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The Power and Water Utility Company for Jubail and Yanbu

2083
MARAFIQ
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  • Main Market
  • Utilities

Stats Overview

  • Prev. Close 64.50
  • Open 64.50
  • High 66.30
  • Low 64.50
  • No. of Trades 2,484
  • Avg. Trade size* 135
  • Volume Traded 334,577
  • Value Traded (SAR) 21,913,109.50

Performance

MARAFIQ
0.50 ( 0.78% )
Compare
Name Price Change %
The Power and Water Utility Company for Jubail and Yanbu 64.50 0.78%
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
65.00
% Change
0.78
Volume Traded
100

Best Bid

Price 65.00
Volume 7,487

Best Offer

Price 65.50
Volume 295

52 WEEK

High
91.50
2023/07/11
Low
51.10
2023/10/24
Change**
11.49

PERFORMANCE

Start of Year
64.2
Year ago
58.3
3 Years ago

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Announcements

  • Addendum announcement from Power and Water Utility Company for Jubail and Yanbu regarding the results of the Ordinary General Assembly meeting (First Meeting)

    2083
    MARAFIQ 0.78 %
    1445/10/16     25/04/2024 09:34:07
  • Power and Water Utility Company for Jubail and Yanbu Announces the Results of the Ordinary General Assembly Meeting ( First Meeting )

    2083
    MARAFIQ 0.78 %
    1445/10/16     25/04/2024 07:14:17
  • Power and Water Utility Company for Jubail and Yanbu Invites its Shareholders to attend the Ordinary General Assembly Meeting (First Meeting) through means of modern technology.

    2083
    MARAFIQ 0.78 %
    1445/09/22     01/04/2024 08:21:20
  • Power and Water Utility Company for Jubail and Yanbu (Marafiq) Announces Organizing a Conference Call to Discuss the Annual Financial Results of the Year 2023

    2083
    MARAFIQ 0.78 %
    1445/09/02     12/03/2024 15:32:15
  • Power and Water Utility Company (Marafiq) for Jubail and Yanbu announces the board of director’s decision to distribute cash dividends for second half of 2023

    2083
    MARAFIQ 0.78 %
    1445/08/26     07/03/2024 08:08:27
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    Past Events

      Jump To :
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      • Shareholding
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      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount
      07/03/2024 17/03/2024 27/03/2024 Account Transfer 1.10
      03/08/2023 13/08/2023 30/08/2023 Account Transfer 1.10
      02/03/2023 08/03/2023 23/03/2023 Account Transfer 1.10

      CompanyProfilev2Financials

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      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet 2023-12-31
      Total Assets
      23,052,555
      - - -
      Total Liabilities
      14,849,680
      - - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      8,202,875
      - - -
      Total Liabilities and Shareholders Equity
      23,052,555
      - - -
      Statement of Income 2023-12-31
      Total Revenue (Sales/Operating)
      6,389,334
      - - -
      Net Profit (Loss) before Zakat and Tax
      571,741
      - - -
      Zakat and Income Tax
      -45,943
      - - -
      Net Profit (Loss) after Zakat and Tax
      525,798
      - - -
      Total Comprehensive Income
      508,018
      - - -
      Profit (Loss) per Share
      2.1
      - - -
      Cash Flow 2023-12-31
      Net Cash From Operating Activities
      1,401,532
      - - -
      Net Cash From Investing Activities
      872,871
      - - -
      Net Cash From Financing Activities
      -1,773,161
      - - -
      Cash and Cash Equivalents, Beginning of the Period
      685,694
      - - -
      Cash and Cash Equivalents, End of the Period
      1,186,936
      - - -
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2024-03-07

      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 2023-09-30
      Total Assets
      23,120,836
      Total Liabilities
      14,954,975
      Total Shareholders Equity (After Deducting the Minority Equity)
      8,165,861
      Total Liabilities and Shareholders Equity
      23,120,836
      Statement of Income 2023-09-30
      Total Revenue (Sales/Operating)
      1,701,048
      Net Profit (Loss) before Zakat and Tax
      194,597
      Zakat and Income Tax
      -6,545
      Net Profit (Loss) after Zakat and Tax
      188,052
      Total Comprehensive Income
      200,631
      Profit (Loss) per Share
      0.75
      Cash Flow 2023-09-30
      Net Cash From Operating Activities
      445,369
      Net Cash From Investing Activities
      283,757
      Net Cash From Financing Activities
      -483,086
      Cash and Cash Equivalents, Beginning of the Period
      890,850
      Cash and Cash Equivalents, End of the Period
      1,136,890
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2023-11-02

      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.

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      Shareholding Information

      • Board Of Directors
      • Foreign Ownership
      • Substantial Shareholders
      Time Period
      -
      Search
      Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
      • 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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      Company Apply
      The Power and Water Utility Company for Jubail and Yanbu
      Price 65.00
      Market Cap (SAR MN) 16,350
      P/E Ratio 31.1
      Index Name Index Level 1D Return
      The Power and Water Utility Company for Jubail and Yanbu %
      Jump To:
      • Announcements & Corporate Actions
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      Company Profile

      Company overview

      The company principal activities (according to its Bylaws) are water supply, sewage activities, waste management and treatment, electricity, gas, steam and air conditioning supply, process industry and construction. Furthermore, the Company may perform any necessary or supplementary work for these purposes, such as the importation of materials, etc. The Company may also provide such services in all regions of the Kingdom, with an obligation to provide such services to all beneficiaries in the industrial cities of Jubail and Yanbu.

      Company History

      The company was established on 17/06/1422H (corresponding to 05 September 2001G) as a Saudi closed joint stock company registered under Commercial Registration No. 2055004968 dated 17/06/1422H (corresponding to 05/09/2001G) with a share capital of two billion, five hundred million Saudi riyals (SAR 2,500,000,000), of which six hundred and twenty-five million Saudi riyals (SAR 625,000,000) were paid upon incorporation (equivalent to 25% of the issued share capital), divided into fifty million (50,000,000) shares, all of which are of equal value, with a nominal value of fifty Saudi riyals (SAR 50) per share. In January 2003G, part of the share capital amounting to six hundred and twenty-five million Saudi riyals (SAR 625,000,000) was paid (equivalent to 25% of the issued share capital). On 19 October 2008G, the remainder of the cash share value of one billion, two hundred and fifty million Saudi riyals (SAR 1,250,000,000) was paid, completing payment of the entire share capital. On 19/05/1434H (corresponding to 31 March 2013G), the Company''s Extraordinary General Assembly decided to reduce the nominal value of the shares to ten Saudi riyals (SAR 10) and consequently the number of shares was adjusted to two hundred and fifty million (250,000,000) ordinary shares, all of equal value, with a nominal value of ten Saudi riyals (SAR 10) per share, all of which are ordinary cash shares.

      Company Bylaws

      Click here

      Equity Profile

      • Authorized Capital (SAR) 2,500,000,000
      • Issued Shares 250,000,000
      • Paid Capital (SAR) 2,500,000,000
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2022-11-22

      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 related regulators and supervisory authorities.

       

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

        2001/09/05

      • Financial Year End

        31/12

      • Listing Date

        2022/11/23

      • External Auditors

        [Ernst & Young (EY)]

      • ISIN CODE

        SA15L0N10HH3

      • Number of Employees

        1421

      • Chairman

        Eng. Khalid Mohammed Abdulrahman Al-Salem
        Non - Executive

        Eng. Khalid Mohammed Abdulrahman Al-Salem
        • BD Session Start
          2022-04-21
          Designation
          Chairman
        • BD Session End
          2025-04-20
          Classification
          Non - Executive
        • Qualification
          1/Master Degree in Business, Thunderbird School of Global Management, USA, 2013G. 2/bachelor's degree in chemical engineering, King Saud University, KSA, 1991G.
        Companies Membership
        • Memebrship Name
          Technical and Vocational Training Corporation
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -
        • Memebrship Name
          Saudi Energy Efficiency Center
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -
        • Memebrship Name
          Higher Institute for Plastics Fabrication
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -
      • Board of Directors

        Eng. Ahmed Mohammed Ahmed Al-Jabr Deputy Chairman - Non Executive

        Eng. Ahmed Mohammed Ahmed Al-Jabr
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-20
          Classification
          Deputy Chairman - Non Executive
        • Qualification
          Bachelor degree in Chemical Engineering, King Fahd University of Petroleum and Minerals, KSA, 1987G.
        Companies Membership
        • Memebrship Name
          National Industrial Gases Company (GAS)
          Start Date
          -
        • Memebrship Character
          Chairman
          End Date
          -

        Mr. Badr Abdullah Saad Al-Ghariry Non - Executive

        Mr. Badr Abdullah Saad Al-Ghariry
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-20
          Classification
          Non - Executive
        • Qualification
          Bachelor degree in Finance, Arizona State University, USA, 2013G.
        Companies Membership
        • Memebrship Name
          Global Environmental Management Services
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -

        Mr. Musaad Ahmed Abdullah Al-Sayouhi Non - Executive

        Mr. Musaad Ahmed Abdullah Al-Sayouhi
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-20
          Classification
          Non - Executive
        • Qualification
          1/ Certified Public Accountant Certificate, Washington State Accounting Board of Accountancy, USA, 2016G. 2/ Certified Management Accountant Certificate, Institute of Management Accounting, USA, 2010G.
        Companies Membership
        • Memebrship Name
          Saudi Aramco Jubail Refinery (SASREF)
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -
        • Memebrship Name
          Saudi Aramco Mobil Refinery Company (SAMREF)
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -
        • Memebrship Name
          Stellar Insurance
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -

        Eng. Suliman Khalid Abdulrahman Al-Mazroua Independent

        Eng. Suliman Khalid Abdulrahman Al-Mazroua
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-20
          Classification
          Independent
        • Qualification
          1/ Master degree in Business Administration, University of Hull, United Kingdom, 2006G. 2/ Bachelor degree in Systems Engineering, King Fahd University of Petroleum and Minerals, KSA, 2001G.
        Companies Membership
        • Memebrship Name
          Taibah Valley
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -

        Mr. Amr Abdulaziz Abdullah Al-Jallal Independent

        Mr. Amr Abdulaziz Abdullah Al-Jallal
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-20
          Classification
          Independent
        Companies Membership
        • Memebrship Name
          National Agricultural Development Company (NADEC)
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -
        • Memebrship Name
          Abdulmohsen Alhokair Group for Tourism and Hospitality (Alhokair Group)
          Start Date
          -
        • Memebrship Character
          Vice Chairman
          End Date
          -
        • Memebrship Name
          October Pharma
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -
        • Memebrship Name
          Hamat Holding Company
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -
        • Memebrship Name
          Namara Investments
          Start Date
          -
        • Memebrship Character
          Managing Director
          End Date
          -
        • Memebrship Name
          Venture Capital and Private Equity Association
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -
        • Memebrship Name
          Saudi Egyptian Industrial Investments
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -

        Mr. Soliman Abdulaziz Soliman Al-Hosain Independent

        Mr. Soliman Abdulaziz Soliman Al-Hosain
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-20
          Classification
          Independent
        • Qualification
          Bachelor degree in Business Administration and Marketing, Huston Tillotson University, USA,1983G.
        Companies Membership
        • Memebrship Name
          SABIC Agri-Nutrients Company
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -
        • Memebrship Name
          the National Society for Community Services (Ajwad)
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -
        • Memebrship Name
          SABIC Employees Charity Fund
          Start Date
          -
        • Memebrship Character
          Chairman of the Board of Trustees
          End Date
          -
        • Memebrship Name
          Polymer Plus Technologies Limited
          Start Date
          -
        • Memebrship Character
          Board of Director
          End Date
          -
      • Senior Executives

        Eng. Mohammed Berki Sattam Al-Zuabi CEO

        Eng. Mohammed Berki Sattam Al-Zuabi
        • BD Session Start
          2020-10-01
          Designation
          Senior Executives
        • BD Session End
          -
          Classification
          CEO
        • Qualification
          1/ Master Degree in Sustainable Electrical Energy, Georgia Institute of Technology, USA, 2016G. 2/ Master Degree in Construction Engineering and Management, King Fahd University of Petroleum and Minerals, KSA, 1999G.
        Companies Membership
        • Memebrship Name
          MASA Services Company for Operation and Maintenance
          Start Date
          -
        • Memebrship Character
          Chairman
          End Date
          -
        • Memebrship Name
          Jubail Water and Power Company
          Start Date
          -
        • Memebrship Character
          Chairman
          End Date
          -
        • Memebrship Name
          Jeddah Althaniya Water Company
          Start Date
          -
        • Memebrship Character
          Chairman
          End Date
          -

        Mr. Muhammed Abdulhamid Ibrahim Al-Mulhim CFO

      Mr. Muhammed Abdulhamid Ibrahim Al-Mulhim
      • BD Session Start
        2021-04-12
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CFO
      • Qualification
        Bachelor degree in Finance, King Fahd University of Petroleum and Minerals, KSA, 2004G.
      Companies Membership
      • Memebrship Name
        Marafiq Water and Power Supply Company (Tawreed)
        Start Date
        -
      • Memebrship Character
        Board of Director
        End Date
        -
      • Memebrship Name
        MASA Services Company for Operation and Maintenance
        Start Date
        -
      • Memebrship Character
        Board of Director
        End Date
        -
      • Memebrship Name
        Jeddah Althaniya Water Company
        Start Date
        -
      • Memebrship Character
        Board of Director
        End Date
        -
      • Memebrship Name
        Marafiq Insurance
        Start Date
        -
      • Memebrship Character
        Board of Director
        End Date
        -

      Investor Relations

      Contact Name:

      Investor Relations

      Company Address:

      P.O Box 11133 Jubail Industrial City 31961 Kingdom of Saudi Arabia

      Contact Details:

      Telephone: 0133409762
      Fax : 0133416129
      Email : InvestorRelations@marafiq.com.sa

      Company Website:

      www.marafiq.com.sa


      Name Of Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
      Marafiq Water and Power Supply Company (Tawreed) 100.00% Water transmission through pipelines, electric power distribution and wholesale, water desalination, natural gas transmission through pipelines, water transmission and distribution, operation and maintenance of pumping stations and pipelines, electric power generation, sale of fixed and movable assets, wholesale of desalinated water. Jubail Kingdom of Saudi Arabia
      MASA Services Company for Operation and Maintenance (MaSa) 100.00% Water desalination, sewage disposal, water transmission and distribution, water collection, reducing water salinity, water purification. Jubail Kingdom of Saudi Arabia
      Marafiq Insurance Limited (MIL) 100.00% Underwriting the property and machinery breakdown insurance of the company Guernsey Guernsey
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      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.