembly’s Meeting Riyadh head office URL for the Meeting Location No English translation, kindly refer to the Arabic version Date of the General Assembly’s Meeting 2020-04-16 Corresponding to 1441-08-23 Time of the General Assembly’s Meeting 18:30 […]

National Petrochemical Co. announces its Interim Financial Results for the Period Ending on 2020-03-31 ( Three Months )

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ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE Sales/Revenue 1,515 2,020 -25 1,806 -16.112 Gross Profit (Loss) 250 526 -52.471 403 -37.965 Operational Profit (Loss) 125 376 -66.755 248 -49.596 Net Profit (Loss) after Zakat and Tax 50 187 -73.262 133 -62.406 Total Comprehensive Income 50 187 -73.262 106 […]

National Petrochemical Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting

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ELEMENT LIST EXPLANATION Introduction No English translation, kindly refer to the Arabic version City and Location of the General Assembly’s Meeting Riyadh head office URL for the Meeting Location No English translation, kindly refer to the Arabic version Date of the General Assembly’s Meeting 2020-04-16 Corresponding to 1441-08-23 Time of the General Assembly’s Meeting 18:30 […]

National Petrochemical Company (Petrochem) announces that its subsidiary, the Saudi Polymer Company has signed financial agreement to refinance its existing Loan.

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ELEMENT LIST EXPLANATION Introduction National Petrochemical Company announces its subsidiary (Saudi Polymer Company) has signed financial agreement to refinance its existing Project financing loan with Samba Financial Group and Riyad Bank Date of Receiving the Credit Facility 2020-03-08 Corresponding to 1441-07-13 Financier Samba Financial Group and Riyad Bank Credit Facility value SR 3 Billion Credit […]