companyprofile

Actions

Takween Advanced Industries Co.

Companies with accumulated losses of 35% to less than 50% of its capital'

1201
TAKWEEN
Add To Watchlist
In your Watchlist
Add To Watchlist
  • Main Market
  • Materials

Stats Overview

  • Prev. Close 15.02
  • Open 15.00
  • High 15.08
  • Low 14.20
  • No. of Trades 2,338
  • Avg. Trade size* 692
  • Volume Traded 1,617,594
  • Value Traded (SAR) 23,741,348.02

Performance

TAKWEEN
-0.68 ( -4.53% )
Compare
Name Price Change %
Takween Advanced Industries Co. 15.00 -4.53%
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
14.34
% Change
-4.53
Volume Traded
70

Best Bid

Price 14.34
Volume 1,470

Best Offer

Price 14.40
Volume 2,254

52 WEEK

High
18.15
2023/05/01
Low
10.29
2023/10/24
Change**
-11.81

PERFORMANCE

Start of Year
12.88
Year ago
16.26
3 Years ago
28.3

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

  • Takween Advanced Industries Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the ( First Meeting )

    1201
    TAKWEEN -4.53 %
    1445/09/24     03/04/2024 15:43:46
  • Takween Advanced Industries Co. Announces the Distribution of Compensation to Right Issues Owners who did not Use their Rights to Subscribe to New Shares

    1201
    TAKWEEN -4.53 %
    1445/09/22     01/04/2024 16:02:46
  • Addendum Announcement from Takween Advanced Industries Co. in regard to the announcement of the annual financial results ending on 12-31-2023.

    1201
    TAKWEEN -4.53 %
    1445/09/22     01/04/2024 16:02:18
  • Correction announcement from Takween Advanced Industries Co. in regards to annual consolidated financial results for the year ending on 31/12/2023

    1201
    TAKWEEN -4.53 %
    1445/09/21     31/03/2024 08:50:55
  • Takween Advanced Industries Co. announces its Annual Financial results for the period ending on 2023-12-31

    1201
    TAKWEEN -4.53 %
    1445/09/18     28/03/2024 15:57:16
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
      17/02/2014 02/04/2014 29/04/2014 Account Transfer 0.50
      17/02/2013 08/04/2013 29/04/2013 Account Transfer 0.50
      03/03/2012 18/04/2012 02/05/2012 Account Transfer 1.35

      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
      1,304,400
      - - -
      Total Liabilities
      1,100,647
      - - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      203,753
      - - -
      Total Liabilities and Shareholders Equity
      1,304,400
      - - -
      Statement of Income 2023-12-31
      Total Revenue (Sales/Operating)
      818,163
      - - -
      Net Profit (Loss) before Zakat and Tax
      -222,374
      - - -
      Zakat and Income Tax
      -959
      - - -
      Net Profit (Loss) after Zakat and Tax
      -223,333
      - - -
      Total Comprehensive Income
      -230,873
      - - -
      Profit (Loss) per Share
      -4.81
      - - -
      Cash Flow 2023-12-31
      Net Cash From Operating Activities
      -74,981
      - - -
      Net Cash From Investing Activities
      -27,809
      - - -
      Net Cash From Financing Activities
      77,929
      - - -
      Cash and Cash Equivalents, Beginning of the Period
      36,866
      - - -
      Cash and Cash Equivalents, End of the Period
      5,892
      - - -
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2024-04-01

      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
      1,428,546
      Total Liabilities
      1,087,443
      Total Shareholders Equity (After Deducting the Minority Equity)
      341,103
      Total Liabilities and Shareholders Equity
      1,428,546
      Statement of Income 2023-09-30
      Total Revenue (Sales/Operating)
      194,710
      Net Profit (Loss) before Zakat and Tax
      -30,272
      Zakat and Income Tax
      -37
      Net Profit (Loss) after Zakat and Tax
      -30,309
      Total Comprehensive Income
      -30,299
      Profit (Loss) per Share
      -0.65
      Cash Flow 2023-09-30
      Net Cash From Operating Activities
      -101,101
      Net Cash From Investing Activities
      -17,110
      Net Cash From Financing Activities
      98,923
      Cash and Cash Equivalents, Beginning of the Period
      36,866
      Cash and Cash Equivalents, End of the Period
      11,488
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2023-10-31

      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
      2024-04-24 عبدالمحسن محمد عبدالله العثمان Chairman 5.8869224% 5.8869224% 0
      2024-04-24 خالد ناصر عبدالرحمن المعمر Board of Directors 0.0006395% 0.0006395% 0
      2024-04-24 جورجس الخوري انطونيوس ابراهام Board of Directors 0.0014255% 0.0014255% 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
      Takween Advanced Industries Co.
      Price 14.34
      Market Cap (SAR MN) 1,115
      P/E Ratio -
      Index Name Index Level 1D Return
      Takween Advanced Industries Co. %
      Jump To:
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
      • Peer Comparison
      • Company Profile

      Company Profile

      Company overview

      Takween Advanced Industries and its wholly owned subsidiaries (the Group) manufacture and sell wide range of plastic packaging products and nonwoven fabrics. It principal activities are: Production of disposable polystyrene cups, lids and other plastic related products Production of non-woven plastics Production of PET pre-forms Manufacturing of, and wholesale trading in, cartons and plastic containers Manufacturing of, and wholesale and retail trading in , plastic containers and polyethylene cups, rolls and bags.

      Company History

      Takween Advanced Industries Company is a public joint stock company listed under the Commercial Register 2051044381 with a capital of SAR 950,000,000 dating back to the year 1993 AD by its founder Sheikh Mohammed bin Abdullah bin Zaid Al Othman, where it was previously known as Al Othman Plastic Products Company (Plastico). Since that date, the company has gone through many developments until it became a joint stock company in 2010. In the year 2012 AD, the company was listed in the Saudi stock market, after offering 30% of its shares for public subscription. Takween is classified as a basic material company and its activity is concentrated in two main industrial sectors distributed among five subsidiary companies, four of them are in the Kingdom of Saudi Arabia and one company outside the Kingdom in The industrial city of Borg El Arab in Alexandria, Arab Republic of Egypt. Below is a summary of the company''''s projects. First: The plastic sector (the manufacture of plastic packages). Three main companies operate in this sector, the Saudi Plastic Company for Packaging Systems (plastico) and their locations (Jeddah, Riyadh, Al-Ahsa), AlSharq Company for Plastic Industries (AlSharq) and its location in Riyadh and NewMarina Industries Plastic (Newmarina Plast Egypt) Second: The non-woven tissue sector (for health and medical products). The advanced Fabric company Ltd. (SAAF) and its locations (Al-Ahsa, Rabigh) work in this sector. The message of Takween is to take the lead in providing plastic packaging products by providing the best economical, efficient and innovative solutions in the plastic packaging and non-woven fabrics industry.

      Company Bylaws

      Click here

      Equity Profile

      • Authorized Capital (SAR) 764,646,060
      • Issued Shares 76,464,606
      • Paid Capital (SAR) 764,646,060
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2024-02-14

      Investment limits

      There are no investment limits on the company 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 by law and the issued instructions by the related regulators and supervisory authorities.

       

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

        1993/10/21

      • Financial Year End

        31/12

      • Listing Date

        2012/02/07

      • External Auditors

        [[{ AlKharashi & Co Mazars }]]

      • ISIN CODE

        SA130G50IOH8

      • Number of Employees

        -

      • Chairman

        Mr. Abdulmohsen M. Al-Othman
        Non - Executive

        Mr. Abdulmohsen M. Al-Othman
        • BD Session Start
          2023-01-21
          Designation
          Chairman
        • BD Session End
          2026-01-20
          Classification
          Non - Executive
        • Qualification
          Bachelors degree in Accounting, KFUPM
      • Board of Directors

        Mr. Saleh Hassan Al-Afaleq Deputy Chairman - Independent

        Mr. Saleh Hassan Al-Afaleq
        • BD Session Start
          2023-01-21
          Designation
          Board of Directors
        • BD Session End
          2026-01-20
          Classification
          Deputy Chairman - Independent
        • Qualification
          Bachelor's Degree in Business Administration - King Faisal University . Master Degree in HR Developing - Seattle Pacific University

        Mr. George Abraham Non - Executive

        Mr. George Abraham
        • BD Session Start
          2023-01-21
          Designation
          Board of Directors
        • BD Session End
          2026-01-20
          Classification
          Non - Executive
        • Qualification
          Bachelor’s Degree in Business Administration and a double major in Finance and Management from the University of Saint Joseph in Beirut and Paris Dauphine in France.
        Companies Membership
        • Memebrship Name
          Al Othman Holding Co
          Start Date
          1997-01-01
        • Memebrship Character
          Non-Executive
          End Date
          -

        Mr. Khaled N. Al Muammar Independent

        Mr. Khaled N. Al Muammar
        • BD Session Start
          2023-01-21
          Designation
          Board of Directors
        • BD Session End
          2026-01-20
          Classification
          Independent
        • Qualification
          Bachelor Degree in Accounting, KFUPM

        Mr. Hassan E. Qabbani Independent

        Mr. Hassan E. Qabbani
        • BD Session Start
          2023-01-21
          Designation
          Board of Directors
        • BD Session End
          2026-01-20
          Classification
          Independent
        • Qualification
          Management Courses

        Mr. Amar Zahid Independent

        Mr. Amar Zahid
        • BD Session Start
          2023-07-24
          Designation
          Board of Directors
        • BD Session End
          2026-01-20
          Classification
          Independent
        • Qualification
          Master of Science from University of Strathclyde
      • Senior Executives

        Mr. Nizar Ahmed CFO

        Mr. Nizar Ahmed
        • BD Session Start
          2024-03-03
          Designation
          Senior Executives
        • BD Session End
          -
          Classification
          CFO
        • Qualification
          Bachelor's Degree in Accounting

        Mr. Majed Mazen Nofal CEO

      Mr. Majed Mazen Nofal
      • BD Session Start
        2023-01-09
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CEO
      • Qualification
        Bachelor degree in Accounting from King Saud University

      Investor Relations

      Contact Name:

      Investor Relations Department

      Company Address:

      16th Floor, Al Othman Office Towers King Saud Bin AbdulAziz Rd. P.O. Box 13;2500, Al-Khobar 31952

      Contact Details:

      Telephone: 0138534314
      Fax : 0138534343
      Email : mohammad.mustafa@takweenai.com

      Company Website:

      http://takweenai.com


      Name Of Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
      Advanced Fabrics Factory Company (SAAF) 30.00% Producing recycled Polypropylene granules and nonwoven fabric Saudi Arabia Saudi Arabia
      Ultra Pak Manufacturing Company 99.00% Investment Company Saudi Arabia Saudi Arabia
      Saudi Plastic Packaging Systems Company Limited 99.00% Wholesaling and retailing plastic carton and carton box, bottles, plastic caps, printed tin plates, metal containers, semi-metal containers, glass bottles, various household glassware, sodium silicate, business services, import, export and business undertakings Saudi Arabia Saudi Arabia
      Al-Sharq Company for Plastic Industries Limited 99.00% Producing polyethylene bags and rolls, one time use Polystyrene cups, bottles and plates, jerry cans, bottles, barrels, Melamine various household tools, heavy duty polyethylene bags, plastic pails, trash cans, boxes and plastic profiles, sanitary ware, and polyethylene chips Saudi Arabia Saudi Arabia
      New Marina for Plastic Industries Company (S.A.E.) 99.66% Establishing and operating a factory specialized in manufacturing and selling all types of plastic products, establishing and operating the factory for foam and spare parts and metal working and repairing, and general import, export, trading and finance renting, in accordance with the provisions of Law No, 95 of 1995G. Egypt Egypt
      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.