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 […]

National Petrochemical Co. announces the distribution of cash dividend for Distribution of dividends to the shareholders for the year 2019

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ELEMENT LIST EXPLANATION Introduction The Board of Directors of the National Petrochemical Company (Petrochem), on 5-03-2020, has announced its recommendation to the Company General Assembly the distribution of dividends to the shareholders for the 2019 financial year. Board Resolution Date 2020-03-05 Corresponding to 1441-07-10 Total Amount of Dividend Distributed SR 240 millions Number of Shares […]

National Petrochemical Co. announces its Annual Financial Results for the Period Ending on 2019-12-31

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ELEMENT LIST CURRENT YEAR PREVIOUS YEAR %CHANGE Sales/Revenue 7,435 8,930 -16.741 Gross Profit (Loss) 1,876 2,685 -30.13 Operational Profit (Loss) 1,279 2,009 -36.336 Net Profit (Loss) after Zakat and Tax 674 1,165 -42.145 Total Comprehensive Income 648 1,184 -45.27 Total Share Holders Equity (after Deducting Minority Equity) 8,148 7,740 5.271 Profit (Loss) per Share 1.41 […]

National Petrochemical Co. announces its Interim Financial Results for the Period Ending on 2019-12-31 ( Twelve Months )

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ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE Sales/Revenue 1,806 2,183 -17.269 1,958 -7.763 Gross Profit (Loss) 403 447 -9.843 495 -18.585 Operational Profit (Loss) 249 261 -4.597 335 -25.671 Net Profit (Loss) after Zakat and Tax 131 236 -44.491 171 -23.391 Total Comprehensive Income 104 254 -59.055 171 […]

National Petrochemical Co. announces its Interim consolidated Financial Results for the Period Ending on 2019-09-30 (Nine Months)

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ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE Sales/Revenue 1,958 2,297 -14.758 1,651 18.594 Gross Profit (Loss) 495 736 -32.744 452 9.513 Operational Profit (Loss) 335 569 -41.124 321 4.361 Net Profit (Loss) after Zakat and Tax 171 307 -44.299 183 -6.557 Total Comprehensive Income 171 307 -44.299 183 […]

National Petrochemical Co. announces its interim Financial results for the period ending on 2019-06-30 ( Six Months )

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ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE Sales/Revenue 1,651 2,239 -26.261 2,020 -18.267 Total Profit (Loss) 452 739 -38.836 526 -14.068 Profit (Loss) Operational 321 573 -43.979 376 -14.627 Net Profit (Loss) after Zakat and Tax 183 288 -36.458 187 -2.139 Total Comprehensive Income 183 288 -36.458 187 […]