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Advanced Petrochemical Co.
- Main Market
- Materials
Stats Overview
-
Prev. Close 30.10
-
Open 30.15
-
High 30.80
-
Low 29.90
-
No. of Trades 2,073
-
Avg. Trade size* 249
-
Volume Traded 516,656
-
Value Traded (^) 15,588,770.95
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
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Dividends
| Announced Date | Eligibility Date | Distribution Date | Distribution Way | Dividend Amount |
|---|---|---|---|---|
| 21/02/2023 | 18/05/2023 | 28/05/2023 | Account Transfer | ^0.55 |
| 28/09/2022 | 08/12/2022 | 18/12/2022 | Account Transfer | ^0.55 |
| 06/07/2022 | 08/09/2022 | 18/09/2022 | Account Transfer | ^0.55 |
| 29/03/2022 | 12/05/2022 | 22/05/2022 | Account Transfer | ^0.55 |
| 22/12/2021 | 10/02/2022 | 20/02/2022 | Account Transfer | ^0.65 |
CompanyProfilev2Financials
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Financials
- FINANCIAL INFORMATION
- FINANCIAL STATEMENTS AND REPORTS
- Annually
- Quarterly
| Balance Sheet | 2024-12-31 | 2023-12-31 | ||
|---|---|---|---|---|
| Total Assets |
12,650,148
|
11,470,251
|
- | - |
| Total Liabilities |
9,408,300
|
7,865,375
|
- | - |
| Total Shareholders Equity (After Deducting the Minority Equity) |
2,872,836
|
3,230,072
|
- | - |
| Total Liabilities and Shareholders Equity |
12,650,148
|
11,470,251
|
- | - |
| Statement of Income | 2024-12-31 | 2023-12-31 | ||
| Total Revenue (Sales/Operating) |
2,192,636
|
2,373,514
|
- | - |
| Net Profit (Loss) before Zakat and Tax |
-255,462
|
176,379
|
- | - |
| Zakat and Income Tax |
-9,510
|
-9,478
|
- | - |
| Net Profit (Loss) after Zakat and Tax |
-264,972
|
171,061
|
- | - |
| Total Comprehensive Income |
-373,700
|
157,853
|
- | - |
| Profit (Loss) per Share |
-1
|
0.66
|
- | - |
| Cash Flows | 2024-12-31 | 2023-12-31 | ||
| Net Cash From Operating Activities |
34,903
|
211,121
|
- | - |
| Net Cash From Investing Activities |
-2,176,507
|
-3,209,744
|
- | - |
| Net Cash From Financing Activities |
1,357,997
|
2,915,752
|
- | - |
| Cash and Cash Equivalents, Beginning of the Period |
923,664
|
1,006,535
|
- | - |
| Cash and Cash Equivalents, End of the Period |
140,057
|
923,664
|
- | - |
| All Figures in | Thousands | Thousands | ||
| All Currency In | ^ | ^ | ||
| Last Update Date | 2025-03-09 | 2024-02-25 |
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 | 2024-06-30 | 2024-03-31 | 2023-09-30 | |
|---|---|---|---|---|
| Total Assets |
11,878,095
|
11,272,654
|
11,490,500
|
|
| Total Liabilities |
8,344,446
|
7,677,985
|
7,907,623
|
|
| Total Shareholders Equity (After Deducting the Minority Equity) |
3,162,061
|
3,221,976
|
3,582,877
|
|
| Total Liabilities and Shareholders Equity |
11,878,095
|
11,272,654
|
11,490,500
|
|
| Statement of Income | 2024-06-30 | 2024-03-31 | 2023-09-30 | |
| Total Revenue (Sales/Operating) |
649,055
|
321,230
|
594,251
|
|
| Net Profit (Loss) before Zakat and Tax |
42,098
|
-60,480
|
47,727
|
|
| Zakat and Income Tax |
-1,645
|
- |
2,581
|
|
| Net Profit (Loss) after Zakat and Tax |
40,453
|
-60,480
|
45,146
|
|
| Total Comprehensive Income |
-62,170
|
-11,357
|
-45,989
|
|
| Profit (Loss) per Share |
0.16
|
-0.23
|
0.17
|
|
| Cash Flows | 2024-06-30 | 2024-03-31 | 2023-09-30 | |
| Net Cash From Operating Activities |
82,817
|
55,158
|
320,970
|
|
| Net Cash From Investing Activities |
-1,234,564
|
-669,866
|
-2,435,818
|
|
| Net Cash From Financing Activities |
378,083
|
-191,350
|
3,026,188
|
|
| Cash and Cash Equivalents, Beginning of the Period |
923,664
|
923,664
|
1,006,535
|
|
| Cash and Cash Equivalents, End of the Period |
150,000
|
117,606
|
1,917,875
|
|
| All Figures in | Thousands | Thousands | Thousands | |
| All Currency In | ^ | ^ | ^ | |
| Last Update Date | 2024-07-21 | 2024-05-19 | 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
Advanced Petrochemical Company )Advanced( or )Company( is engaged in the manufacture of plastics in primary forms, investment in industrial projects including, but not limited to, projects relating to petrochemical, chemical, basic and conversion industries and industries relating to renewable energy and to establish, operate and own industrial projects both within and outside of the Kingdom of Saudi Arabia. In May 2005, Advanced started the construction of its integrated petrochemical plants, located in Jubail Industrial City in the Eastern Province of the Kingdom of Saudi Arabia, which started its commercial production from its polypropylene facility on the March 03, 2008. The integrated plant is designed to produce 455,000 tons per year of propylene and 450,000 tons per year of polypropylene (nameplate capacities) from its production facility. Advanced utilizes the PDH-Catofin Technology, which is licensed by LummusTechnology, for the production of propylene, and it uses the Novolen Technology for the production of various polypropylene products. The products are marketed locally and globally through well-renowned off-takers. The Companys products are used in plastic applications such as cast film, BOPP films, fibers, filaments, woven tapes, non woven fabrics, and injection molding. Since the inception of Advanced, it has established itself as one of the major players in the petrochemical industry in the region.
Company History
Advanced was incorporated as a closed joint stock company under Commercial Registration No. (2050049604) dated October 01, 2005 (corresponding to Sha aban 27, 1426H) with a paid-up capital of (750,000,000) Saudi riyals divided into (75,000,000) ordinary shares with a nominal value of (10) Saudi riyals per share. In 2007 (corresponding to the year of 1427H), Advanced raised its capital by the amount of (663,750,000) Saudi riyals divided into (66,375,000) ordinary shares by issuing new shares to increase the capital through an initial public offering, so that the companys capital after public subscription became (1,413,750,000) Saudi riyals divided into (141,375,000) ordinary shares with a nominal value of (10) riyals per share. Thereafter, Advanced implemented several changes in the capital through the Board of Directors recommendation to raise the companys capital by issuing shares bonus on December 18, 2011 (corresponding to 01/23/1443H), where its capital after the increase and the approval of the Extraordinary General Assembly became (1,639,950,000) Saudi riyals. On May 17, 2016 (corresponding to 10/08/1437H), the Board of Directors recommended an increase in the companys capital, so that its capital after the increase and the approval of the Extraordinary General Assembly became (1,967,940,000) Saudi Riyals. On May 23, 2019 (corresponding to 09/18/1440H), the Board of Directors recommended an increase in the companys capital, so that its capital after the increase and the approval of the Extraordinary General Assembly became (2,164,734,000) Saudi riyals. On January 25, 2022 (corresponding to 06/22/1443H), the Board of Directors recommended an increase in the companys capital, so that after the increase and the approval of the Extraordinary General Assembly, its capital became (2,600,000,000) Saudi riyals divided into (260,000,000) ordinary shares with a nominal value of (10) riyals per share.
Company Bylaws
Equity Profile
- Authorized Capital (^) 2,600,000,000
- Issued Shares 260,000,000
- Paid Capital (^) 2,600,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2022-03-21
Investment limits
There are no investment limits on the companys 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 companys bylaw and the issued instruction by the related regulators and supervisory authorities
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
Investor Relations
Contact Name:
Faisal Hamoud M. Al-Jalhami
Company Address:
P.O.Box 11022 Post code 31961 jubail Eastern Province Saudi Arabia
Contact Details:
Telephone:
0133566061
Fax
: 0133566065
Email
: faisal.jalhami@advancedpetrochem.com
Company Website:
| Name Of Subsidiary | Percentage Of Property | Main Business | Location Of Operation | Country Of Operation |
|---|---|---|---|---|
| Advanced Global Investment Company | 100.00% | Invest in industrial projects, including projects related to the basic petrochemical and chemical industries, or conversion inside and outside the Kingdom of Saudi Arabia. | Jubail Industrial City | Kingdom of Saudi Arabia |
| Advanced Global Marketing Company | 100.00% | Market products of petrochemical, chemical, basic and downstream industries as well as the provision of marketing services on behalf of Advanced and its affiliates. | Jubail Industrial City | Kingdom of Saudi Arabia |
| Advanced International Holding Company Ltd. | 100.00% | Invest in the production and marketing of petrochemical and chemical products. | Luxembourg | Luxembourg |
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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