Saudi Amiantit to use $35mln of statutory reserve to offset accumulated losses
Amiantit saw its net loss increasing to $103mln in FY 2020 from $90mln in the previous year
ZAWYA - 28 Mar 2021
The Saudi Arabian Amiantit Company (2160.SE)
Also known as: Amiantit, Amiantit Group, SAAC
29.65 SAR -1.45-4.66%
SAAC Stock Price & Performance
Recommendation
-
Div Yield
-
P/E (Last 12 Month)
0.0
Upside
-
Target Price (Mean)
-
Open
32.50 SAR
Previous Close
29.65 SAR
Turnover
179.41M SAR
EPS
-
Volume
5,768,408
Transactions
8134
Market Cap
948.80M SAR
IPO Date
01-May-1996
Analyst Estimates
| EPS | Revenue | |
|---|---|---|
| Mean Estimate |  | |
| Smart Estimate | | |
| Predicted Surprise | | |
| Mean Chg % | | |
Starmine Models
StarMine provides a suite of proprietary alpha-generating analytics and models spanning sectors, regions, and markets.
| Bullish | |
|---|---|
| Value Momentum | |
| Intrinsic Valuation | |
| Relative Valuation | |
| Credit Risk - Smart Ratios | |
| Credit Risk- Text Mining | |
| Bearish | |
|---|---|
| Price Momentum | |
About The Saudi Arabian Amiantit Company
Business Summary
Manufacture of reinforced glass-fiber reinforced polyester and iron pipes and fittings; plastic and rubber products including rubber rings; civil contracting for pipeline infrastructure; wastewater treatment services; offers research and development services.
Country of Incorporation
Ownership Type
Established In
1968
Primary Sector
Number of Employees
1411
Stock Listing
| ID | Stock Type | Currency | Exchange | Symbol |
|---|---|---|---|---|
| 2160.SSE | Ordinary | SAR | Saudi SE | 2160 |
Contact details
Primary address
Building: The Saudi Arabian Amiantit Company BuildingStreet: Street 3
Area: Dammam First Industrial City
P.O. Box: 589
Country: Saudi Arabia
City: Dammam
City Suffix: 31421
CONTACT
- Tel: +966 13-847-1500
- Fax: +966 13-847-1398
- Email: info@amiantit.com
- www.amiantit.com
Region
Eastern ProvinceOwnership
Ownership
| Investor | Holding | No. of Shares | Last Update |
|---|---|---|---|
| | | |
| | | |
Holding Concentrations
| Investor | Holding | No. of Shares | Last Update |
|---|---|---|---|
| | | |
| | | |
Financials
Revenue
Net Income
Profit Margin
Total Assets
Total Liabilities
Debt to Assets
Operating
Investing
Financing
Executives
Dr Suleiman Abdulaziz Saleh Al Twaijri
Chief Executive Officer
Mr Mohammed Saleh Al Shamrani
Operations Director
Mr Houssam Ramadan
Sales and Marketing Director
Board Members
HH Prince Ahmad Khaled Abdullah Abdulrahman Al Saud
Chairman
HH Abdulaziz Mohammed Fahed Al Saud
Vice Chairman
Dr Khalil Bin Abdulfattah Khalil Kurdi
Director
Company information provided by Refinitiv
Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
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