Saudi Industrial Investment Group (SIIG) News - Mubasher Info
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Saudi Industrial Investment Group (2250)

Last update: 03:19 PM market time.
22.38
1.00
4.68%
Open 22.16
Previous Close 21.38
High 22.46
Low 22.02
Stock Statistics
Volume 689,295
Turnover 15,345,597.94
All data are 15 minutes late during market session

News

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1 February 10:00 AM SIIG’s annual profits fall 59.5% in 2023
Riyadh – Mubasher: Saudi Industrial Investment Group (SIIG) recorded an annual plunge of 59.56% in net profit to SAR 112 million in 2023, compared to SAR 277 million. The earnings per share (EPS) amounted to SAR 0.15 last year, down from SAR 0.41 …
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2 November 2023 02:23 PM SIIG logs SAR 101m net profits in 9M-23
Riyadh – Mubasher: Saudi Industrial Investment Group (SIIG) witnessed 82.40% lower net profits after Zakat and tax at SAR 101 million in the first nine months (9M) of 2023, versus SAR 574 million in 9M-22. Earnings per share (EPS) plummeted to SAR …
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2 August 2023 01:56 PM SIIG turns to SAR 121m losses in H1-23; dividends announced
Riyadh – Mubasher: Saudi Industrial Investment Group (SIIG) swung to net losses after Zakat and tax worth SAR 121 million in the first half (H1) of 2023, versus net profits of SAR 519 million in H1-22. Loss per share stood at SAR 0.16 in H1-23, …
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10 May 2023 02:09 PM SIIG shifts to losses in Q1-23 initial results
Riyadh – Mubasher: Saudi Industrial Investment Group (SIIG) turned to net losses after Zakat and tax worth SAR 242 million in the first quarter (Q1) of 2023. The incurred losses were against net profits valued at SAR 235 million in Q1-22, …
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1 February 2023 00:25 PM SIIG posts lower profits in 2022 interim financials, turns to losses in Q4
Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Industrial Investment Group (SIIG) plummeted by 75.62% year-on-year (YoY) to SAR 277 million in 2022 from SAR 1.13 billion. The earnings per share (EPS) settled at SAR 0.41 last year, …
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5 December 2022 02:34 PM SIIG to disburse 7.5% of capital as dividends for H2-22
Riyadh – Mubasher: The board of Saudi Industrial Investment Group (SIIG) decided to pay out cash dividends worth SAR 566.10 million, representing 7.50% of the capital, for the second half (H2) of 2022. The firm will distribute SAR 0.75 per share …
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3 November 2022 01:55 PM SIIG registers SAR 574m profits in 9M-22 initial results
Riyadh – Mubasher: Saudi Industrial Investment Group (SIIG) logged net profits after Zakat and tax worth SAR 574 million in the first nine months (9M) of 2022, an annual plunge of 43.45% from SAR 1.01 billion. The earnings per share (EPS) stood at …
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7 August 2022 09:32 AM SIIG’s profits tumble 36% in H1-22 interim results
Riyadh – Mubasher: Saudi Industrial Investment Group (SIIG) recorded a 36% year-on-year (YoY) plunge in net profit after Zakat and tax to SAR 519 million during the first half (H1) of 2022, versus SAR 811 million. The earnings per share (EPS) …
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10 May 2022 03:07 PM SIIG records 23% lower profits in Q1-22 interim results
Riyadh – Mubasher: Saudi Industrial Investment Group (SIIG) has reported net profits after Zakat and tax worth SAR 235 million in the January-March 2022 period, down 22.95% from SAR 305 million in Q1-21. Earnings per share (EPS) stood at SAR 0.52 …
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17 April 2022 03:56 PM SIIG’s board recommends SAR 0.75/shr dividends for H1-22
Riyadh – Mubasher: The board of Saudi Industrial Investment Group (SIIG) has announced a cash dividend of SAR 0.75 for the first half (H1) of 2022. The company would pay a total of SAR 566.10 million, representing 7.50% of the capital, for 754.80 …
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13 April 2022 06:02 PM Tadawul delists Petrochem on SIIG’s acquisition
Riyadh – Mubasher: The Saudi Exchange (Tadawul) has announced the delisting of National Petrochemical Company’s (Petrochem) shares. The delisting took place by the end of Tuesday, 12 April, according to a bourse disclosure on Wednesday. This came …
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11 April 2022 06:35 PM SIIG 's shareholders approve capital increase
Riyadh – Mubasher: The shareholders of Saudi Industrial Investment Group (SIIG) have agreed to raise its capital from SAR 4.50 billion to SAR 7.54 billion to acquire the entire shares of National Petrochemical Company (Petrochem). In effect, …
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11 April 2022 06:13 PM SIIG’s acquisition of Petrochem comes into effect
Riyadh – Mubasher: Saudi Industrial Investment Group (SIIG) has obtained the approval of National Petrochemical Company’s (Petrochem) shareholders to acquire the latter’s entire shares. Following the acquisition transaction, Petrochem’s stock has …
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17 March 2022 03:30 PM CMA approves SIIG 's capital hike to acquire Petrochem
Riyadh – Mubasher: The Capital Market Authority (CMA) has given its green light for Saudi Industrial Investment Group (SIIG) to increase its capital from SAR 4.50 billion to SAR 7.54 billion for a potential acquisition. SIIG will raise its capital …
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27 January 2022 10:17 AM SIIG logs 1,135% higher profits in 2021
Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Industrial Investment Group (SIIG) surged by 1,134.78% to SAR 1.136 billion in 2021 from SAR 92 million in 2020. The earnings per share (EPS) stood at SAR 2.53 in 2021, against SAR …
Earnings per share recorded SAR 2.25
27 October 2021 06:03 PM SIIG logs over SAR 1bn profit in nine months
Riyadh – Mubasher: Saudi Industrial Investment Group (SIIG) turned to net profits of SAR 1.015 billion in the first nine months of 2021, versus net losses of SAR 143 million in the prior-year period.  Earnings per share recorded SAR 2.25 in the …
Petrochem’s shareholders would receive 1.27 shares in SIIG
28 September 2021 03:07 PM Petrochem, SIIG ink non-binding MoU on proposed merger
Riyadh – Mubasher: National Petrochemical Company (Petrochem) has entered into a non-binding Memorandum of Understanding (MOU) with Saudi Industrial Investment Group (SIIG) for a proposed merger. The proposed transaction would be conducted through …
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27 September 2021 10:32 AM Tadawul halts trading on Petrochem, SIIG stocks
Riyadh – Mubasher: The Saudi Exchange (Tadawul) announced suspending the trading on National Petrochemical Company’s (Petrochem) shares on Monday, 27 September, for one day. In a separate disclosure, Tadawul also announced the suspension of Saudi …
Revenues soared by 53.8% to SAR 4.58 billion in H1-21
4 August 2021 05:53 PM SIIG turns profitable at SAR 811m in H1-21
Riyadh – Mubasher: Saudi Industrial Investment Group has achieved net profits after Zakat and tax worth SAR 811 million in the first half (H1) of 2021, against net losses of SAR 229 million in H1-20. Earnings per share stood at SAR 1.8 in H1-21, …
SIIG named Nabil Abdullah Al Mubarak as the Vice Chairman
4 July 2021 00:21 PM SIIG appoints new Chairman, Vice Chairman
Riyadh – Mubasher: Saudi Industrial Investment Group (SIIG) has appointed Khalil Ibrahim Al Watban as the Chairman of the board, according to a bourse disclosure on Sunday. The company also named Nabil Abdullah Al Mubarak to be the Vice Chairman …
Eligibility will be for the shareholders of record date on 30 June
3 June 2021 04:08 PM SIIG to distribute SAR 225m dividends for H1
Riyadh – Mubasher: The board of Saudi Industrial Investment Group (SIIG) decided to pay SAR 0.5 per share as a cash dividend for the first half (H1) of 2021, according to a bourse disclosure on Thursday. The company will distribute a total of SAR …
Jubail Chevron Phillips is equally-owned by SIIG and Arabian Chevron Phillips.
1 February 2021 09:41 AM SIIG shuts down Jubail Chevron Phillips for scheduled maintenance
Riyadh – Mubasher: The Saudi Industrial Investment Group (SIIG) has shut down its units at the Jubail Chevron Phillips Company for scheduled turnaround maintenance and catalyst replacement starting as of 1 February 2021 for about 41 days. The …
SIIG's profits shrank by 84.8% yearly to SAR 92 million in 2020.
31 January 2021 10:17 AM SIIG profits jump 273% in Q4
Riyadh – Mubasher: The net profits of the Saudi Industrial Investment Group (SIIG) for the fourth quarter (Q4) surged by 273% year-on-year (YoY) to SAR 235 million. The rise in quarterly profits was driven by a higher share of SIIG’s profits from …
Revenue for Q3-20 fell by 26.7% on a yearly basis.
5 November 2020 10:44 AM SIIG quarterly earnings down 47%
Riyadh – Mubasher: The net earnings of the Saudi Industrial Investment Group (SIIG) for the third quarter (Q3) slumped by 46.9% on an annual basis to SAR 85 million. This drop came as SIIG’s share of profit from the jointly-managed projects fell …
SIIG owns 50% of Petrochem
20 September 2020 09:10 AM Petrochem, SIIG in early talks for potential merger
Riyadh – Mubasher: The board of the National Petrochemical Company (Petrochem) approved to begin initial talks with the Saudi Industrial Investment Group (SIIG) to study the economic feasibility of merging the two companies. No agreement has been …