Rabigh Refining and Petrochemical Co (PETRO RABIGH) News - Mubasher Info
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Rabigh Refining and Petrochemical Co (2380)

Last update: 12:49 PM market time.
6.87
-3.11
-31.16%
Open 6.78
Previous Close 9.98
High 6.99
Low 6.75
Stock Statistics
Volume 1,442,524
Turnover 9,947,433.35
All data are 15 minutes late during market session

News

Photo Archive
4 June 09:51 AM ACWA Power sells 30% of Rabigh IWSPP for SAR 844m
Riyadh – Mubasher: ACWA Power Company penned a deal to sell 30% of its shareholding in the Rabigh Arabian Water & Electricity Company (RAWEC) IWSPP to Hassana Investment Company. The parties sealed the share purchase agreement (SPA) on 3 June 2024 …
Photo Archive
14 May 12:20 PM Petro Rabigh incurs SAR 1.3bn losses in Q1-24; accumulated losses hit 46.5% of capital
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) registered SAR 1.36 billion in net loss during the first quarter (Q1) of 2024, an annual leap of 41.59% from SAR 964 million. The revenues hit SAR 7.98 billion in the …
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24 March 01:41 PM Petro Rabigh’s loss deepens 321% YoY in 2023
Riyadh – Mubasher: The net loss of Rabigh Refining and Petrochemical Company (Petro Rabigh) surged 320.90% year-on-year (YoY) to SAR 4.69 billion in 2023 from SAR 1.11 billion. Revenues declined by 20.28% YoY to SAR 44.60 billion last year from …
Photo Archive
17 January 11:08 AM Petro Rabigh’s accumulated losses reached SAR 6.4bn
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) suffered accumulated losses totalling SAR 6.40 billion as of 31 December 2023, equivalent to 38.34% of the capital. Petro Rabigh attributed the registered losses to …
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8 November 2023 04:49 PM Petro Rabigh unveils 9M-23 financials; accumulated losses hit SAR 5bn
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) shifted to net losses after Zakat and tax valued at SAR 3.30 billion in the first nine months (9M) of 2023. The losses were incurred against net profits amounting to SAR …
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9 August 2023 09:45 AM Petro Rabigh shifts to SAR 2.16bn losses in H1-23; accumulated losses unveiled
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) turned to net losses after Zakat and tax worth SAR 2.16 billion in the first half (H1) of 2023, versus net profits of SAR 2.10 billion in H1-22. The revenues shrank by …
Photo Archive
13 June 2023 00:13 PM Petro Rabigh’s accumulated losses hike to SAR 3.53bn
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) reported accumulated losses valued at SAR 3.53 billion, according to the unaudited financial results for May 2023. The accumulated losses represent 21.17% of the SAR 16.71 …
Photo Archive
11 May 2023 11:42 AM Petro Rabigh unveils Q1-23 results; accumulated losses hit 16% of capital
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) shifted to net losses after Zakat and tax valued at SAR 964 million in the first quarter (Q1) of 2023, against profits worth SAR 725 million in Q1-22. Petro Rabigh …
Photo Archive
25 December 2022 04:48 PM Saudi Top for Trading rolls out SAR 100m project with Petro Rabigh
Riyadh – Mubasher: Saudi Top for Trading Company signed a memorandum of understanding (MoU) with Rabigh Refining and Petrochemical Company (Petro Rabigh) to establish a factory at a value of SAR 100 million. Of the total amount, SAR 60 million …
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14 December 2022 01:22 PM MIS inks tech contract with Petro Rabigh
Riyadh – Mubasher: Al Moammar Information Systems Company (MIS) penned a SAR 42.71 million agreement with Rabigh Refining and Petrochemical Company (Petro Rabigh) on 7 December 2022. Under the deal, MIS will handle the works of data centre …
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13 December 2022 02:01 PM MIS inks tech contract with Petro Rabigh
Riyadh – Mubasher: Al Moammar Information Systems Company (MIS) penned a SAR 42.71 million agreement with Rabigh Refining and Petrochemical Company (Petro Rabigh) on 7 December 2022. Under the deal, MIS will handle the works of data centre …
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24 November 2022 03:04 PM MIS unveils nearly SAR 43m deal with Petro Rabigh
Riyadh – Mubasher: Al Moammar Information Systems Company (MIS) was awarded a SAR 42.71 million contract with Rabigh Refining and Petrochemical Company (Petro Rabigh) on 22 November 2022. The deal covers data centre consolidation and tech refresh, …
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31 October 2022 05:06 PM Petro Rabigh’s profits shrink 56% in 9M-22; accumulated losses unveiled
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) registered a net profit after Zakat and tax worth SAR 696 million in the first nine months (9M) of 2022, lower by 56.17% than SAR 1.58 billion in 9M-21. Revenues surged by …
Photo Archive
14 August 2022 02:14 PM Petro Rabigh’s profits leap 54% in H1-22 interim results
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) recorded a 54.39% year-on-year (YoY) hike in net profit after Zakat and tax to SAR 2.10 billion during the first half (H1) of 2022, compared to SAR 1.36 billion. Revenues …
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5 July 2022 04:33 PM Petro Rabigh secures SAR 390.5m from rump offering
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) has sold 23.11 million shares representing the remaining unsubscribed rights shares for SAR 390.44 million. The average price of the sold shares stood at SAR 16.89 per …
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9 June 2022 03:25 PM Petro Rabigh’s shareholders approve 90.75% capital raise
Riyadh – Mubasher: The shareholders of Rabigh Refining and Petrochemical Company (Petro Rabigh) have agreed to increase its capital to SAR 16.71 billion from SAR 8.76 billion. Petro Rabigh will offer a SAR 7.95 billion rights issue, equivalent to …
Photo Archive
12 May 2022 04:26 PM Petro Rabigh logs SAR 725m profits in Q1-22 initial financials
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) has registered net profits after Zakat and tax of SAR 725 million during the first quarter (Q1) of 2022, higher by 11.71% than SAR 649 million in Q1-21. During the …
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26 April 2022 02:12 PM CMA nods to Ma’aden, Petro Rabigh’s capital hike
Riyadh – Mubasher: The Capital Market Authority (CMA) has granted its green light for the Saudi Arabian Mining Company’s (Ma’aden) request to increase its capital through bonus shares. The Saudi listed firm will raise its capital to SAR 24.61 …
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9 March 2022 04:33 PM Petro Rabigh turns to profitability in 2021
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) achieved a net profit after Zakat and tax worth SAR 2.03 billion in 2021, against losses of SAR 3.78 billion in 2020. The company’s revenues increased by 108.67% to SAR …
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27 February 2022 08:21 PM Petro Rabigh's board amends capital cut value
Riyadh – Mubasher: The board of Rabigh Refining and Petrochemical Company (Petro Rabigh) has changed its previous recommendation to reduce the capital to become 8.01% instead of 13.76 %. The new capital will amount to SAR 8.05 billion, compared to …
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2 January 2022 11:08 AM Petro Rabigh receives SAR 2.83bn from RAWEC as early loan repayment
Riyadh – Mubasher: Rabigh Refining and Petrochemical (Petro Rabigh) has received from Rabigh Arabian Water and Electricity Company (RAWEC) SAR 2.835 billion ($756 million) as early repayment of a loan. Petro Rabigh has provided the financing …
Photo Archive
21 December 2021 03:43 PM Petro Rabigh repays SAR 21.9bn loans for industrial complex Phase I
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) has completed on 20 December the full repayment of SAR 21.9 billion credit facilities related to Phase I of the industrial complex. The company noted that the loans were …
Photo Archive
26 October 2021 04:20 PM Petro Rabigh turns to profits worth SAR 221m in Q3
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) achieved a net profit after Zakat and tax worth SAR 221 million during the third quarter (Q3) of 2021, against losses of SAR 610 million in Q3-20. Revenues surged by 59.9% …
SABIC will market Aramco's share of Petro Rabigh petrochemical products
30 September 2021 11:13 AM Petro Rabigh inks agreement for SABIC to market petrochemicals
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh), a 37.5% subsidiary of Saudi Arabian Oil Company (Aramco), has signed a joint agreement with Aramco and the Saudi Basic Industries Corporation (SABIC) to market …
Revenues soared by 213.9% to SAR 21.24 billion in H1-21
27 July 2021 03:58 PM Petro Rabigh turns profitable at over SAR 1bn in H1-21
Riyadh – Mubasher: Rabigh Refining and Petrochemical Company (Petro Rabigh) achieved net profits after Zakat and tax worth SAR 1.36 billion in the first half (H1) of 2021, against net losses of SAR 3.23 billion in H1-20. Earnings per share …