Alujain Corp. (2170)

Riyadh – Mubasher: Alujain Corporation shifted to losses in 2023, recording a net loss of SAR 82.25 million, compared to a net profit of SAR 64.54 million a year earlier. Revenues dropped 26.92% year-on-year (YoY) to SAR 1.39 billion last year …

Riyadh – Mubasher: Alujain Corporation has signed a memorandum of understanding with Samvardhana Motherson International Limited to partner in a manufacturing complex. The industrial complex manufactures specialised engineering and plastic …

Riyadh – Mubasher: Alujain Corporation inked a deal to sell 35% shares of its subsidiary National Petrochemical Industrial Company (NATPET) in exchange for SAR 1.87 billion ($500 million). The Tadawul-listed firm will sell a 35% stake, …

Riyadh – Mubasher: Alujain Corporation has completed the acquisition of shares from certain shareholders of its subsidiary National Petrochemical Industrial Company (NATPET). The deal was finalised after the successful execution of a share swap …

Riyadh – Mubasher: Alujain Corporation achieved SAR 9.63 million in net profit after Zakat and tax during the first half (H1) of 2023, an annual plunge of 91.89% from SAR 118.75 million. The revenues shrank by 26.30% year-on-year (YoY) to SAR …

Riyadh – Mubasher: Alujain Corporation sold its 98.75% equity in Zain Industries’ shares at a value of SAR 15.20 million, according to a bourse disclosure. The Saudi firm noted that the transaction will reflect on its income statements during the …

Riyadh – Mubasher: Alujain Corporation witnessed 92.65% lower net profits after Zakat and tax at SAR 119.29 million in 2022, versus SAR 1.62 billion in 2021. Revenue hit SAR 1.91 billion as of 31 December 2022, a 268.03% year-on-year (YoY) hike …

Riyadh – Mubasher: Alujain Corporation has posted net profits after Zakat and tax worth SAR 118.75 million in the first half (H1) of 2022, down 22.01% from SAR 152.26 million in H1-21. The company's revenues plummeted to SAR 1.08 billion in H1-22 …

Riyadh – Mubasher: AXA Cooperative Insurance Company has obtained its new commercial registration and changed its name to Gulf Insurance Group – GIG. The new entity name followed the completion of all required documents as well as the …

Riyadh – Mubasher: Alujain Holding Corporation has announced a cash dividend distribution, equivalent to 15% of the capital, for the first half (H1) of 2022. The cash dividend payout stands at SAR 1.5 per share, aggregating at a total value of …

Riyadh – Mubasher: The net profits after Zakat and tax of Alujain Holding Corporation reached SAR 55.78 million in the first quarter (Q1) of 2022, down 7.49% from SAR 60.30 million in Q1-21. In the first three months (3M) of 2022, the revenues …

Riyadh – Mubasher: The board of Alujain Holding Corporation has appointed Khalid Mohammed Al Dawood as the company’s new CEO. Al Dawood will assume the role as of 9 January 2022, according to a bourse disclosure. The board had announced on 28 …

Riyadh – Mubasher: Alujain Holding Corporation recorded a year-on-year (YoY) leap of 256.4% in net profits after Zakat and tax to SAR 56.74 million during the third quarter (Q3) of 2021 from SAR 15.92 million. Revenues soared by 100% to SAR 6.53 …

Riyadh – Mubasher: Alujain Holding Corp. has purchased the entire stake of Haji Abdullah Alireza & Co. in the National Petrochemical Industrial Company (Natpet) for a total value of SAR 82 million to support its strategic investment plans. The …

Riyadh – Mubasher: Alujain Holding Corporation has a purchased 17.15 million shares in its subsidiary National Petrochemical Industrial Company (Natpet), representing 16% of Natpet’ total shares. The transaction value stood at SAR 814.6 million, …

Riyadh – Mubasher: Alujain Holding Corporation has signed an Islamic Murabaha facility agreement with Alinma Bank to obtain funding worth SAR 1 billion. The Murabaha loan has an eight-year duration from 16 August 2021, according to a bourse filing …

Riyadh – Mubasher: Alujain Holding Corporation announced that its subsidiary National Petrochemical Industries Company (Natpet) has completed transferring the ownership of four limited liability companies, according to a bourse filing on …

Riyadh – Mubasher: MSCI Inc. has added Dr. Sulaiman Al Habib Medical Services Group to the MSCI Global Standard Index in its semi-annual review, bringing the total number of companies under the index to 34, according to a recent report. Five other …

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) will update the free float shares of all companies starting from Sunday, 4 October 2020 and will add four companies to the market indices. Alujain Holding Corp will be listed on the Tadawul All …

Riyadh – Mubasher: Combined losses of SAR 2.4 billion were achieved by Saudi listed petrochemical companies during the second quarter (Q2) of 2020 amid tumbling oil prices and setbacks from the coronavirus pandemic. This is compared to profits of …

Riyadh – Mubasher: The net losses of Alujain Holding Corp fell by 41.1% annually in the first quarter (Q1) of 2020 to stand at SAR 46.37 million, as shown in the company's interim financial results. The lower interim losses resulted mainly from a …

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) has decided to suspend trading the shares of Alujain Holding Corporation. The decision is due to the company’s noncompliance with the deadline for announcing its annual financial statements for …

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) on Thursday suspended trading the shares of Alujain Holding. The one-day suspension is upon the company’s request, in accordance with the listing rules and procedures, as it will announce a …

Riyadh – Mubasher: Shareholders of Alujain approved amending the company’s name and activity, during the extraordinary general assembly meeting (EGM). The EGM approved changing the company’s name from Alujain Corp. to Alujain Holding. Moreover, …

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced the update of the free float shares for all companies, effective from the start of trading on Sunday, 29 December 2019. Moreover, six new companies will be included to the Tadawul All …