Principal Activities
Holding company investing in the petrochemicals, chemicals and industrial manufacturing industries; manufacture and distribution of petrochemicals including propylene, polypropylene, sodium sulfate and titanium dioxide; packaging materials and plastic products including films, sheets, bags, foils, containers, pails and automobile battery cases; steel wires, spring and welding wires, strands, axles, castings, fasteners, nails, valves, pumps and pipe fittings; recycling of cars and scrap batteries; provides inspection services including training, appraisal, consultancy and technical testing for industrial plants.
Date of Establishment Year
1985 (September)
No of Employees
7,000 (45 Company, 7,000 Group, 962 Headquarters) (As of Apr 20, 2011)
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Major Shareholders  |
Section Updated: 26Sep11
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Note: A K Al Muhaidib and Sons Group and National Industries Group Holding's shares are part of the public stake.
Foreign Ownership Limits
Section Updated: 30Dec09
100%
GCC Nationals
49%
Foreigners
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Auditors
Banks
| The Saudi Investment Bank |
Banque Saudi Fransi |
| Samba Financial Group |
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Law Firms
| Financial Results |
31-Dec-10 |
31-Dec-11 |
Yr on Yr |
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SAR'000 |
SAR'000 |
change (%) |
Total revenues  |
15,989,374
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19,643,908
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22.86 |
Net profit  |
1,472,606
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2,443,350
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65.92 |
| Total assets |
34,745,941
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40,037,898
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15.23 |
| Paid-up capital |
5,067,532
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5,574,285
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10.00 |
| Shareholders' Equity |
9,261,647
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11,019,269
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18.98 |
| Shares outstanding |
506,753
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557,428
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10.00 |
| Market capitalization |
17,989,739
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22,687,339
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26.11 |
| » View Full Financials |
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