National Industrialization Co (TASNEE) News - Mubasher Info
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28 December 06:19 PM

National Industrialization Co (2060)

Last update: 03:11 PM market time.
9.16
-0.22
-2.35%
Open 9.38
Previous Close 9.38
High 9.38
Low 9.11
Stock Statistics
Volume 505,639
Turnover 4,656,961.88
All data are 15 minutes late during market session

News

Photo Archive
9 November 05:00 PM Tasnee’s net profits soar 289% in 9M-25
Riyadh - Mubasher: The net profits of National Industrialization Company (Tasnee) reached SAR 271.50 million in the first nine months (9M) of 2025, marking a 288.96% leap from SAR 69.80 million in 9M-24. The earnings per share (EPS) amounted to …
Financial Results
Photo Archive
4 August 08:54 PM Tasnee swings to profitability in H1-25; revenues down 5.5%
Riyadh - Mubasher: National Industrialization Company (Tasnee) shifted to a net profit of SAR 830 million in the first half (H1) of 2025, against net losses of SAR 19.20 million in H1-24. Meanwhile, the revenues declined by 5.47% to SAR 1.67 …
Financial Results
Photo Archive
13 May 02:59 PM Tasnee shifts to SAR 896m profits in Q1-25
Riyadh – Mubasher: National Industrialization Company (Tasnee) turned profitable at SAR 895.80 million in the first quarter (Q1) of 2025, against net losses of SAR 72.10 million in Q1-24. Tasnee generated revenues amounting to SAR 862.70 million …
Financial Results
Photo Archive
17 March 12:30 PM Tasnee logs SAR 103m net profits in 2024
Riyadh – Mubasher: National Industrialization Company (Tasnee) posted 49.01% year-on-year (YoY) lower net profits at SAR 102.80 million in 2024, compared to SAR 201.60 million. Revenues hit SAR 3.90 billion as of 31 December 2024, an annual growth …
Financial Results
Photo Archive
28 October 2024 09:09 AM Tasnee’s net profits shrink 63.5% in 9M-24
Riyadh – Mubasher: The net profits of National Industrialization Company (Tasnee) dropped by 63.58% year-on-year (YoY) to SAR 69.80 million in the first nine months (9M) of 2024, versus SAR 191.70 million. Revenues hit SAR 2.79 billion in the …
Financial Results
Photo Archive
5 August 2024 11:48 AM Tasnee turns to losses in H1-24; revenues hit SAR 1.7bn
Riyadh – Mubasher: National Industrialization Company (Tasnee) swung to net losses valued at SAR 19.20 million in the first half (H1) of 2024, against net profits worth SAR 113.50 million in H1-23. The revenues edged down by 0.52% to SAR 1.76 …
Financial Results
Photo Gallery
5 May 2024 01:00 PM Tasnee shifts to SAR 72m net losses in Q1-24 on lower sales volume
Riyadh – Mubasher: National Industrialization Company (Tasnee) turned to net losses standing at SAR 72.10 million during the first quarter (Q1) of 2024, against net profits worth SAR 82.10 million in Q1-23. Tasnee attributed the incurred losses to …
Financial Results
Photo Archive
5 March 2024 00:54 PM Tasnee’s net profit plunges 74% YoY in 2023
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 …
Financial Results
Photo Archive
29 October 2023 10:28 AM Tasnee registers plunge in 9M-23 results; profits leap 357% in Q3
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 …
Financial Results
Photo Archive
31 July 2023 01:53 PM Tasnee registers 81% drop in H1-23 net profits
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 …
Financial Results
Photo Archive
8 May 2023 11:32 AM Tasnee’s profits exceed SAR 82m in Q1-23
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 …
Financial Results
Photo Archive
28 February 2023 11:07 AM Tasnee’s net profit shrink to SAR 666m in 2022
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 …
Financial Results
Photo Archive
30 October 2022 02:39 PM Tasnee’s profits down 39% in 9M-22 interim financials
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 …
Financial Results
Photo Archive
7 August 2022 10:56 AM Tasnee posts lower profits at SAR 606m in H1-22
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 …
Financial Results
Photo Archive
5 July 2022 02:14 PM Tasnee names new Chairman, Vice Chairman
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 …
Board of Directors
Photo Archive
27 April 2022 04:00 PM Tasnee’s profits fall 5.5% in Q1-22 initial financials
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 …
Financial Results
Photo Archive
9 March 2022 06:00 PM Tasnee turns to profits crossing SAR 1bn in 2021
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 …
Financial Results
The revenues surged to SAR 2.51 billion in the period ended 30 September
28 October 2021 01:29 PM Tasnee logs over SAR 1bn profit in nine months
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 …
Financial Results
Photo Archive
14 September 2021 11:18 AM Apollo plans to buy Tasnee’s partially-owned Tronox for over $4bn
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 …
Companies Investments
The company's revenues increased by 37.93% to SAR 1.51 billion
8 August 2021 11:47 AM Tasnee turns to profitability in H1-21
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 …
Financial Results
The plant is operating as of 20 June
20 June 2021 11:37 AM Tasnee completes maintenance of SEPC plant; financial impact unchanged
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 …
Corporate Actions
Tasnee will implement periodic maintenance to the plants
14 April 2021 02:23 PM Tasnee to temporarily close plants; financial impact seen at SAR 90m
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 …
Corporate Actions
Revenues for Q2-20 came in at SAR 486.3 million
20 August 2020 10:44 AM Tasnee moves to SAR 188m quarterly losses
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 …
Financial Results
Revenues for Q1-20 slipped to SAR 659.4 million
21 June 2020 01:27 PM Tasnee reports 94% plunge in Q1-20 losses
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 …
Financial Results
Net profits after zakat and tax plunged by 84.1% to SAR 41.2 million in Q3-19
27 October 2019 10:04 AM Tasnee Q3 profits down 84%
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 …
Company News