National Industrialization Co (2060)

Riyadh – Mubasher: National Industrialization Company (Tasnee) logged a 73.80% year-on-year (YoY) drop in net profit to SAR 174.60 million in 2023 from SAR 666.30 million in 2022. The company’s revenue declined by 8.13% YoY to SAR 3.56 billion …

Riyadh – Mubasher: The net profits after Zakat and tax of National Industrialization Company (Tasnee) dropped by 69.24% to SAR 191.70 million in the first nine months (9M) of 2023 from SAR 623.20 million in 9M-22. Revenues shrank by 11.33% to SAR …

Riyadh – Mubasher: National Industrialization Company (Tasnee) posted an 81.27% plunge in net profit after Zakat and tax to SAR 113.50 million during the first half (H1) of 2023, versus SAR 606.10 million in H1-22. Revenues declined by 13.54% to …

Riyadh – Mubasher: The net profits after Zakat and tax of National Industrialization Company (Tasnee) shrank by 73.43% to SAR 82.10 million in the first quarter (Q1) of 2023, versus SAR 309 million in Q1-22. The company’s revenues hit SAR 888.70 …

Riyadh – Mubasher: The National Industrialization Company (Tasnee) recorded a 50.88% year-on-year (YoY) plunge in net profit after Zakat and tax to SAR 666.30 million in 2022, compared to SAR 1.35 billion. Meanwhile, the revenues increased by …

Riyadh – Mubasher: The National Industrialization Company (Tasnee) registered SAR 623.20 million in net profit after Zakat and tax during the first nine months (9M) of 2022, lower by 38.76% than SAR 1.01 billion in 9M-21. The Saudi firm generated …

Riyadh – Mubasher: The National Industrialization Company (Tasnee) has posted net profits after Zakat and tax worth SAR 606.10 million in the first half (H1) of 2022, an annual drop of 11.43% from SAR 684.30 million. On the other hand, revenues …

Riyadh – Mubasher: The National Industrialization Company (Tasnee) has appointed Mubarak Abdullah Al Khafrah as the new Chairman of the board for the next three years. The Saudi listed firm also appointed Talal Ibrahim Al Maiman as the Vice …

Riyadh – Mubasher: The National Industrialization Company (Tasnee) has registered net profits after Zakat and tax worth SAR 309 million during the first quarter (Q1) of 2022, down 5.64% from SAR 327.50 million from Q1-21. During the January-March …

Riyadh – Mubasher: The National Industrialization Company (Tasnee) has achieved net profits after Zakat and tax worth SAR 1.35 billion in 2021, against net losses of SAR 446.7 million in 2020. The company’s revenues reached SAR 3.67 billion last …

Riyadh – Mubasher: The National Industrialization Company (Tasnee) achieved net profits after Zakat and tax of SAR 1.017 billion in the first nine months of 2021, versus net losses of SAR 274.3 million in the year-ago period.  Earnings per share …

Riyadh – Mubasher: Apollo Global Management has made an offer worth $4.3 billion to purchase Tronox Holdings, in which National Industrialization Company (Tasnee) owns 24% stake through a subsidiary. Private equity firm Apollo offered $27 per …

Riyadh – Mubasher: The National Industrialization Company (Tasnee) has achieved net profits after Zakat and tax of SAR 684.3 million during the first half (H1) of 2021, against net losses of SAR 232 million in the year-ago period. Achieving net …

Riyadh – Mubasher: National Industrialization Company (Tasnee) has completed the scheduled periodic maintenance of its Saudi Ethylene and Polyethylene Company’s (SEPC) plant. Tasnee noted that the plant is operating as of 20 June, according to a …

Riyadh – Mubasher: The National Industrialization Company (Tasnee) plans to temporarily shut down the ethylene and polyethylene plants for 27 days starting 23 May, according to a disclosure to Tadawul on Wednesday. Tasnee will implement periodic …

Riyadh – Mubasher: The National Industrialization Company (Tasnee) turned to net losses of SAR 188.8 million in the second quarter (Q2) ended 30 June 2020, against net profits of SAR 212.1 million in the corresponding quarter a year ago. The move …

Riyadh – Mubasher: The National Industrialization Company (Tasnee) has reduced its net losses after Zakat and tax by 94% annually in the first quarter (Q1) of 2020 to reach SAR 76.5 million. The company generated SAR 659.4 million worth of …

Riyadh – Mubasher:  National Industrialization Company (Tasnee) disclosed its interim consolidated financial results for the third quarter of 2019. Net profits after zakat and tax plunged by 84.1% to SAR 41.2 million in Q3-19, compared to SAR …

Riyadh – Mubasher: The National Industrialization Company (Tasnee) said that its feedstock supplies have reached their regular levels on Thursday, 26 September. Following attacks on Aramco’s oil facilities earlier in September, Tasnee announced …

Riyadh - Mubasher: The National Industrialization Company (Tasnee) said that the shortage in its feedstock supply from Saudi Aramco improved as it went down to 25% approximately from 41%. The company’s feedstock supply is expected to reach normal …

Riyadh – Mubasher: Saudi petrochemical companies are expected to have lower production rates in the coming days after Saudi Aramco’s oil facilities at Abqaiq and Khurais have been recently attacked with drones, according to a report released by Al …

Riyadh – Mubasher: National Industrialization Company (Tasnee) posted its interim consolidates financial results for the second quarter of 2019. Net profits after zakat and tax fell by 25% to SAR 296.7 million in Q2-19, compared to SAR 395.8 …

Riyadh – Mubasher: The extraordinary general assembly of National Industrialization Company has elected a new board of directors for the coming three years, ending 5 July 2022, during the meeting held on Saturday, 6 July. Accordingly, Mubarak …

Riyadh – Mubasher: MSCI Inc. has added the MSCI Saudi Arabia index to its emerging-markets index (EM Index), according to MSCI’s semi-annual index review. The US-based index compiler said the stocks of 30 Saudi firms will be added, accounting for …

Riyadh – Mubasher: Saudi Arabia’s National Industrialization Co (Tasnee) reported a 55.87% year-on-year decline during the first quarter of 2019. Tasnee’s profits amounted to SAR 159.5 million in Q1-19, down from SAR 361.4 million during Q1-18, …