companyprofile

Actions

Advanced Petrochemical Co.

2330
ADVANCED
Add To Watchlist
In your Watchlist
Add To Watchlist
  • Main Market
  • Materials

Stats Overview

  • Prev. Close 39.85
  • Open 39.75
  • High 40.20
  • Low 39.45
  • No. of Trades 1,551
  • Avg. Trade size* 179
  • Volume Traded 277,185
  • Value Traded (SAR) 11,054,441.30

Performance

ADVANCED
0.15 ( 0.38% )
Compare
Name Price Change %
Advanced Petrochemical Co. 39.75 0.38%
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
40.00
% Change
0.38
Volume Traded
300

Best Bid

Price 39.95
Volume 759

Best Offer

Price 40.00
Volume 13,128

52 WEEK

High
47.00
2023/07/24
Low
35.90
2023/10/24
Change**
-14.89

PERFORMANCE

Start of Year
39
Year ago
47
3 Years ago
59.07

Compare Selected

Select a Maximum of 5 Companies

Compare Selected

LoginPortletPopupv2

Actions

AddtoWatchlistv2

Actions

Add to watchlist

AnnouncmentandCorporateAction

Actions
Jump To :
  • Announcements & Corporate Actions
  • Dividends
  • Financials
  • Shareholding
  • Peer Comparison
  • Company Profile

Announcements

  • ADVANCED PETROCHEMICAL COMPANY ANNOUNCES IT'S INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED ON 31 MARCH 2024 (THREE MONTHS)

    2330
    ADVANCED 0.38 %
    1445/11/01     09/05/2024 09:18:01
  • ADVANCED PETROCHEMICAL COMPANY ANNOUNCES THE RESULTS OF 12TH EXTRAORDINARY GENERAL ASSEMBLY MEETING (SECOND MEETING)

    2330
    ADVANCED 0.38 %
    1445/09/21     31/03/2024 08:37:21
  • The Board of Directors of ADVANCED PETROCHEMICAL COMPANY INVITES ITS SHAREHOLDERS TO ATTEND THE 12TH EXTRAORDINARY GENERAL ASSEMBLY MEETING (FIRST MEETING) VIA MODERN TECHNOLOGY MEANS (REMOTELY)

    2330
    ADVANCED 0.38 %
    1445/08/26     07/03/2024 09:03:09
  • ADVANCED PETROCHEMICAL COMPANY ANNOUNCES THE LATEST DEVELOPMENTS REGARDING THE SHUTDOWN OF ITS PROPYLENE & POLYPROPYLENE PLANTS FOR PERIODIC SCHEDULED MAINTENANCE ACTIVITIES

    2330
    ADVANCED 0.38 %
    1445/08/22     03/03/2024 08:38:49
  • ADVANCED PETROCHEMICAL COMPANY ANNOUNCES THE SIGNING OF ENGINEERING, PROCUREMENT AND CONSTRUCTION CONTRACTS BY ADVANCED POLYOLEFINS INDUSTRY COMPANY FOR THE CONSTRUCTION OF AN ISOPROPANOL PLANT IN JUBAIL INDUSTRIAL CITY, KINGDOM OF SAUDI ARABIA

    2330
    ADVANCED 0.38 %
    1445/08/08     18/02/2024 08:07:38
View All

Corporate Actions

Upcoming Events

    Past Events

      Jump To :
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
      • Peer Comparison
      • Company Profile

      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

      Actions
      Jump To:
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
      • Peer Comparison
      • Company Profile

      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet 2023-12-31
      Total Assets
      11,470,251
      - - -
      Total Liabilities
      7,865,375
      - - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      3,230,072
      - - -
      Total Liabilities and Shareholders Equity
      11,470,251
      - - -
      Statement of Income 2023-12-31
      Total Revenue (Sales/Operating)
      2,373,514
      - - -
      Net Profit (Loss) before Zakat and Tax
      176,379
      - - -
      Zakat and Income Tax
      -9,478
      - - -
      Net Profit (Loss) after Zakat and Tax
      171,061
      - - -
      Total Comprehensive Income
      157,853
      - - -
      Profit (Loss) per Share
      0.66
      - - -
      Cash Flow 2023-12-31
      Net Cash From Operating Activities
      211,121
      - - -
      Net Cash From Investing Activities
      -3,209,744
      - - -
      Net Cash From Financing Activities
      2,915,752
      - - -
      Cash and Cash Equivalents, Beginning of the Period
      1,006,535
      - - -
      Cash and Cash Equivalents, End of the Period
      923,664
      - - -
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 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 2024-03-31 2023-09-30
      Total Assets
      11,272,654
      11,490,500
      Total Liabilities
      7,677,985
      7,907,623
      Total Shareholders Equity (After Deducting the Minority Equity)
      3,221,976
      3,582,877
      Total Liabilities and Shareholders Equity
      11,272,654
      11,490,500
      Statement of Income 2024-03-31 2023-09-30
      Total Revenue (Sales/Operating)
      321,230
      594,251
      Net Profit (Loss) before Zakat and Tax
      -60,480
      47,727
      Zakat and Income Tax -
      2,581
      Net Profit (Loss) after Zakat and Tax
      -60,480
      45,146
      Total Comprehensive Income
      -11,357
      -45,989
      Profit (Loss) per Share
      -0.23
      0.18
      Cash Flow 2024-03-31 2023-09-30
      Net Cash From Operating Activities
      55,158
      320,970
      Net Cash From Investing Activities
      -669,866
      -2,435,818
      Net Cash From Financing Activities
      -191,350
      3,026,188
      Cash and Cash Equivalents, Beginning of the Period
      923,664
      1,006,535
      Cash and Cash Equivalents, End of the Period
      117,606
      1,917,875
      All Figures in Thousands Thousands
      All Currency In SAR SAR
      Last Update Date 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.

      Display Previous Periods
      Jump To:
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
      • Peer Comparison
      • Company Profile

      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
      2024-07-14 خليفه عبداللطيف عبدالله الملحم Chairman 3.8497842% 3.8497842% 0
      2024-07-14 محمد خليفة عبداللطيف الملحم Board of Directors 0.0218208% 0.0218208% 0
      2024-07-14 بدر اسامه حسن جوهر Board of Directors 0.0000004% 0.0000004% 0
      2024-07-14 وليد محمد عبدالله الجعفري Board of Directors 0.3198077% 0.3198077% 0
      2024-07-14 عبدالعزيز عبدالله مقبل الحبردي Board of Directors 0.0046154% 0.0046154% 0
      2024-07-14 عبدالعزيز عبدالله عبدالعزيز المبارك الملحم Board of Directors 0.0018223% 0.0018223% 0
      2024-07-14 عبدالله ابراهيم عبدالله السعدان Board of Directors 0.0131962% 0.0131962% 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.
      for
      subs
      Jump To:
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
      • Peer Comparison
      • Company Profile

      Peer Comparison

      • Table
      • Graphical
      Add Company

      Compare Selected

      Select a Maximum of 5 Companies

      Company Apply
      Advanced Petrochemical Co.
      Price 40.00
      Market Cap (SAR MN) 10,400
      P/E Ratio 148.57
      Index Name Index Level 1D Return
      Advanced Petrochemical Co. %
      Jump To:
      • 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

      Click here

      Equity Profile

      • Authorized Capital (SAR) 2,600,000,000
      • Issued Shares 260,000,000
      • Paid Capital (SAR) 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
      • Date Established

        2005/10/01

      • Financial Year End

        31/12

      • Listing Date

        2007/01/20

      • External Auditors

        [Ernst & Young]

      • ISIN CODE

        SA000A0LE310

      • Number of Employees

        325

      • Chairman

        Mr. Khalifa Abdullatif Abdullah Al-Mulhem
        Non - Executive

        Mr. Khalifa Abdullatif Abdullah Al-Mulhem
        • BD Session Start
          2022-10-01
          Designation
          Chairman
        • BD Session End
          2025-09-30
          Classification
          Non - Executive
        • Qualification
          Bachelor of Business Administration
        Companies Membership
        • Memebrship Name
          National Shipping Company of Saudi Arabia(BAHRI)
          Start Date
          2020-01-16
        • Memebrship Character
          Independent
          End Date
          2023-01-15
        • Memebrship Name
          .Canadian Medical Center Co
          Start Date
          2022-12-28
        • Memebrship Character
          Non-Executive
          End Date
          2025-12-27
        • Memebrship Name
          .Walaa Cooperative Insurance Co
          Start Date
          2022-05-26
        • Memebrship Character
          Non-Executive
          End Date
          2025-05-25
      • Board of Directors

        Eng. Abdallah Ibrahem Abdallah Al Saadan Non - Executive

        Eng. Abdallah Ibrahem Abdallah Al Saadan
        • BD Session Start
          2022-10-01
          Designation
          Board of Directors
        • BD Session End
          2025-09-30
          Classification
          Non - Executive
        • Qualification
          Bachelor in Chemical Engineering Master in Computer Science

        Eng. Abdulaziz Abdullah Megbel Al-Habardi Non - Executive

        Eng. Abdulaziz Abdullah Megbel Al-Habardi
        • BD Session Start
          2022-10-01
          Designation
          Board of Directors
        • BD Session End
          2025-09-30
          Classification
          Non - Executive
        • Qualification
          Bachelor in Mechanical Engineering

        Eng. Mohammed Khalifah Abdullatif Al-Mulhem Non - Executive

        Eng. Mohammed Khalifah Abdullatif Al-Mulhem
        • BD Session Start
          2022-10-01
          Designation
          Board of Directors
        • BD Session End
          2025-09-30
          Classification
          Non - Executive
        • Qualification
          Bachelor in Civil Engineering Master Finance and Banking
        Companies Membership
        • Memebrship Name
          Riyadh Cement Co.
          Start Date
          2022-06-15
        • Memebrship Character
          Independent
          End Date
          2025-06-14

        Eng. Abdulsalam Mazro Abdullah Al-Mazro Independent

        Eng. Abdulsalam Mazro Abdullah Al-Mazro
        • BD Session Start
          2022-10-01
          Designation
          Board of Directors
        • BD Session End
          2025-09-30
          Classification
          Independent
        • Qualification
          Bachelor of Chemical Engineering Master of Business Management

        Mr. Abdulaziz Abdullah Abdulaziz Al-Mulhem Non - Executive

        Mr. Abdulaziz Abdullah Abdulaziz Al-Mulhem
        • BD Session Start
          2022-10-01
          Designation
          Board of Directors
        • BD Session End
          2025-09-30
          Classification
          Non - Executive
        • Qualification
          Bachelor of Business Administration

        Mr. Waleed Mohammed Abdullah Al-Jaafari Deputy Chairman - Non Executive

        Mr. Waleed Mohammed Abdullah Al-Jaafari
        • BD Session Start
          2022-10-01
          Designation
          Board of Directors
        • BD Session End
          2025-09-30
          Classification
          Deputy Chairman - Non Executive
        • Qualification
          Bachelor in Economics
        Companies Membership
        • Memebrship Name
          Walaa Cooperative Insurance Co
          Start Date
          2022-05-26
        • Memebrship Character
          Non-Executive
          End Date
          2025-05-25
        • Memebrship Name
          Eastern Province Cement Co
          Start Date
          2021-01-29
        • Memebrship Character
          Independent
          End Date
          2024-01-28
        • Memebrship Name
          Aldawaa Medical Services Co.
          Start Date
          2021-06-06
        • Memebrship Character
          Executive
          End Date
          2026-06-05

        Dr. Badr Osama H. Johar Independent

        Dr. Badr Osama H. Johar
        • BD Session Start
          2022-10-01
          Designation
          Board of Directors
        • BD Session End
          2025-09-30
          Classification
          Independent
        • Qualification
          Bachelor in Industrial Engineering Master in Industrial Engineering PhD Industrial Engineering

        Eng. Nader Saleh Abdullah Al-Dakheel Independent

        Eng. Nader Saleh Abdullah Al-Dakheel
        • BD Session Start
          2022-10-01
          Designation
          Board of Directors
        • BD Session End
          2025-09-30
          Classification
          Independent
        • Qualification
          Bachelor of Mechanical Engineering Master of Structural Engineering and Projects Master of Business Management
      • Senior Executives

        Eng. Fahad Bin Salem Bin Fahad Al-Matrafi CEO

        Eng. Fahad Bin Salem Bin Fahad Al-Matrafi
        • BD Session Start
          2019-08-16
          Designation
          Senior Executives
        • BD Session End
          -
          Classification
          CEO
        • Qualification
          Bachelor of Chemical Engineering Executive MBA

        Mr. Abdulaziz Saif Abdulrahman Al-Ardhi CFO

      Mr. Abdulaziz Saif Abdulrahman Al-Ardhi
      • BD Session Start
        2021-09-01
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CFO
      • Qualification
        Bachelor of Accounting Holding SOCPA Certified

      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:

      www.advancedpetrochem.com


      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 Renewable Energy Company 100.00% Its activity is the production of polysilicon and its derivatives, which include photovoltaic cells and photovoltaic panels. 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
      Add To Watchlist
      In your Watchlist
      Add To Watchlist

      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.