Sidi Kerir Petrochemicals - SIDPEC News - Mubasher Info
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27 May 10:19 PM

Sidi Kerir Petrochemicals - SIDPEC (SKPC)

Last update: 25 May 01:29 PM market time.
17.00
-0.10
-0.58%
Open 17.20
Previous Close 17.20
High 17.21
Low 16.81
Stock Statistics
Volume 2,749,147
Turnover 46,582,648.00
All data are 15 minutes late during market session

News

Photo Archive
24 November 2022 09:35 AM Sidpec’s EGM approves EGP 252m capital increase
Cairo – Mubasher: The extraordinary general meeting (EGM) of Sidi Kerir Petrochemicals (Sidpec) approved raising the company’s issued and paid-up capital to EGP 1.51 billion from EGP 1.26 billion. The EGP 252 million capital increase will be …
Companies Investments
Photo Archive
6 November 2022 00:17 PM Sidpec achieves 107% higher profits in 9M-22 unaudited financials
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) reported a 107.82% annual surge in net profits after tax during the first nine months (9M) of 2022. Profits of the EGX-listed firm netted EGP 744 million during the January-September 2022 …
Financial Results
Photo Archive
12 October 2022 00:26 PM Sidpec hires NI Capital to study ETHYDCO's takeover
Cairo – Mubasher: The board of directors of Sidi Kerir Petrochemicals (Sidpec) approved hiring NI Capital to study the proposed acquisition of the Egyptian Ethylene and Derivatives Company’s (ETHYDCO) total shares by Sidpec.  NI Capital will …
Mergers and Acquisitions
Photo Archive
4 August 2022 04:34 PM Sidpec’s profit jumps 65.4% in H1-22 unaudited results
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) recorded a 65.37% year-on-year (YoY) leap in its net profit after tax during the first half (H1) of 2022 at EGP 468 million, compared with EGP 283 million. Revenues amounted to EGP 3.87 billion …
Financial Results
Photo Archive
24 May 2022 06:45 PM Sidpec records EGP 251m profits in Q1-22 unaudited financials
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) has achieved EGP 251 million in net profit after tax during the first quarter (Q1) of 2022, higher by 65.40% year-on-year (YoY) than EGP 152 million. The earnings per share increased by 38.46% …
Financial Results
Photo Archive
3 April 2022 11:54 AM Sidpec's approves capital raise to EGP 1.51bn
Cairo - Mubasher: The board of Sidi Kerir Petrochemicals (Sidpec) has approved a raise in the issued and paid-up capital to EGP 1.51 billion from EGP 1.26 billion. The capital will increase by EGP 252 million, distributed over 630 million shares …
Management Decisions
Photo Archive
21 March 2022 00:54 PM Sidpec's OGM approves bonus shares distribution
Cairo - Mubasher: The ordinary general meeting (OGM) of Sidi Kerir Petrochemicals (Sidpec) has approved to distribute 126 million bonus shares at a share nominal value of EGP 2 per share, aggregating at a total value of EGP 252 million. Following …
Companies Investments
Photo Archive
24 January 2022 00:02 PM Sidpec's net profits surge 1,958% in 2021
Cairo - Mubasher: The net profits of Sidi Kerir Petrochemicals (Sidpec) hiked by 1,957.69% to EGP 535 million in 2021, compared to EGP 26 million in the earlier year, according to the company's unaudited financials. The company recorded a 48.08% …
Financial Results
The issued and paid-up capital will be raised to EGP 1.26 billion
1 November 2021 01:46 PM EGX approves listing capital raise shares of Sidpec
Cairo – Mubasher: The Egyptian Exchange's (EGX) listing committee approved listing the capital raise shares of Sidi Kerir Petrochemicals Co. (Sidpec) through a bonus issue.  The issued and paid-up capital will be raised to EGP 1.26 billion from …
Corporate Actions
28 October 2021 00:10 PM Sidpec swings to profits in nine months
Cairo – Mubasher: Sidi Kerir Petrochemicals Co. (Sidpec) turned to net profits of EGP 358 million during the first nine months of 2021, against net losses of EGP 75 million in the year-ago period, the unaudited financial results showed. The …
Financial Results
The company's sales rose to EGP 2.67 billion in the six-month period
10 August 2021 00:16 PM Sidpec turns to profitability in H1-21
Cairo - Mubasher: Sidi Kerir Petrochemicals (Sidpec) turned to net profits of EGP 283 million in the first half (H1) of 2021, versus net losses of EGP 28 million in H1-20, the unaudited financial results showed.  The company's sales rose to EGP …
Financial Results
The issued capital will be raised to EGP 1.26 billion
9 August 2021 05:49 PM Sidpec's shareholders approve EGP 210m capital raise
Cairo - Mubasher: The extraordinary general meeting (EGM) of Sidi Kerir Petrochemicals (Sidpec) approved a decision to increase the issued and paid-up capital by EGP 210 million.  The issued capital will be raised to EGP 1.26 billion through a …
General Assembly
The company's capital will be increased to EGP 1.26 billion
21 June 2021 01:35 PM Sidpec gets FRA's approval to proceed with capital raise
Cairo - Mubasher: The Egyptian Financial Regulatory Authority (FRA) approved the publication of a disclosure form submitted by Sidi Kerir Petrochemicals (Sidpec) to proceed with the capital raise procedures.  The disclosure form includes the …
Corporate Actions
The sales increased to EGP 1.3 billion in the January-March period
18 May 2021 10:51 AM Sidpec turns profitable in Q1-21 on higher sales
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) turned to net profits of EGP 151.74 million during the first quarter (Q1) of 2021, versus net losses of EGP 31.28 million in the year-ago period. The sales increased to EGP 1.3 billion in the …
Financial Results
Sidpec will join the shareholders of RSNCRP with a 5% share in capital
9 March 2021 11:20 AM Sidpec's board approves transfer of polypropylene licence to RSNCRP
Cairo – Mubasher: The board of directors of Sidi Kerir Petrochemicals (Sidpec) approved an offer to transfer the ownership of the licence of its polypropylene project to Red Sea National Company for Refining and Petrochemicals (RSNCRP). In …
Corporate Actions
Sidpic recorded net profits of EGP 26 million in 2020
3 March 2021 01:15 PM Sidpec mulls offer to transfer polypropylene licence to RSNCRP
Cairo – Mubasher: The board of directors of Sidi Kerir Petrochemicals (Sidpec) decided to study an offer to transfer the ownership of the licence of its polypropylene project to Red Sea National Company for Refining and Petrochemicals (RSNCRP). In …
Companies Investments
Sidpic generated EGP 3.46 billion in sales last year
17 February 2021 00:31 PM Sidpec's profit slides 95% in 2020 initial results
Cairo – Mubasher: The net profits of Sidi Kerir Petrochemicals (Sidpec) plummeted by 94.66% year-on-year (YoY) to EGP 26 million in 2020 from EGP 487 million, the unaudited financial results showed. Sidpic generated EGP 3.46 billion in sales last …
Financial Results
The company eyes EGP 4.47 billion in sales this year
24 January 2021 11:16 AM Sidpec targets EGP 164m profit in 2021
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) aims to generate EGP 164.27 million in net profits after taxes in 2021, compared to a target of EGP 503.5 million in 2020, the operating budget showed. The company also targets EGP 4.47 billion …
Company News
The company prepared its budget based on a dollar price of EGP 16
10 January 2021 01:15 PM Sidpec to invest EGP 86.6m in replacement, renovation works in 2021
Cairo – Mubasher: The board of directors of Sidi Kerir Petrochemicals (Sidpec) approved its budget for 2021. The budget includes EGP 86.68 million for replacement and renovation works, Sidpic said in a statement to the Egyptian Exchange (EGX) on …
Company News
Sales slid to EGP 2.41 billion in the January-September period
2 November 2020 11:27 AM Sidpec incurs EGP 75m loss in 9M
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) turned to net losses of EGP 75 million in the first nine months of 2020, against net profits of EGP 521 million in the year-ago period, the unaudited financial results showed. The company’s …
Financial Results
Sales amounted to EGP 1.67 billion
27 August 2020 03:38 PM Sidpec moves to loss in H1-20 unaudited results
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) turned to net losses of EGP 28 million during the first half (H1) of 2020, against net profits of EGP 453 million in the year-ago period, the unaudited financial results showed. The company’s …
Financial Results
The company’s sales retreated to EGP 951 million
28 June 2020 11:17 AM Sidpec swings to loss in Q1-20 on lower sales
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) succumbed to net losses of EGP 31.28 million in the first quarter of 2020, versus net profits of EGP 193.09 million in the year-ago period. The company’s sales retreated to EGP 951 million …
Financial Results
The negative turn in Q1 financials was ascribed to the drop in selling prices
18 June 2020 01:13 PM Sidpec turns to losses in Q1-20 unaudited results
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) announced turning to net losses of EGP 31 million in the first quarter of 2020, against net profits of EGP 193 million in the corresponding period a year earlier, the company's unaudited …
Financial Results
Dividends will be paid out in two equal installments
22 April 2020 10:56 AM Sidpec’s shareholders raise dividends for 2019
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) announced that its shareholders decided to raise the proposed cash dividend distribution for 2019’s earnings. The ordinary general meeting (OGM) agreed on amending the board’s proposed dividends …
General Assembly
Sidpic reported net profits of EGP 487 million in 2019
29 March 2020 03:39 PM Sidpec names new chairman
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) named Mohamed Mohamed Ibrahim as the new chairman and managing director, according to a bourse disclosure on Sunday. It is worth mentioning that during 2019, Sidpic reported net profits of EGP …
Board of Directors