Basic Chemical Industries Co (BCI) News - Mubasher Info
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28 December 07:24 AM

Basic Chemical Industries Co (1210)

Last update: 25 December 03:10 PM market time.
25.96
0.06
0.23%
Open 25.92
Previous Close 25.90
High 26.04
Low 25.84
Stock Statistics
Volume 8,681
Turnover 225,148.18
All data are 15 minutes late during market session

News

Photo Archive
16 June 06:19 PM BCI names new Chairman, Vice Chairman
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) appointed Abdullah Mhana Al Muaibid and Tareq Ali Al Tamimi as the board’s Chairman and Vice Chairman, respectively. The board members elected the two officials for a new term that …
Board of Directors
Photo Archive
25 March 2024 02:13 PM BCI’s net profit tumbles 37% YoY in 2023
Riyadh – Mubasher: The net profit of Basic Chemical Industries Company (BCI) plunged 37.53% year-on-year (YoY) to SAR 43.98 million in 2023 from SAR 70.40 million. Revenues grew 9.85% YoY to SAR 741.11 million last year from SAR 674.67 million, …
Financial Results
Photo Archive
13 November 2023 06:00 PM BCI’s net profit nosedives 70% in 9M-23
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) recorded a net profit after Zakat and tax of SAR 21.30 million in the first nine months (9M) of 2023, a drop of 70.14% from SAR 71.34 million in the same period of 2022. The company’s …
Financial Results
Photo Archive
4 October 2022 05:40 PM BCI secures SAR 537m loans from ANB, GIB
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) has signed credit facility agreements at a total value of SAR 537 million with Arab National Bank (ANB) and Gulf International Bank (GIB). The Saudi firm penned an amended facility deal …
Banking and Finance
Photo Archive
22 June 2022 04:28 PM BCI appoints new Chairman, Vice Chairman
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) has appointed Abdullah Muhanna Al Moaibed as the company's Chairman. The company also named Suleiman Abdullah Al Qadi as Vice Chairman, according to a bourse filing on Wednesday. It is …
Board of Directors
Earnings per share edged down to SAR 0.6 in H1-21
19 August 2021 11:49 AM BCI posts SAR 29m net profits in H1-21
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) reported net profits after Zakat and tax worth SAR 29.06 million in the first six months of 2021, lower by 4% than SAR 30.38 million in the first half (H1) of 2020. Earnings per share …
Financial Results
The agreement was signed on 13 July
14 July 2021 03:00 PM Saudi BCI plans to acquire stake in UAE’s Union Chlorine
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) intends to acquire 49% ownership of UAE-based Union Chlorine, according to a bourse filing on Wednesday. The Saudi company has signed a memorandum of understanding (MoU) with Oman …
Mergers and Acquisitions
BCI said 78% of the project has been implemented
7 June 2021 05:08 PM Cost of Jubail project is raised to SAR 750m – BCI
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) said the cost of its project in Jubail Industrial City to produce chlorine and derivatives has been increased to SAR 750 million from SAR 685 million. BCI noted that 78% of the project has …
Companies Investments
Profit per share stood at SAR 0.32 million in Q1-21
20 May 2021 04:55 PM BCI achieves SAR 14m net profit in Q1
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) registered a net profit after Zakat and tax worth SAR 14.41 million during the first quarter (Q1) of 2021, down by 4% from SAR 15.07 million in the same period a year earlier. Profit per …
Financial Results
The appointment will be effective starting as of 1 March 2021.
1 March 2021 11:30 AM BCI names new CEO
Riyadh – Mubasher: The board of directors of Basic Chemical Industries Company (BCI) approved the appointment of Ala Abdullah Abdulkarim AlShaikh as the CEO of the company. The appointment will be effective starting as of 1 March 2021, according …
Board of Directors
The delegation will be effective until the CEO position is filled.
28 January 2021 09:49 AM BCI appoints temporary CEO
Riyadh – Mubasher: The board of directors of Basic Chemical Industries Company (BCI) has delegated the company's board member, Abdul Latif Azmy Abdel-Latif Abdel-Hadi, to carry out the CEO duties temporarily. The delegation will be effective until …
Board of Directors
The CEO resignation came into effect on 20 January 2021.
21 January 2021 09:31 AM BCI announces CEO resignation
Riyadh – Mubasher: Basic Chemical Industries Company’s (BCI) board has accepted the resignation of Ossama Farouk Abdel Hamid from his position as the company’s CEO. The CEO resignation, submitted due to personal reasons, came into effect on 20 …
Board of Directors
Revenue for the quarter ended on 30 September was down by 18.6% yearly.
8 November 2020 10:46 AM BCI sees 26% lower profit in Q3
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) gained SAR 14.76 million in net profits for this year’s third quarter (Q3), down by 26.5% from SAR 20.07 million in the same period a year earlier. This decline was due to higher income …
Financial Results
Photo Archive
24 August 2020 00:38 PM BCI announces 55% of Jubail’s chlorine project complete
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) said that 55% of the chlorine production project in Jubail Industrial City has been completed, according to a stock exchange statement on Monday. Last year, BCI signed a letter of intent …
Companies Investments
Net profits amounted to SAR 15.07 million in the first quarter
15 June 2020 09:10 AM BCI profits up 50% in Q1-20
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) on Monday announced 50.25% higher net profits after Zakat and tax during the first quarter (Q1) of 2020, logging SAR 15.07 million, compared to SAR 10.03 million in the same period in …
Financial Results
The board of directors recommended that a total of SAR 27.5 million dividends be distributed
19 December 2019 02:14 PM BCI to distribute SAR 1/shr dividends for 2019
Riyadh – Mubasher: The board of Basic Chemical Industries Company (BCI) has recommended the distribution of cash dividends to shareholders for 2019 at SAR 1 per share. A total of SAR 27.5 million dividends will be distributed over 27.5 million …
Company News
Photo Archive
18 November 2019 11:40 AM BCI posts updates on Jubail’s chlorine project
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) has begun working on a chlorine production project in Jubail Industrial City, according to a company statement to the Saudi Stock Exchange on Monday. BCI noted that the project’s cost has …
Companies Investments
Revenues inched down by 1.3% to SAR 141 million in Q3-19
5 November 2019 00:06 PM BCI’s profits fall 19% in 9M
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) posted a 64.5% year-on-year hike in profits for the third quarter of 2019, registering SAR 15.29 million. Meanwhile, revenues inched down by 1.3% to SAR 141 million in Q3-19, compared to …
Financial Results
The project’s total cost amounted to SAR 290.4 million
17 October 2019 11:05 AM BCI inks SAR 290m letter of intent with Al Hajri Corp
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) has signed a letter of intent with Nasser Saeed Al Hajri and Partners Contracting Company, as a general contractor for the chlorine production project in Jubail Industrial City. Under the …
Companies Investments
BCI appointed Abdulla Muhanna Abdul Aziz as the new chairman
18 June 2019 02:21 PM Basic Chemical elects new board members
Riyadh – Mubasher: The general assembly of Basic Chemical Industries Company (BCI) has elected a new board of directors for the coming three years during its meeting held Thursday, 23 May. The assembly appointed Abdulla Muhanna Abdul Aziz Al …
General Assembly
The Saudi firm’s net profits rose to SAR 49.67 million last year
26 March 2019 11:04 AM BCI’s profit rises 13% in 2018
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) on Tuesday reported a 13.48% year-on-year profit growth during the full-year 2018. The Saudi firm’s net profits rose to SAR 49.67 million ($13.24 million) last year, compared to SAR 43.77 …
Financial Results
Net profit amounted to SAR 9.29 million in the three-month period ended September
28 October 2018 09:11 AM BCI Q3 profit rises 12.4%
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) on Sunday posted a 12.46% year-on-year increase in net profits for the third quarter of 2018. Net profit amounted to SAR 9.29 million in the three-month period ended September, up from SAR …
Financial Results
Higher sales boost BCI’s profits in Q2, H1
6 August 2018 09:47 AM Higher sales boost BCI’s profits in Q2, H1
Riyadh – Mubasher: Basic Chemical Industries Company (BCI) on Monday posted a 4% year-on-year increase in net profits for the second quarter of 2018. BCI’s profits amounted to SAR 13 million ($3.47 million) during Q2-18, up from SAR 12.5 million …
Financial Results
BCI logged a net profit of SAR 16.01 million during the three-month period ended March 2018
9 May 2018 09:33 AM Higher sales push BCI profit to SAR 16.01m in Q1
Riyadh – Mubasher: Saudi Arabia-based Basic Chemical Industries Company (BCI) on Wednesday reported a 170.44% year-on-year jump in net profits for the first quarter of 2018. BCI logged a net profit of SAR 16.01 million during the three-month …
Financial Results
BCI’s net profits reached SAR 43.8 million in 2017
25 March 2018 09:50 AM Saudi BCI profit drops 5% in 2017
Riyadh – Mubasher: Saudi Arabia’s Basic Chemical Industries Company (BCI) on Sunday posted a 5.2% decline in its net profits during the full-year 2017, compared to the prior year. BCI’s net profits reached SAR 43.8 million last year, down from SAR …
Financial Results