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Takween Advanced Industries Co.

Companies with accumulated losses reaching 50% or more of its capital'

1201
TAKWEEN
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  • Main Market
  • Materials

Stats Overview

  • Prev. Close 9.90
  • Open 9.88
  • High 9.88
  • Low 9.77
  • No. of Trades 791
  • Avg. Trade size* 295
  • Volume Traded 233,501
  • Value Traded (SAR) 2,293,063.26

Performance

TAKWEEN
-0.13 ( -1.31% )
Compare
Index Name Index Level 1D Return
Takween Advanced Industries Co. 9.88 -1.31%
Note: Prices are delayed minimum 5 minutes
  • *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

Trade Updates

Last Trade

Price
9.77
% Change
-1.31
Volume Traded
3,000

Best Bid

Price 9.76
Volume 8,162

Best Offer

Price 9.77
Volume 1,059

52 WEEK

High
14.62
2022/06/07
Low
7.68
2023/03/19
Change**
-29.2

PERFORMANCE

Start of Year
9.4
Year ago
13.8
3 Years ago
6.6

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  • Shareholding
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Announcements

  • Correction announcement from Takween Advanced Industries Co. in regard to its Interim Financial Results for the Period Ending on 2023-03-31 (Three Months)

    1201
    TAKWEEN -1.31 %
    1444/11/03     23/05/2023 15:28:56
  • Takween Advanced Industries Co. Announces the Submission of the Decrease of the Company’s Capital Application File to CMA.

    1201
    TAKWEEN -1.31 %
    1444/11/01     21/05/2023 08:16:11
  • Takween Advanced Industries Co. Announces an update on Takween Advanced Industries Co. Announces an update on Board of Directors Recommendation to Reduce the Company's Capital and A Subsequent Capital Increase Through Rights Issue

    1201
    TAKWEEN -1.31 %
    1444/10/28     18/05/2023 15:22:00
  • Addendum Announcement from Takween Advanced Industries Co. in regard to the announcement of the preliminary financial results for the first quarter ending on 31/03/2023 and the loss reaching more than 50%

    1201
    TAKWEEN -1.31 %
    1444/10/25     15/05/2023 15:30:59
  • Takween Advanced Industries Co. Announces an update on Board of Directors Recommendation to Reduce the Company's Capital and A Subsequent Capital Increase Through Rights Issue

    1201
    TAKWEEN -1.31 %
    1444/10/21     11/05/2023 15:38:47
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Corporate Actions

CompanyProfilev2Financials

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Financials

  • Balance Sheet
  • Statement of Income
  • Cash Flow
  • XBRL
  • Detailed Reports and Statements
  • Annually
  • Quarterly
Balance Sheet 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Current Assets
522,714
469,363
781,862
387,768
Inventory
187,646
192,739
163,242
240,863
Investments
105,943
115,770
- -
Fixed Assets
510,399
584,303
631,514
1,014,196
Other Assets
324,954
325,439
323,582
323,582
Total Assets
1,651,656
1,687,614
1,900,200
1,966,409
Current Liabilities
1,103,848
920,457
967,318
1,180,588
Non-Current Liabilities
113,182
160,189
344,649
192,908
Other Liabilities - - - -
Shareholders Equity
434,626
606,968
588,233
592,913
Total Liabilities and Shareholder Equity
1,651,656
1,687,614
1,900,200
1,966,409
Minority Interests - - - -
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2023-05-11 2023-05-11 2021-03-30 2020-04-20
Balance Sheet 2023-03-31 2022-09-30 2022-06-30 2021-09-30
Current Assets
431,426
501,768
515,642
456,456
Inventory
196,330
231,102
217,890
177,119
Investments
103,376
108,191
111,264
-
Fixed Assets
507,566
574,073
570,752
602,950
Other Assets
323,582
323,582
323,582
426,258
Total Assets
1,562,280
1,738,716
1,739,130
1,662,783
Current Liabilities
1,075,197
1,076,613
1,033,344
863,334
Non-Current Liabilities
85,543
111,544
131,772
160,743
Other Liabilities - - - -
Shareholders Equity
401,540
550,559
574,014
638,706
Total Liabilities and Shareholder Equity
1,562,280
1,738,716
1,739,130
1,662,783
Minority Interests - - - -
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2023-05-17 2022-12-06 2022-07-31 2021-10-25
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Shareholding Information

  • Board Of Directors
  • Foreign Ownership
  • Substantial Shareholders
Time Period
-
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Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
2023-05-31 عبدالمحسن محمد عبدالله العثمان Chairman 6.0120600 6.0120600 0
2023-05-31 جميل عبدالله عبدالعزيز الملحم Board of Directors 0.0026316 0.0026316 0
2023-05-31 خالد ناصر عبدالرحمن المعمر Board of Directors 0.0010526 0.0010526 0
2023-05-31 جورجس الخوري انطونيوس ابراهام Board of Directors 0.0012274 0.0012274 0
  • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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Takween Advanced Industries Co.
Price 9.77
Market Cap (SAR MN) 928
P/E Ratio -5.28
Index Name Index Level 1D Return
Takween Advanced Industries Co. %
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Company Profile

Company overview

Takween Advanced Industries and its wholly owned subsidiaries (the Group) manufacture and sell wide range of plastic packaging products and nonwoven fabrics. It principal activities are: Production of disposable polystyrene cups, lids and other plastic related products Production of non-woven plastics Production of PET pre-forms Manufacturing of, and wholesale trading in, cartons and plastic containers Manufacturing of, and wholesale and retail trading in , plastic containers and polyethylene cups, rolls and bags.

Company History

Takween Advanced Industries Company is a public joint stock company listed under the Commercial Register 2051044381 with a capital of SAR 950,000,000 dating back to the year 1993 AD by its founder Sheikh Mohammed bin Abdullah bin Zaid Al Othman, where it was previously known as Al Othman Plastic Products Company (Plastico). Since that date, the company has gone through many developments until it became a joint stock company in 2010. In the year 2012 AD, the company was listed in the Saudi stock market, after offering 30% of its shares for public subscription. Takween is classified as a basic material company and its activity is concentrated in two main industrial sectors distributed among five subsidiary companies, four of them are in the Kingdom of Saudi Arabia and one company outside the Kingdom in The industrial city of Borg El Arab in Alexandria, Arab Republic of Egypt. Below is a summary of the company''''s projects. First: The plastic sector (the manufacture of plastic packages). Three main companies operate in this sector, the Saudi Plastic Company for Packaging Systems (plastico) and their locations (Jeddah, Riyadh, Al-Ahsa), AlSharq Company for Plastic Industries (AlSharq) and its location in Riyadh and NewMarina Industries Plastic (Newmarina Plast Egypt) Second: The non-woven tissue sector (for health and medical products). The advanced Fabric company Ltd. (SAAF) and its locations (Al-Ahsa, Rabigh) work in this sector. The message of Takween is to take the lead in providing plastic packaging products by providing the best economical, efficient and innovative solutions in the plastic packaging and non-woven fabrics industry.

Company Bylaws

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Equity Profile

  • Authorized Capital (SAR) 950,000,000
  • Issued Shares 95,000,000
  • Paid Capital (SAR) 950,000,000
  • Par Value/Share 10
  • Paid Up Value/Share 10

Last Update :2016-09-25

Investment limits

There are no investment limits on the company 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 by law and the issued instructions by the related regulators and supervisory authorities.

 

  • Company Details
  • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
  • Date Established

    1993/10/21

  • Financial Year End

    31/12

  • Listing Date

    2012/02/07

  • External Auditors

    [[{ AlKharashi & Co Mazars }]]

  • ISIN CODE

    SA130G50IOH8

  • Number of Employees

    -

  • Chairman

    Mr. Abdulmohsen M. Al-Othman
    Non - Executive

    Mr. Abdulmohsen M. Al-Othman
    • BD Session Start
      2023-01-21
      Designation
      Chairman
    • BD Session End
      2026-01-20
      Classification
      Non - Executive
    • Qualification
      Bachelors degree in Accounting, KFUPM
  • Board of Directors

    Mr. Saleh Hassan Al-Afaleq Deputy Chairman - Independent

    Mr. Saleh Hassan Al-Afaleq
    • BD Session Start
      2023-01-21
      Designation
      Board of Directors
    • BD Session End
      2026-01-20
      Classification
      Deputy Chairman - Independent
    • Qualification
      Bachelor's Degree in Business Administration - King Faisal University . Master Degree in HR Developing - Seattle Pacific University

    Mr. George Abraham Non - Executive

    Mr. George Abraham
    • BD Session Start
      2023-01-21
      Designation
      Board of Directors
    • BD Session End
      2026-01-20
      Classification
      Non - Executive
    • Qualification
      Bachelor’s Degree in Business Administration and a double major in Finance and Management from the University of Saint Joseph in Beirut and Paris Dauphine in France.
    Companies Membership
    • Memebrship Name
      Al Othman Holding Co
      Start Date
      1997-01-01
    • Memebrship Character
      Non-Executive
      End Date
      -

    Mr. Jameel A. Al Molhem Non - Executive

    Mr. Jameel A. Al Molhem
    • BD Session Start
      2023-01-21
      Designation
      Board of Directors
    • BD Session End
      2026-01-20
      Classification
      Non - Executive
    • Qualification
      Bachelor Degree in Marketing, KFUPM
    Companies Membership
    • Memebrship Name
      Wala'a Cooperative Insurance Company
      Start Date
      2019-05-26
    • Memebrship Character
      Non-Executive
      End Date
      2022-05-25
    • Memebrship Name
      Electrical Industries Company
      Start Date
      2018-09-10
    • Memebrship Character
      Independent
      End Date
      2021-09-10

    Mr. Khaled N. Al Muammar Independent

    Mr. Khaled N. Al Muammar
    • BD Session Start
      2023-01-21
      Designation
      Board of Directors
    • BD Session End
      2026-01-20
      Classification
      Independent
    • Qualification
      Bachelor Degree in Accounting, KFUPM

    Mr. Hassan E. Qabbani Independent

    Mr. Hassan E. Qabbani
    • BD Session Start
      2023-01-21
      Designation
      Board of Directors
    • BD Session End
      2026-01-20
      Classification
      Independent
    • Qualification
      Management Courses

    Mr. Ibrahim Y. Almubarak Non - Executive

    Mr. Ibrahim Y. Almubarak
    • BD Session Start
      2023-01-21
      Designation
      Board of Directors
    • BD Session End
      2026-01-20
      Classification
      Non - Executive
    • Qualification
      Master of Science in Behavioral Sciences, London School of Economics & Political Bachelor of Science in Electrical Engineering , King Fahad University Of Petroleum & Minerals
  • Senior Executives

    Mr. Mohammed Mansour-Acting CFO

    Mr. Mohammed Mansour-Acting
    • BD Session Start
      2022-08-01
      Designation
      Senior Executives
    • BD Session End
      -
      Classification
      CFO
    • Qualification
      Master of Sciences in Business Administration

    Mr. Majed Mazen Nofal CEO

Mr. Majed Mazen Nofal
  • BD Session Start
    2023-01-09
    Designation
    Senior Executives
  • BD Session End
    -
    Classification
    CEO
  • Qualification
    Bachelor degree in Accounting from King Saud University

Investor Relations

Contact Name:

Sarah Abdullah Saad Alajaji

Company Address:

16th Floor, Al Othman Office Towers King Saud Bin AbdulAziz Rd. P.O. Box 13;2500, Al-Khobar 31952

Contact Details:

Telephone: 0138534337
Fax: 0138534343
Email: salajaji@takweenai.com

Company Website:

http://takweenai.com


Name Ob Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
Advanced Fabrics Factory Company (SAAF) 30.00% Producing recycled Polypropylene granules and nonwoven fabric Saudi Arabia Saudi Arabia
Ultra Pak Manufacturing Company 99.00% Investment Company Saudi Arabia Saudi Arabia
Saudi Plastic Packaging Systems Company Limited 99.00% Wholesaling and retailing plastic carton and carton box, bottles, plastic caps, printed tin plates, metal containers, semi-metal containers, glass bottles, various household glassware, sodium silicate, business services, import, export and business undertakings Saudi Arabia Saudi Arabia
Al-Sharq Company for Plastic Industries Limited 99.00% Producing polyethylene bags and rolls, one time use Polystyrene cups, bottles and plates, jerry cans, bottles, barrels, Melamine various household tools, heavy duty polyethylene bags, plastic pails, trash cans, boxes and plastic profiles, sanitary ware, and polyethylene chips Saudi Arabia Saudi Arabia
New Marina for Plastic Industries Company (S.A.E.) 99.66% Establishing and operating a factory specialized in manufacturing and selling all types of plastic products, establishing and operating the factory for foam and spare parts and metal working and repairing, and general import, export, trading and finance renting, in accordance with the provisions of Law No, 95 of 1995G. Egypt Egypt
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