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05 June 06:29 PM

Sidi Kerir Petrochemicals - SIDPEC (SKPC)

Last update: 4 June 01:28 PM market time.
17.05
-0.07
-0.41%
Open 17.25
Previous Close 17.12
High 17.30
Low 16.99
Stock Statistics
Volume 2,883,160
Turnover 49,277,680.00
All data are 15 minutes late during market session

News

Sales increased to EGP 1.2 billion in Q1-18
10 May 2018 01:23 PM Sidpec Q1 profit rises 33%
Cairo – Mubasher: The financial indicators of Sidi Kerir Petrochemicals (Sidpec) has shown a 33.33% year-on-year surge in net profit for the first quarter of 2018, recording EGP 284 million from EGP 214 million. Sales increased to EGP 1.2 billion …
Financial Results
The dividends will be distributed through two installements
1 April 2018 03:38 PM Sidpec OGM hikes 2017 dividends to EGP 1.4/shr
Cairo – Mubasher: The ordinary general meeting (OGM) of Sidi Kerir Petrochemicals (Sidpec) has raised cash dividends for 2017 to EGP 1.4 per share from EGP 1.2. The dividends will be distributed through two installements: The first amounts to EGP …
General Assembly
Photo Archive
16 March 2018 05:43 PM MubasherTrade downgrades Sidpec’s rating, PT
Cairo - Mubasher: MubasherTrade Research has downgraded its rating for Sidi Kerir Petrochemicals (Sidpec) Company from Buy/Moderate Risk to Hold/Moderate Risk, according to a recent report. The research firm also raised the stock’s price target …
Ratings
Sidpec’s capital amounts to EGP 1.05 billion distributed over 525 million shares
7 March 2018 11:38 AM Sidpec proposes EGP1.2/shr dividends for 2017
Cairo – Mubasher: Sidi Kerir Petrochemicals’ (Sidpec) board has recommended a cash dividend distribution of EGP 1.2 per share for 2017. The board also agreed on rehiring an auditor and set his salary, the company added in a filing to the Egyptian …
Cash Dividends
Net profit totalled EGP 1.13 billion last year
26 February 2018 02:09 PM Sidpec profits fall 21% in 2017
Cairo – Mubasher: The audited financial indicators of Sidi Kerir Petrochemicals (Sidpec) showed a 21% year-on-year drop in profits for 2017. Net profit totalled EGP 1.13 billion last year, versus a net profit of EGP 1.42 billion in 2016, the …
Financial Results
Net profit stood at EGP 1.13 billion in 2017
11 February 2018 11:53 AM Sidpec's profit falls 21% in 2017
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) on Sunday posted a 21% year-on-year drop in profits for 2017. Net profit stood at EGP 1.13 billion last year, versus EGP 1.42 billion a year earlier, Sidpec said in a filing to the Egyptian …
Financial Results
Sidpec is implementing propane and polypropylene project with a capacity of 450,000 tonnes per year
29 January 2018 00:58 PM Sidpec to ink propane, electricity supply deals Monday
Cairo – Mubasher: Sidi Kerir Petrochemical (Sidpec) will sign two agreements for supplying propane gas and electricity for propylene and polypropylene project. Sidpec will sign a propane gas supply deal with Egyptian Natural Gas Company (GASCO) …
Companies Investments
Sidpec's stock hit EGP 25.4 on Wednesday
20 December 2017 04:39 PM Sidpec hits all-time high in 9 yrs on Zohr gas output - Analysts
By: Heba El-Kordy Cairo – Mubasher: Sidi Kerir Petrochemicals’ (Sidpec) stock has remarkably soared 105% since the flotation of the Egyptian pound. This came in line with Italy's Eni’s announcement on Wednesday that it began first gas output from …
Trading Activities
The Alexandria-based company plans to boost its sales to EGP 5.5 billion in 2018
20 December 2017 11:25 AM Sidpec targets EGP 928m profit in 2018
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) aims at raising its profits by 13% year-on-year as part of its 2018 operational budget. The company seeks to generate profits of EGP 927.9 million in 2018, against estimated profit of EGP 823.1 …
Corporate Actions
Sidpec targets EGP 1.03bn investments in 2018
7 December 2017 00:16 PM Sidpec targets EGP 1.03bn investments in 2018
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) is targeting to invest EGP 1.03 billion in 2018, according to the company's investment budget in the next year. The company aims at implementing EGP 919.5 million projects in 2018, in addition …
Companies Investments
Photo Archive
15 November 2017 00:31 AM MubasherTrade maintains Sidi Kerir Buy/Moderate Risk rating
Cairo - Mubasher: MubasherTrade Research has maintained their Buy/Moderate Risk rating of Sidi Kerir Petrochemicals Company (SKPC), with a price target (PT) of EGP25.53 per share, implying an upside potential of 28%. The research firm said that …
Ratings
Higher sales boost Sidpec profits 29% in 9M
1 November 2017 02:30 PM Higher sales boost Sidpec profits 29% in 9M
Cairo – Mubasher: The financial indicators of Sidi Kerir Petrochemicals (Sidpec) on Wednesday showed a 29.4% year-on-year rise in profit for the first nine months of 2017 due to higher sales. Net profit amounted to EFP 703 million in the …
Financial Results
Sidpec finished its planned maintenance work
22 August 2017 00:33 PM Sidpec concludes maintenance; output resumes after limited fire
Cairo – Mubasher: Sidi Kerir Petrochemicals (Sidpec) on Tuesday said that it has finalised its planned maintenance work, as well as eliminated the effect of the limited fire incident in the ethylene’s cooling unit 501. The company started …
Corporate Actions
Sidi Kerir posted on Thursday a 48% year-on-year surge in profits for H1-17
3 August 2017 01:32 PM Sidi Kerir H1-17 profits hike 48%
Cairo – Mubasher: Sidi Kerir Petrochemicals posted on Thursday a 48% year-on-year surge in profits for the first half of 2017 due to higher sales, according to a bourse filing. The Egyptian company achieved profits of EGP 607 million in the six …
Financial Results
(Photo credit: Arabianeye - Reuters)
11 May 2017 11:52 AM Sidi Kerir Q1 profits fall despite higher sales
Cairo – Mubasher: Sidi Kerir Petrochemicals’ profits for the first quarter of fiscal year 2017 declined 1.38% to EGP 214 million, compared to EGP 217 million for Q1-16. However, sales increased in Q1-17 to EGP 1.128 billion from EGP 629 million in …
Financial Results
(Photo credit: Company's website)
10 May 2017 11:01 AM Record date for Sidi Kerir Petrochemicals coupon 23 May
Cairo – Mubasher: Sidi Kerir Petrochemicals said Wednesday that it will pay coupon no. 15 at EGP 1.600 per share to shareholders of record until 23 May. The coupon will be distributed starting 28 May, according to a bourse filing. The company had …
Event
(Photo credit: Company's website)
6 April 2017 10:24 AM Sidi Kerir Petrochemicals OGM raises cash dividends to EGP 1.6/shr
Cairo – Mubasher: Sidi Kerir Petrochemicals’ ordinary general meeting (OGM) approved the increase of cash dividends for fiscal year 2016 to EGP 1.6 per share from EGP 1.4. The OGM also adopted the financial statements for the year ended on 31 …
Cash Dividends
(Photo credit: Company's website)
20 March 2017 10:15 AM Sidi Kerir Petrochemicals to discuss dividends 5 April
Cairo – Mubasher: Sidi Kerir Petrochemicals said Monday that it will hold an ordinary general meeting (OGM) on 5 April to discuss distributing cash dividends of EGP 1.4 per share for fiscal year 2016. The OGM will also discuss the financial …
Cash Dividends
(Photo Credit: Arabianeye-Reuters)
19 March 2017 01:12 PM Sidi Kerir profits increase 69% in 2016
Cairo - Mubasher: Sidi Kerir Petrochemicals Company’s (SKPC) profits increased 69% during the fiscal year which ended on 31 December 2016, according to the company’s audited financial results. Net profits reached EGP 1.42 billion in 2016 compared …
Financial Results
MubasherTrade Research also maintained their "Buy/Moderate Risk" rating - (Photo Credit: Arabianeye-Reuters)
26 February 2017 06:28 PM MubasherTrade maintains Sidi Kerir PT
Cairo - Mubasher: MubasherTrade Research has maintained their "Buy/Moderate Risk" rating for Sidi Kerir Petrochemicals, with a price target (PT) of EGP 25.53, according to a report issued on Sunday. MubasherTrade believes that foreign exchange …
Stock Evaluations
Sidi's profits reached EGP 957 million in Q3-16 (Photo Credit: Company Website)
26 February 2017 11:26 AM Sidi Kerir profits rise in Q4
Cairo – Mubasher: Sidi Kerir Petrochemicals reported a 364% year-on-year rise in profits during the fourth quarter which ended on 30 September 2016, according to a statement.  Profits reached EGP 823 million in Q4-16, compared to EGP 177.3 million …
Financial Results
(Photo Credit: Arabianeye-Reuters)
19 February 2017 03:49 PM MubasherTrade recommends ‘buy’ for Sidi Kerir Petrochemicals, sets PT at EGP 25.5
Cairo – Mubasher: MubasherTrade Research (MTR) on Sunday announced initiating coverage for Sidi Kerir Petrochemicals Co. (Sidpec) with a price target (PT) set at EGP 25.53. “Using a discounted cash flow model, we reached a 12-month price target …
Stock Evaluations
Higher oil prices, and EGP depreciation provide solid support for financial outlook - (Photo Credit: Arabianeye-Reuters)
30 January 2017 09:11 PM Pharos set FV of Sidi Kerir Petrochem at EGP24.1
Cairo - Mubasher: Pharos set the fair value (FV) of Sidi Kerir Petrochemicals at EGP 24.10, which implies a 20% upside, with an “Overweight” rating, according to a recent report. This comes despite major headwinds represented, namely the …
Ratings
Photo Credit: Arabianeye - Reuters
23 January 2017 02:34 PM Beltone ups Sidi Kerir's fair value to EGP 32.3
Cairo – Mubasher: Beltone Research raised the fair value (FV) of Sidi Kerir Petrochemicals to EGP 32.28 from 17.58 per share with an upside potential of 83.6%.  Net profit is not is not likely to be affected by raw materials' higher prices that …
Stock Evaluations
Sidi Kerir eyes EGP 823.1m profits in 2017
3 January 2017 00:27 PM Sidi Kerir eyes EGP 823.1m profits in 2017
Cairo – Mubasher: Sidi Kerir Petrochemicals targets EGP 823.1 million net profits in 2017 according to its estimated budget, said a bourse filling. The company eyes sales revenues of EGP 4.5 billion in 2017, up by 43% y-o-y, while it expects the …
Financial Results