Sabaa International Company for Pharmaceutical and Chemical (SIPC)

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News

19 May 2021 01:09 PM Sabaa Pharmaceutical's shareholders approve capital raise via bonus issue

Cairo – Mubasher: The extraordinary general meeting (EGM) of Sabaa International Company for Pharmaceutical and Chemical Industry approved the board’s proposal to raise the issued and paid-up capital to EGP 100 million from EGP 88 million. The …

Corporate Actions

7 April 2021 04:50 PM FRA approves Sabaa Pharmaceutical's capital raise

Cairo – Mubasher: The Egyptian Financial Regulatory Authority (FRA) approved the publication of the disclosure form submitted by Sabaa International Company for Pharmaceutical and Chemical Industry to proceed with the capital raise. The …

Corporate Actions

21 March 2021 01:16 PM Sabaa Pharmaceutical's profit leaps 76% in 2020 initial results

Cairo – Mubasher: The net profits of Sabaa International Company for Pharmaceutical and Chemical Industry jumped by 76% year-on-year (YoY) to EGP 15.14 million in 2020, compared to EGP 8.58 million, the unaudited financial results showed.   The …

Financial Results

22 July 2020 01:38 PM Sabaa expected to produce 250K doses of Favipiravir in 6M

Cairo – Mubasher: Sabaa International Company for Pharmaceutical and Chemical Industry is expected to produce 250,000 doses of Favipiravir for the treatment of coronavirus (COVID-19) during six months starting from the date of production.   The …

Company News

13 July 2020 11:19 AM Sabaa Pharmaceutical obtains initial approval to register COVID-19 drug

Cairo – Mubasher: Sabaa International Company for Pharmaceutical and Chemical Industry has received an initial approval from the Egyptian Drug Authority (EDA) to register a drug product (Favipiravir 200 mg), a potential treatment for coronavirus …

Company News

9 May 2017 11:09 AM Sabaa Pharmaceutical approves treasury stocks sale

Cairo – Mubasher: Sabaa International Company for Pharmaceutical and Chemical Industry said Tuesday that it has approved the selling of 164,600 treasury stocks. The sale will start on 11 May and will end on 9 June via the Roots Stock Brokerage …

Corporate Actions

9 March 2017 10:45 AM Sabaa Pharmaceutical EGM to mull capital hike 1 April

Cairo – Mubasher: Sabaa International Company for Pharmaceutical and Chemical Industry said that its extraordinary general meeting (EGM) will discuss on 1 April a proposal to increase the capital from EGP 60 million to EGP 66 million. On the same …

General Assembly

28 February 2017 00:01 PM Sabaa Pharmaceutical proposes 3m bonus shares

Cairo – Mubasher: Sabaa International Company for Pharmaceutical and Chemical Industry’s board of directors has recommended the distribution of 1-for-10 bonus shares, totalling 3 million bonus shares worth EGP 6 million. Thus, the company’s issued …

Corporate Actions

19 February 2017 11:43 AM EGX suspends trading on 3 stocks

Cairo – Mubasher: The Egyptian Exchange’s (EGX) board on Sunday decided to suspend all trading in terms of offers and orders on three companies’ stocks, which have not yet released their financial statements for the period which ended on 31 …

Markets Regulations

7 November 2016 01:17 PM Sabaa International profits decline 4.8% in 9M

Cairo – Mubasher: Sabaa International Company for Pharmaceutical reported a decline of 4.8% in net profits for the first nine months of 2016. The company saw net profits of EGP 1.53 million for the nine – month period ended September 2016, down …

Financial Results

13 October 2016 04:08 PM Three Egyptian listed companies finish off stock buyback

Cairo – Mubasher: Each of Elsaeed Contracting and Real Estate Investment, Sabaa International Company for Pharmaceutical and Chemical Industry and Giza General Contracting and Real Estate Investment have completed buying back treasury stocks. …

Corporate Actions

26 September 2016 01:08 PM Sabaa Pharmaceutical completes expansions worth EGP22m

Cairo – Mubasher: Sabaa International for Pharmaceutical and Chemical Industry Co. said it finished off expansions worth EGP 22 million at its plant in Kafr el sheikh. The expansions comprise the installation of new production lines and are …

Companies Investments

1 August 2016 01:58 PM Sabaa Pharmaceutical Q2 profits down 10%

Cairo – Mubasher: Sabaa International Company for Pharmaceutical and Chemical Industry reported a 10.3% decline in the second quarter’s net profits, according to a bourse filing. Thus, net profits reached EGP 524,070 in Q2, compared with EGP …

Financial Results

28 December 2015 11:52 AM Sabaa Pharmaceutical eyes EGP60m revenues in 2016

Cairo - Mubasher: Sabaa International Company for Pharmaceutical and Chemical Industry said it looks forward to raising its revenues to EGP 60 million in 2016. The company's estimated revenues for 2015 stands at EGP 40 million. The drug firm will …

Companies Investments

9 December 2015 02:10 PM Sabaa Pharmaceutical plans to amend capital

Cairo-Mubasher: Sabaa International Company for Pharmaceutical and Chemical Industry said on Wednesday that it plans to amend articles No. 6 and 7 of the articles of association related to capital. The board mandated Chairman Abdulnabi El-Beili …

Management Decisions

29 November 2015 00:45 PM Sabaa Pharmaceutical eyes EGP 4m in revenues from selling Hepatitis C Drug

Cairo – Mubasher: Sabaa Pharmaceutical said it expects revenues of nearly EGP 4 million from selling 2,500 units of SoviHep Hepatitis C Drug. The revenues are expected to be reflected at the financial statements of the financial period that will …

Companies Investments

29 March 2015 04:30 PM Sabaa Pharm shareholders OK bonus shares

Sabaa International Company for Pharmaceutical Co.’s ordinary general meeting approved to distribute 5 million bonus shares, with a one-for-five share allocation, at a total value of EGP 10 million.Meanwhile, the company's extraordinary general …

Corporate Actions

9 March 2015 02:55 PM Three companies get EGX nod on capital hike

The Egyptian Stock Exchange (EGX) announced Monday that it has approved the capital increase of three listed companies.EGX approved the capital hike of Pioneers Holding to EGP 3.35 billion. The capital increase will be effected through issuance of …

Corporate Actions

17 September 2014 05:04 PM Sabaa Pharmaceutical plunges to record low

The stock of Sabaa International Company for Pharmaceutical and Chemical Industry (SIPC) has plummeted during Wednesday’s session to its lowest level since debut. It fell 2.6% to EGP6.54.More than 3,000 shares in the company were …

Company News

3 September 2014 11:16 AM Sabaa Pharmaceutical chairman buys 2% at EGP3.5 mln

Ahmed Al Otaifi, board member, Sabaa International Company for Pharmaceutical and Chemical Industry (SIPC), said the company’s chairman and major shareholder Abdel Nabei El Beily, bought 500 thousand shares, or 2% in the company on …

Corporate Actions

13 August 2014 03:59 PM Sabaa Pharmaceutical H1 profit jumps 23% to EGP1 mln

Sabaa International Company for Pharmaceutical and Chemical Industry (SIPC) posted EGP 1 million net profit for H1-14, with 23% rise year-over-year from EGP 821 thousand net profit.Q1-14 profit had amounted to EGP 832.6 thousand, compared …

Financial Results