Saudi Arabia Refineries Co (2030)

• Stock
• Company Profile
• News
• Announcements
• Fair Values
• Corporate Actions
• Earning Announcements
• News Reports
• Major Shareholders
• Volume Statistics
• Financial Ratios
• IPOs
• Financial Statements
• Support and resistance
• More

News

25 February 2018 11:55 AM SARCO’s stock hits one-year high Sunday

Riyadh – Mubasher: Saudi Arabia Refineries Company’s (SARCO) stock jumped 8.85% to SAR 38.50, registering its highest level in more than a year, or since 13 February 2017 by 2:20 pm KSA time on Sunday on the Saudi Stock Exchange (Tadawul).  The …

Trading Activities

11 May 2017 06:57 AM SARCO turns to profits in Q1

Riyadh – Mubasher: Saudi Arabia Refineries Company (SARCO) turned profitable in the first quarter of 2017. The company recorded net profits of SAR 3.04 billion in Q1-17 against SAR 721.78 million losses in Q1-16, according to a bourse filing on …

Financial Results

23 April 2017 09:03 AM SARCO not to distribute dividends for 2016

Riyadh – Mubasher: The extraordinary general meeting (EGM) of Saudi Arabia Refineries Company (SARCO) approved the freeze of dividends for fiscal year 2016. The EGM also agreed on the board’s and auditors’ reports for 2016, in addition to amending …

Cash Dividends

12 April 2017 03:03 PM SARCO case against Aramco postponed to May

Riyadh – Mubasher: Saudi Arabia Refineries Co (SARCO) on Wednesday said its lawsuit filed against Saudi Arabian Oil Co (Saudi Aramco) has been adjourned to 10 May 2017, according to a bourse filing. In November 2016, SARCO filed a lawsuit against …

Law

17 March 2017 00:26 PM SARCO to consider freezing FY16 dividends on 10 April

Riyadh – Mubasher: Saudi Arabia Refineries Company's (SARCO) board invited shareholders to attend the extraordinary general meeting (EGM) on 10 April. The EGM will vote on the board’s recommendation to not to distribute cash dividends for the …

Cash Dividends

21 February 2017 00:35 PM Court sets date for SARCO’s case against Aramco

Mubasher: Saudi Arabia Refineries Co. (SARCO) said that the court has scheduled 13 March to look into the lawsuit against filed against Saudi Aramco, according to a bourse filing issued on Tuesday. SARCO clarified that it will disclose any further …

Corporate Actions

8 February 2017 11:36 AM KSA energy firms post SAR 1.89bn profits in 2016

By: Al-Sayed Gamal Riyadh - Mubasher: Saudi energy companies achieved SAR 1.89 billion profits in 2016 compared to SAR 1.22 billion in 2015, with 55.2% rise. Rabigh Refining and Petrochemical Company (Petro Rabigh) was the highest influencer as it …

Sector Reports

23 November 2016 06:28 AM SARCO sues subsidiary over major losses

Riyadh – Mubasher: Saudi Arabia Refineries Company (SARCO) on Wednesday said it has filed a lawsuit against the management team of its subsidiary Arabian Sulfonates Company (ASCO) over major financial losses. The lawsuit is filed against the …

Management Decisions

15 November 2016 03:05 PM SARCO files petition to force Aramco pay SAR 137m

Riyadh – Mubasher: Saudi Arabian Refinery (SARCO) announced that it has filed a petition to Saudi Arabia’s King Salman to force Saudi Aramco to implement the final court ruling and pay SAR 137.1 million. In November 2011, SARCO filed a case …

Corporate Actions

31 July 2016 06:39 AM Saudi Arabian Refinery turns a loss in Q2

Riyadh – Mubasher: Saudi Arabian Refinery registered SAR 198,483 losses ($52,900) during the second quarter of 2016 (Q2) against SAR 16.9 million net profits ($4.5 million) for the year-ago quarter, according to a bourse filing on Sunday. Q2 …

Financial Results

14 May 2016 00:32 PM STC dividends make up 86% of distributions this week

  By: Thabet Shehata Riyadh – Mubasher: Shareholders on the Saudi Stock Exchange (Tadawul) will be discussing and anticipating cash dividends worth SAR 2.3 billion ($613 million) in the week starting 15 May and ending on the 19th. Dividends will …

Cash Dividends

28 April 2016 07:03 AM SARCO’s shareholders approve 5% dividends payout

Riyadh-Mubasher: Saudi Arabian Refinery Co’s (SARCO) ordinary general meeting agreed on Wednesday to distribute 5% cash dividends of the capital for the fiscal year 2015, according to a bourse statement. SARCO will pay SAR 0.50 per share, with a …

General Assembly

23 February 2016 02:19 PM SARCO proposes SAR 0.5/shr dividends for 2015

Riyadh-Mubasher: Saudi Arabian Refinery Co. (SARCO) said its board recommended the distribution of cash dividends for 2015 at 5% of capital, or SAR 0.50 a share, totalling SAR 7.5 million. The record and payout dates will be announced later. The …

Corporate Actions

19 October 2015 01:25 PM SARCO posts 99% plunge in Q3 profits

Riyadh-Mubasher: Saudi Arabian Refinery Co. (SARCO) reported SAR 96.2 million in net earnings during the third quarter of 2015, tumbling 99% compared with SAR 7.2 million a year earlier. Nine-month net income also decreased 33% year-on-year from …

Financial Results

28 June 2015 07:04 PM Changes in major shareholders’ list for Sunday

Riyadh-Mubasher: The major shareholders’ list of some companies listed on Tadawul witnessed some changes on Sunday, as follows:

Trading Activities

27 May 2015 00:49 PM SARCO renames chairman, managing director

Riyadh-Mubasher: SARCO said the board approved reappointing Abdullah bin Mosaad Al-Saud as chairman and Mohammed bin Khalid Al-Saud as vice chairman and managing director.

Corporate Actions

11 May 2015 01:38 PM SARCO to pay 50% of FY14 profits as dividends

By Mouaaz bin SaadRiyadh-Mubasher: SARCO’s board has recommended cash dividends for the fiscal year 2014 at SAR 0.70 a share, totalling SAR 10.50 million, or 50% of FY14 earnings that reached SAR 20.90 million.Shareholders of record on 28 April …

Company News

29 April 2015 06:03 AM SARCO shareholders OK SAR 0.70/shr dividends

Riyadh-Mubasher: Shareholders of Saudi Arabian Refinery Co. (SARCO) on Tuesday gave a nod to the payment of cash dividends at 7% of the stock's par value, or SAR 0.70 a share, totalling SAR 10.5 million.Shareholders of record on 28 April are …

Corporate Actions

28 April 2015 06:45 AM Major events on Tadawul for Tuesday

By Mohammed IdriesRiyadh-Mubasher: Investors are anticipating the following major events on the Saudi bourse on Tuesday:Translated by Abdul Maguid Aboshahla 

Company News

20 April 2015 00:59 PM SARCO suffers SAR 674 THD losses in Q1

Riyadh-Mubasher: Saudi Arabian Refinery Co (SARCO) reported net losses of SAR 674,000 in the first quarter of 2015, against net earnings of SAR 2.9 million in the corresponding period of 2014, due to weak revenues from investee companies.The …

Treasury Bills

14 April 2015 05:55 AM Major events on Tadawul for Tuesday

By Mohammed IdriesRiyadh-Mubasher: Investors are anticipating the following major events on the Saudi bourse on Tuesday:Translated by Abdul Maguid Aboshahla

Event

23 February 2015 00:54 PM SARCO proposes SAR 0.70/shr dividend

The board of Saudi Arabian Refinery Co. (SARCO) recommended cash dividend at 7% of capital, or SAR 0.70 per share, totaling SAR 10.5 million.Shareholders of record until the close of trading on the ordinary general meeting date – April 14, 2015 – …

Corporate Actions

27 October 2014 10:22 AM SARCO generates SAR 7.2m profit in Q3

Saudi Arabia Refineries Co. (SARCO) posted SAR 7.2 million net earnings for third quarter of 2014, soaring 469.17% from SAR 1.3 million in Q3 2013 but falling 49.8% from SAR 14.4 million in Q2 2014.The nine-month net earnings increased …

Company News