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Sahara International Petrochemical Co.
- Main Market
- Materials
Stats Overview
-
Prev. Close 21.40
-
Open 21.46
-
High 21.52
-
Low 20.70
-
No. of Trades 2,210
-
Avg. Trade size* 845
-
Volume Traded 1,868,479
-
Value Traded (^) 39,255,371.96
Performance
- *Average Trade Size = Cumulative / # of Trades
- **52 Week Price Change = (Current Price - Price year ago) / Price year ago x 100
- Historical prices & volume traded data are adjusted to account for all corporate actions.
- MO: Market Order
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Announcements
Corporate Actions
- Announcements & Corporate Actions
- Dividends
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- Peer Comparison
- Company Profile
Dividends
| Announced Date | Eligibility Date | Distribution Date | Distribution Way | Dividend Amount |
|---|---|---|---|---|
| 27/11/2024 | 02/12/2024 | 16/12/2024 | Account Transfer | ^0.50 |
| 13/06/2024 | 27/06/2024 | 11/07/2024 | Account Transfer | ^0.50 |
| 12/12/2023 | 13/12/2023 | 25/12/2023 | Account Transfer | ^0.75 |
| 22/06/2023 | 06/07/2023 | 19/07/2023 | Account Transfer | ^1.25 |
| 01/12/2022 | 05/12/2022 | 15/12/2022 | Account Transfer | ^1.50 |
CompanyProfilev2Financials
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Financials
- FINANCIAL INFORMATION
- FINANCIAL STATEMENTS AND REPORTS
- Annually
- Quarterly
| Balance Sheet | 2023-12-31 | |||
|---|---|---|---|---|
| Total Assets |
22,023,899
|
- | - | - |
| Total Liabilities |
6,454,670
|
- | - | - |
| Total Shareholders Equity (After Deducting the Minority Equity) |
15,569,229
|
- | - | - |
| Total Liabilities and Shareholders Equity |
22,023,899
|
- | - | - |
| Statement of Income | 2023-12-31 | |||
| Total Revenue (Sales/Operating) |
7,617,941
|
- | - | - |
| Net Profit (Loss) before Zakat and Tax |
1,364,272
|
- | - | - |
| Zakat and Income Tax |
-7,928
|
- | - | - |
| Net Profit (Loss) after Zakat and Tax |
1,174,994
|
- | - | - |
| Total Comprehensive Income |
1,234,098
|
- | - | - |
| Profit (Loss) per Share |
1.62
|
- | - | - |
| Cash Flows | 2023-12-31 | |||
| Net Cash From Operating Activities |
2,339,661
|
- | - | - |
| Net Cash From Investing Activities |
-579,582
|
- | - | - |
| Net Cash From Financing Activities |
-2,711,809
|
- | - | - |
| Cash and Cash Equivalents, Beginning of the Period |
2,455,935
|
- | - | - |
| Cash and Cash Equivalents, End of the Period |
1,504,040
|
- | - | - |
| All Figures in | Thousands | |||
| All Currency In | ^ | |||
| Last Update Date | 2024-03-12 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.
| Balance Sheet | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
|---|---|---|---|---|
| Total Assets |
21,942,854
|
22,167,249
|
21,947,645
|
22,772,976
|
| Total Liabilities |
6,336,450
|
6,665,760
|
6,190,267
|
5,949,262
|
| Total Shareholders Equity (After Deducting the Minority Equity) |
15,606,404
|
15,501,489
|
15,757,378
|
15,907,900
|
| Total Liabilities and Shareholders Equity |
21,942,854
|
22,167,249
|
21,947,645
|
22,772,976
|
| Statement of Income | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
| Total Revenue (Sales/Operating) |
1,626,750
|
1,770,273
|
1,924,631
|
1,789,373
|
| Net Profit (Loss) before Zakat and Tax |
139,515
|
127,997
|
244,727
|
293,501
|
| Zakat and Income Tax |
-14,935
|
-14,369
|
-27,779
|
20,415
|
| Net Profit (Loss) after Zakat and Tax |
103,154
|
121,490
|
181,507
|
233,085
|
| Total Comprehensive Income |
99,335
|
118,366
|
186,645
|
234,340
|
| Profit (Loss) per Share |
0.14
|
0.17
|
0.25
|
0.32
|
| Cash Flows | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
| Net Cash From Operating Activities |
1,124,793
|
987,294
|
227,802
|
1,664,303
|
| Net Cash From Investing Activities |
-287,776
|
66,715
|
-93,066
|
-525,548
|
| Net Cash From Financing Activities |
-850,838
|
-440,635
|
-90,324
|
-1,686,557
|
| Cash and Cash Equivalents, Beginning of the Period |
1,504,040
|
1,504,040
|
1,504,040
|
2,455,935
|
| Cash and Cash Equivalents, End of the Period |
1,490,726
|
2,116,534
|
1,548,429
|
1,908,133
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | ^ | ^ | ^ | ^ |
| Last Update Date | 2024-10-27 | 2024-07-22 | 2024-05-05 | 2023-10-24 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Company Profile
Company overview
Sipchem was founded in late 1999 as a Saudi closed joint stock company with the objective of becoming a major petrochemical manufacturer, providing high quality basic and intermediate petrochemical products for world markets. Sipchem itself acts as holding company for several Subsidiaries. Sipchem founders include respected private sector investors (both individuals and Companies) from Saudi Arabia and GCC countries. Sipchem was founded in late 1999 as a Saudi closed joint stock company with the objective of becoming a major petrochemical manufacturer, providing high quality basic and intermediate petrochemical products for world markets. Sipchem itself acts as holding company for several Subsidiaries. Sipchem founders include respected private sector investors (both individuals and Companies) from Saudi Arabia and GCC countries. Sipchem, by delivering value added and export oriented products, plays a meaningful role in harnessing Saudi Arabia vast oil and hydrocarbon natural resources
Company History
Sipchem actively invests in petrochemical, chemical and hydrocarbon industries, both basic and intermediary, to produce chemicals used to manufacture a multitude of products that improve the lives of people worldwide. Sipchem develops strategic alliances with carefully selected international partners to optimize its technology and marketing positions
Company Bylaws
Equity Profile
- Authorized Capital (^) 7,333,333,320
- Issued Shares 733,333,332
- Paid Capital (^) 7,333,333,320
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2019-05-21
Investment limits
There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company's bylaw and the issued instructions by the related regulators and supervisory authorities
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
Investor Relations
Contact Name:
Shareholders Affairs
Company Address:
HQ, Khobar, 31952, PO Box 130
Contact Details:
Telephone:
0138019396 - 0133567148
Fax
: 0133599610
Email
: shareholders@sipchem.com
Company Website:
| Name Of Subsidiary | Percentage Of Property | Main Business | Location Of Operation | Country Of Operation |
|---|---|---|---|---|
| International Methanol Company | 65.00% | The principal activity of IMC is the manufacturing and sale of methanol. | Jubail Industrial City | Kingdom of Saudi Arabia |
| International Diol Company | 100.00% | The principal activity of IDC is the manufacturing and sale of maleic anhydride, butane diol and tetra hydro furan. | Jubail Industrial City | Kingdom of Saudi Arabia |
| International Acetyl Company | 100.00% | The principal activity of IAC is the manufacturing of Acetic Acid (AA) and Acetic Anhidride (AAnh). | Jubail Industrial City | Kingdom of Saudi Arabia |
| International Vinyl Acetate Company | 100.00% | The principal activity of IVC is manufacturing the Vinyl Acetate Monomer (VAM), a clear and colorless liquid that readily evaporates into air and dissolves in water | Jubail Industrial City | Kingdom of Saudi Arabia |
| International Gases Company | 100.00% | The principal activity of IGC is the manufacturing and sale of carbon monoxide. | Jubail Industrial City | Kingdom of Saudi Arabia |
| International Polymers Company | 75.00% | The principal activity of IPC is to manufacture and sell low-density polyethylene (LDPE), polyvinyl acetate (PVAC) and polyvinyl alcohol (PVA). | Jubail Industrial City | Kingdom of Saudi Arabia |
| Sipchem Marketing Company | 100.00% | The principal activities of SMC and its subsidiary Sipchem Europe Cooperative U.A are to provide marketing services for the products manufactured by the group companies and other petrochemical products. Other services provided by Sipchem, SMC and SMC's affiliates include purchasing and trading of petrochemical products with Sipchem affiliates and third party entities. | Khobar City | Kingdom of Saudi Arabia |
| Sipchem Chemicals Company | 100.00% | The principal activity of SCC is the manufacture and sale of ethyl acetate, butyl acetate and polybutylene terephthalate. | Jubail Industrial City | Kingdom of Saudi Arabia |
| Gulf Advanced Cable Insulation Company | 50.00% | The principal activity of GACI is the manufacture and sale of cross linked polyethylene and electrical connecting wire products. GACI commenced its commercial operations from 1 June 2015 after the successful commissioning, testing and completion of acceptance formalities with the main contractors. | Jubail Industrial City | Kingdom of Saudi Arabia |
| Saudi Specialized Products Company | 100.00% | The principal activities of SSPC is the production of Ethylene-Vinyl Acetate (EVA) films. | Hail | Kingdom of Saudi Arabia |
| International Utility Company | 68.58% | The principal activity of IUC is to provide industrial utilities to the group companies. | Jubail Industrial City | Kingdom of Saudi Arabia |
| Sipchem Europe Cooperative U.A and its subsidiaries | 100.00% | The principal activity of Sipchem Europe is to provide marketing services for the products manufactured by the group companies and other petrochemical products. | Amsterdam | Netherlands |
| Sipchem Asia PTE Ltd. | 100.00% | The principal activity of Sipchem Asia is to provide marketing services for the products manufactured by the group companies and other petrochemical products. | Singapore | Singapore |
| Sahara Petrochemical Company | 100.00% | The principal activity of Sahara Petrochemical Company is to develop, build various operation companies in petrochemicals industries especially Propylene, Polypropylene, Ethylene and mixed polyethylene industries. | Jubail Industrial City | Kingdom of Saudi Arabia |
| Linde Sipchem Industrial Gases | 50.00% | Production of Primary gases, Production of mixed industrial gases, Production of ammonia, Transport of other gases and liquids via pipelines | Jubail Industrial City | Kingdom of Saudi Arabia |
| Saudi Advanced Technologies Company (Wahaj) | 100.00% | metal formation by hammering, pistons, casting, rolling, making structures for motor vehicles, making parts, accessories and engines for motor vehicles | Riyadh | Kingdom of Saudi Arabia |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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