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Sahara International Petrochemical Co.

2310
SIPCHEM
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  • Main Market
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Stats Overview

  • Prev. Close 32.70
  • Open 32.75
  • High 33.00
  • Low 32.20
  • No. of Trades 5,258
  • Avg. Trade size* 386
  • Volume Traded 2,031,499
  • Value Traded (SAR) 65,915,789.25

Performance

SIPCHEM
-0.40 ( -1.22% )
Compare
Name Price Change %
Sahara International Petrochemical Co. 32.75 -1.22%
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
32.30
% Change
-1.22
Volume Traded
25

Best Bid

Price 32.30
Volume 11,746

Best Offer

Price 32.40
Volume 3,050

52 WEEK

High
40.30
2023/04/25
Low
30.05
2024/03/04
Change**
-19.05

PERFORMANCE

Start of Year
34.2
Year ago
39.9
3 Years ago
23.52

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Announcements

  • SAHARA INTERNATIONAL PETROCHEMICAL COMPANY (Sipchem) ANNOUNCES THE LATEST DEVELOPMENTS REGARDING THE SCHEDULED PERIODIC MAINTENANCE TURNAROUND FOR AL WAHA PETROCHEMICAL COMPANY PLANT

    2310
    SIPCHEM -1.22 %
    1445/08/25     06/03/2024 15:32:20
  • Sahara International Petrochemical Company (Sipchem) announces the annual Financial Results for the Year Ended on 31 December 2023

    2310
    SIPCHEM -1.22 %
    1445/08/23     04/03/2024 08:48:35
  • SAHARA INTERNATIONAL PETROCHEMICAL COMPANY (Sipchem) ANNOUNCES SCHEDULED PERIODIC MAINTENANCE TURNAROUND FOR ALWAHA PETROCHEMICALS

    2310
    SIPCHEM -1.22 %
    1445/08/03     13/02/2024 15:44:09
  • Sahara International Petrochemical Company (Sipchem) announces receiving a notice of feedstock price increase

    2310
    SIPCHEM -1.22 %
    1445/06/22     04/01/2024 08:04:54
  • Addendum Announcement from Sahara International Petrochemical Co. (Sipchem) regarding expansion project for ethylene cracker plant at Saudi Ethylene and Polyethylene Company

    2310
    SIPCHEM -1.22 %
    1445/06/12     25/12/2023 08:06:27
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Corporate Actions

Upcoming Events

    Past Events

      Jump To :
      • Announcements & Corporate Actions
      • Dividends
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      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount
      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
      29/06/2022 06/07/2022 26/07/2022 Account Transfer 1.75
      15/12/2021 20/12/2021 30/12/2021 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 Flow 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 SAR
      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 2023-09-30
      Total Assets
      22,772,976
      Total Liabilities
      5,949,262
      Total Shareholders Equity (After Deducting the Minority Equity)
      15,907,900
      Total Liabilities and Shareholders Equity
      22,772,976
      Statement of Income 2023-09-30
      Total Revenue (Sales/Operating)
      1,789,373
      Net Profit (Loss) before Zakat and Tax
      293,501
      Zakat and Income Tax
      20,415
      Net Profit (Loss) after Zakat and Tax
      233,085
      Total Comprehensive Income
      234,340
      Profit (Loss) per Share
      0.32
      Cash Flow 2023-09-30
      Net Cash From Operating Activities
      1,664,303
      Net Cash From Investing Activities
      -525,548
      Net Cash From Financing Activities
      -1,686,557
      Cash and Cash Equivalents, Beginning of the Period
      2,455,935
      Cash and Cash Equivalents, End of the Period
      1,908,133
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 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.

      Display Previous Periods
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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
      2024-04-17 خالد عبدالله حمد الزامل Chairman 0.0455782% 0.0455782% 0
      2024-04-17 احمد علي عبدالله الدخيل Board of Directors 0.0000229% 0.0000229% 0
      2024-04-17 زياد عبدالرحمن علي التركي Board of Directors 0.1356818% 0.1356818% 0
      2024-04-17 عبدالله سيف احمد السعدون Senior Executives 0.0081818% 0.0081818% 0
      2024-04-17 عبدالرحمن عبدالله حمد الزامل Board of Directors 0.0944363% 0.0944363% 0
      2024-04-17 سعيد عمر قاسم العيسائي Board of Directors 0.9651661% 0.9651661% 0
      2024-04-17 فهد سليمان عبدالعزيز الراجحي Board of Directors 0.9710729% 0.9710729% 0
      2024-04-17 عبدالله خليفة شاهين البوعينين Board of Directors 0.0066818% 0.0066818% 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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      Sahara International Petrochemical Co.
      Price 32.30
      Market Cap (SAR MN) 23,687
      P/E Ratio 20.16
      Index Name Index Level 1D Return
      Sahara International Petrochemical Co. %
      Jump To:
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      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

      Click here

      Equity Profile

      • Authorized Capital (SAR) 7,333,333,320
      • Issued Shares 733,333,332
      • Paid Capital (SAR) 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
      • Date Established

        1999/12/22

      • Financial Year End

        31/12

      • Listing Date

        2006/09/09

      • External Auditors

        [PricewaterhouseCoopers Public Accountants (PWC)]

      • ISIN CODE

        SA000A0KFKK0

      • Number of Employees

        1636

      • Chairman

        Eng. Khalid A. Al-Zamil
        Non - Executive

        Eng. Khalid A. Al-Zamil
        • BD Session Start
          2022-12-10
          Designation
          Chairman
        • BD Session End
          2025-12-09
          Classification
          Non - Executive
      • Board of Directors

        Eng. Reyadh S. Ahmed Non - Executive

        Eng. Reyadh S. Ahmed
        • BD Session Start
          2022-12-10
          Designation
          Board of Directors
        • BD Session End
          2025-12-09
          Classification
          Non - Executive

        Mr. Fahad S. Al-Rajhi Deputy Chairman - Non Executive

        Mr. Fahad S. Al-Rajhi
        • BD Session Start
          2022-12-10
          Designation
          Board of Directors
        • BD Session End
          2025-12-09
          Classification
          Deputy Chairman - Non Executive

        Dr. Abdulrahman A. Al-Zamil Non - Executive

        Dr. Abdulrahman A. Al-Zamil
        • BD Session Start
          2022-12-10
          Designation
          Board of Directors
        • BD Session End
          2025-12-09
          Classification
          Non - Executive

        Mr. Ziad A. Al-Turki Independent

        Mr. Ziad A. Al-Turki
        • BD Session Start
          2022-12-10
          Designation
          Board of Directors
        • BD Session End
          2025-12-09
          Classification
          Independent

        Mr. Saeed O. Al-Esayi Independent

        Mr. Saeed O. Al-Esayi
        • BD Session Start
          2022-12-10
          Designation
          Board of Directors
        • BD Session End
          2025-12-09
          Classification
          Independent

        Mr. Saeed A. Basmah Non - Executive

        Mr. Saeed A. Basmah
        • BD Session Start
          2022-12-10
          Designation
          Board of Directors
        • BD Session End
          2025-12-09
          Classification
          Non - Executive

        Eng. Abdullah Khalifah Al Buainain Independent

        Eng. Abdullah Khalifah Al Buainain
        • BD Session Start
          2022-12-10
          Designation
          Board of Directors
        • BD Session End
          2025-12-09
          Classification
          Independent

        Mr. Ahmad A. Al- Dakheel Independent

        Mr. Ahmad A. Al- Dakheel
        • BD Session Start
          2022-12-10
          Designation
          Board of Directors
        • BD Session End
          2025-12-09
          Classification
          Independent

        Mr. Firas M. Al- Abaad Independent

        Mr. Firas M. Al- Abaad
        • BD Session Start
          2022-12-10
          Designation
          Board of Directors
        • BD Session End
          2025-12-09
          Classification
          Independent

        Eng.Musaed S. Al-Ohaly Independent

        Eng.Musaed S. Al-Ohaly
        • BD Session Start
          2022-12-10
          Designation
          Board of Directors
        • BD Session End
          2025-12-09
          Classification
          Independent
      • Senior Executives

        Eng. Abdullah S. Al-Saadoon CEO

        Eng. Abdullah S. Al-Saadoon
        • BD Session Start
          2019-06-01
          Designation
          Senior Executives
        • BD Session End
          -
          Classification
          CEO

        Mr.Rushdi K. Al-Dulaijan CFO

      Mr.Rushdi K. Al-Dulaijan
      • BD Session Start
        2019-06-01
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CFO

      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:

      www.sipchem.com


      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
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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.