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Saudi Arabian Amiantit Co.

2160
AMIANTIT
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  • Main Market
  • Capital Goods

Stats Overview

  • Prev. Close 28.60
  • Open 28.95
  • High 31.25
  • Low 28.55
  • No. of Trades 15,637
  • Avg. Trade size* 624
  • Volume Traded 9,763,048
  • Value Traded (SAR) 293,125,119.40

Performance

AMIANTIT
2.20 ( 7.69% )
Compare
Name Price Change %
Saudi Arabian Amiantit Co. 28.95 7.69%
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
30.80
% Change
7.69
Volume Traded
700

Best Bid

Price 30.65
Volume 1,500

Best Offer

Price 30.80
Volume 26,708

52 WEEK

High
32.15
2024/02/26
Low
11.78
2023/11/07
Change**
121.42

PERFORMANCE

Start of Year
21.67
Year ago
13.91
3 Years ago
29.82

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Announcements

  • Saudi Arabian Amiantit Co. Announces the Distribution of Compensation to Right Issues Owners who did not Use their Rights to Subscribe to New Shares

    2160
    AMIANTIT 7.69 %
    1445/10/09     18/04/2024 09:10:04
  • Saudi Arabian Amiantit Co. Announces an update on Signing a settlement agreement for the entire facilities due from SNB amounting to SAR 313 million at a 50% discount.

    2160
    AMIANTIT 7.69 %
    1445/09/14     24/03/2024 09:23:10
  • Saudi Arabian Amiantit Co. Announces the Results of Remaining Offering and the Allotment of Right Issues

    2160
    AMIANTIT 7.69 %
    1445/09/09     19/03/2024 15:58:46
  • Saudi Arabian Amiantit announces the signing of several contracts for its 100% owned subsidiaries with several contractors

    2160
    AMIANTIT 7.69 %
    1445/09/03     13/03/2024 09:01:44
  • Saudi Arabian Amiantit Co. Announces the Results of Right Issues Trading and New Shares Subscription, and the details of Selling Unsubscribed Shares

    2160
    AMIANTIT 7.69 %
    1445/09/01     11/03/2024 15:36:43
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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
      14/02/2016 04/04/2016 14/04/2016 Account Transfer 0.65
      06/02/2014 20/03/2014 03/04/2014 Account Transfer 1.00
      03/02/2013 09/03/2013 20/03/2013 Account Transfer 1.00
      01/02/2012 29/02/2012 10/03/2012 Account Transfer 1.25
      28/12/2010 27/02/2011 09/03/2011 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
      2,309,890
      - - -
      Total Liabilities
      2,114,902
      - - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      167,777
      - - -
      Total Liabilities and Shareholders Equity
      2,309,890
      - - -
      Statement of Income 2023-12-31
      Total Revenue (Sales/Operating)
      718,962
      - - -
      Net Profit (Loss) before Zakat and Tax
      -31,244
      - - -
      Zakat and Income Tax
      -139,188
      - - -
      Net Profit (Loss) after Zakat and Tax
      -174,656
      - - -
      Total Comprehensive Income
      -173,292
      - - -
      Profit (Loss) per Share
      -17.73
      - - -
      Cash Flow 2023-12-31
      Net Cash From Operating Activities
      42,231
      - - -
      Net Cash From Investing Activities
      10,191
      - - -
      Net Cash From Financing Activities
      -61,024
      - - -
      Cash and Cash Equivalents, Beginning of the Period
      41,741
      - - -
      Cash and Cash Equivalents, End of the Period
      33,139
      - - -
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2024-02-19

      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
      2,310,858
      Total Liabilities
      2,079,309
      Total Shareholders Equity (After Deducting the Minority Equity)
      203,720
      Total Liabilities and Shareholders Equity
      2,310,858
      Statement of Income 2023-09-30
      Total Revenue (Sales/Operating)
      160,565
      Net Profit (Loss) before Zakat and Tax
      -14,812
      Zakat and Income Tax
      -115,055
      Net Profit (Loss) after Zakat and Tax
      -130,102
      Total Comprehensive Income
      -129,982
      Profit (Loss) per Share
      -13.21
      Cash Flow 2023-09-30
      Net Cash From Operating Activities
      18,971
      Net Cash From Investing Activities
      -1,422
      Net Cash From Financing Activities
      -12,998
      Cash and Cash Equivalents, Beginning of the Period
      41,741
      Cash and Cash Equivalents, End of the Period
      46,292
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2023-10-30

      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
      2024-04-18 الا مير احمد بن خالد بن عبدالله آل سعود Chairman 2.5122716% 2.5122716% 0
      2024-04-18 خالد محمد سعد البواردي Board of Directors 0.0002424% 0.0002424% 0
      2024-04-18 محمد سعود عبدالعزيز البدر Board of Directors 0.0134680% 0.0134680% 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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      Company Apply
      Saudi Arabian Amiantit Co.
      Price 30.80
      Market Cap (SAR MN) 1,372
      P/E Ratio -
      Index Name Index Level 1D Return
      Saudi Arabian Amiantit Co. %
      Jump To:
      • Announcements & Corporate Actions
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      • Company Profile

      Company Profile

      Company overview

      Manufacturing of pipes with different kinds and applications, tanks and fittings, owns technology, manufacturing of machinery for the producing of the pipes, water management projects and contracting.

      Company History

      The company has been established in 1968G at Dammam, as a Limited Liability company to manufacture pipes, fittings, tanks and rubber products. After several years the company has established a Group of Companies. The company has been converted from Limited liability company into Saudi Joint Stock company in accordance with the H.E. Minister of Commerce )Decree No. 886 dated 6/8/1414H(. The shares of the company have been traded in the Saudi Stock market on May 1996. In 1997 the company has started to implement the strategy of expansion in the GCC and in the other countries. In 2001 the Company has acquired Flowtite Group which was located in most of the European countries, Africa, South America and Asia. In addition to the Flowtite owns the technology of manufacturing of Fiberglass pipes. In 2017 Flowtite has been merged with HOBAS, (a leader of manufacturing of Fiberglass pipes in Centrifugal technology), and created a new entity called )AMIBLU(, 50% for each party.

      Company Bylaws

      Click here

      Equity Profile

      • Authorized Capital (SAR) 445,500,000
      • Issued Shares 44,550,000
      • Paid Capital (SAR) 445,500,000
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2024-02-21

      Investment limits

      There is no restriction on the trading of the company shares as per the rules of trading and investment of the foreign institutions which are qualified to trade in the listed financial instruments and in accordance with the instructions controlling the ownership of the foreign strategic investor to own strategic shares in the listed companies and in accordance with the By-Laws of the company and the regulators and supervisory entity which the company is subject to.

       

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

        1968/06/13

      • Financial Year End

        31/12

      • Listing Date

        1996/05/01

      • External Auditors

        [AlKharashi & Co - Mazars SA]

      • ISIN CODE

        SA0007879337

      • Number of Employees

        1179

      • Chairman

        H.H. Prince Ahmad Bin Khaled Al-Saud
        Non - Executive

        H.H. Prince Ahmad Bin Khaled Al-Saud
        • BD Session Start
          2024-01-01
          Designation
          Chairman
        • BD Session End
          2027-12-31
          Classification
          Non - Executive
        • Qualification
          Ph.D in Law
        Companies Membership
        • Memebrship Name
          SAICO
          Start Date
          2009-01-01
        • Memebrship Character
          Non - Executive
          End Date
          -
        • Memebrship Name
          American Express Saudi
          Start Date
          1992-01-01
        • Memebrship Character
          Non - Executive
          End Date
          -
        • Memebrship Name
          AlMasharee Altejaria Ltd.
          Start Date
          1991-01-01
        • Memebrship Character
          Non - Executive
          End Date
          -
        • Memebrship Name
          American Express Middle East Limited
          Start Date
          1992-01-01
        • Memebrship Character
          Non - Executive
          End Date
          -
      • Board of Directors

        Dr. Solaiman AbdulAziz S Al-Twaijri Non - Executive

        Dr. Solaiman AbdulAziz S Al-Twaijri
        • BD Session Start
          2024-01-01
          Designation
          Board of Directors
        • BD Session End
          2027-12-31
          Classification
          Non - Executive
        • Qualification
          Ph.D in Accountancy
        Companies Membership
        • Memebrship Name
          Mulkiya
          Start Date
          2014-03-03
        • Memebrship Character
          outside Board
          End Date
          2019-03-02
        • Memebrship Name
          First Abu Dhabi Bank
          Start Date
          2021-01-01
        • Memebrship Character
          Non - Executive
          End Date
          -
        • Memebrship Name
          international Water Distribution Company
          Start Date
          2008-04-01
        • Memebrship Character
          Non - Executive
          End Date
          -
        • Memebrship Name
          Nadec
          Start Date
          2021-11-01
        • Memebrship Character
          Executive
          End Date
          2022-02-28
        • Memebrship Name
          Walaa
          Start Date
          2007-01-01
        • Memebrship Character
          Non - Executive
          End Date
          -

        Prince Abdulaziz Bin Mohammad Bin Fahad Al-Saud Deputy Chairman - Non Executive

        Prince Abdulaziz Bin Mohammad Bin Fahad Al-Saud
        • BD Session Start
          2024-01-01
          Designation
          Board of Directors
        • BD Session End
          2027-12-31
          Classification
          Deputy Chairman - Non Executive
        • Qualification
          Master in Law

        Khalid Mohammed Al Bawardi Independent

        Khalid Mohammed Al Bawardi
        • BD Session Start
          2024-01-01
          Designation
          Board of Directors
        • BD Session End
          2027-12-31
          Classification
          Independent
        • Qualification
          Bachelor of Management
        Companies Membership
        • Memebrship Name
          Suez International Nitrate Company
          Start Date
          2021-07-01
        • Memebrship Character
          Independent
          End Date
          -

        Mohammed Saud Albadr Independent

        Mohammed Saud Albadr
        • BD Session Start
          2024-01-01
          Designation
          Board of Directors
        • BD Session End
          2027-12-31
          Classification
          Independent
        • Qualification
          Doctor of Philosophy Education
        Companies Membership
        • Memebrship Name
          -
          Start Date
          2010-01-01
        • Memebrship Character
          Non - Executive
          End Date
          -
      • Senior Executives

        Feras Ghassab Al Harbi CEO

        Feras Ghassab Al Harbi
        • BD Session Start
          2022-03-01
          Designation
          Senior Executives
        • BD Session End
          -
          Classification
          CEO
        • Qualification
          Master in Accounting and Finance

        ASGAR YUSUF - SARGUROH CFO

      ASGAR YUSUF - SARGUROH
      • BD Session Start
        2022-03-01
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CFO
      • Qualification
        Bachelor's degree in Accounting and Finance

      Investor Relations

      Contact Name:

      Waleed Mohammad Abu Kishk

      Company Address:

      Dammam - First Industrials city

      Contact Details:

      Telephone: 013-8471500
      Fax : 920004070
      Email : wkishk@Amiantit.com

      Company Website:

      www.amiantit.com


      Name Of Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
      Saudi Arabian Ductile Iron Pipes Co. Ltd. (SADIP) 100.00% Pipe Manufacturing 2nd Industrial city- Dammam Kingdom of Saudi Arabia
      Arabian Building Materials and Industrial Equipment Trading Co. Ltd 100.00% Trading 1st Industrial city- Dammam Kingdom of Saudi Arabia
      Infrastructure Engineering Contracting Co. Ltd. (ISECC) 100.00% Installation and Design Services 1st Industrial city- Dammam Kingdom of Saudi Arabia
      Amiantit Fiberglass Industries Ltd. (AFIL) 100.00% Pipe Manufacturing 1st Industrial city- Dammam Kingdom of Saudi Arabia
      Amiantit Rubber Industries Ltd. (ARIL) 100.00% Rubber Rings and Products for the pipes 1st Industrial city- Dammam Kingdom of Saudi Arabia
      Saudi AMICON Co. Ltd. 100.00% Valves and pipes manufacturing 2nd Industrial city- Dammam Kingdom of Saudi Arabia
      Factory of Bondstrand Ltd. (BSL) 60.00% Pipe Manufacturing 1st Industrial city- Dammam Kingdom of Saudi Arabia
      Amiantit International Holding 100.00% Holding Company Manama- Bahrian Kingdom of Bahrain
      DUCTILE Technology Ltd 100.00% Real Estate Buy and Sale and Leasing Manama- Bahrian Kingdom of Bahrain
      PWT Wasser- und Abwassertechnik GmbH 100.00% Sewerage water and Desalination plant, Maintenance and Water Management and Constructions Germany Germany
      Amiantit Malta Holding Ltd 100.00% Holding Malta Malta
      Amitech Astana TOO 51.00% Pipe Manufacturing Kazakhstan Kazakhstan
      Amitech Switzerland AG 100.00% Holding Switzerland Switzerland
      PWT Saudia 100.00% Sewerage water and Desalination plant, Maintenance and Water Management and Constructions 1st Industrial city- Dammam Kingdom of Saudi Arabia
      PWT Wasser- und Abwassertechnik GmbH- Turkmenistan 100.00% Sewerage water and Desalination plant, Maintenance and Water Management and Constructions Turkmenistan Turkmenistan
      AQUAMUNDO 100.00% Water Management Germany Germany
      Saudi Arabian Amiantit Management Co. Ltd. (SAAM) 100.00% Administration Dammam - KSA 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.