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ASG Plastic publishes 2025 board report amid Main Market transition plans

ASG Plastic publishes 2025 board report amid Main Market transition plans
Saudi Exchange (Tadawul)
ASG
9607
-3.05% 50.80 -1.60

Riyadh – Mubasher: ASG Plastic Factory Company has published its board of directors’ report for the fiscal year 2025, a key regulatory requirement for its planned transition within the Saudi Exchange (Tadawul), according to a bourse filing.

The report is prepared in accordance with Capital Market Authority (CMA) governance regulations and highlights the company's financial performance and strategic expansion.

ASG Plastic plans to move from the Parallel Market (Nomu) to the Main Market.

The company reported total revenue of SAR 179.78 million in 2025, representing an increase of 26.86% compared to 2024.

Net profit for the period reached SAR 32.93 million, reflecting a growth of 2.26%.

Earnings per share were recorded at SAR 4.67, while the total market capitalization stood at SAR 303.29 million as of 31 December 2025, based on a share price of SAR 43.02.

Regarding shareholder returns, the Board of Directors has demonstrated a consistent dividend policy. During 2025, the company distributed two cash dividends totaling 12% of the capital. Furthermore, the Board has recommended an additional final dividend of SAR 0.65 per share for the fiscal year 2025, bringing the total proposed and distributed dividends for the year to 18.5% of the company’s SAR 70.5 million capital.

Therefore, the board recommended a total dividend distribution of SAR 13.04 million for 2025.

To support its industrial growth, the company secured a SAR 35 million loan from the Saudi Industrial Development Fund in December 2025 to finance its third expansion project, which is expected to begin pilot production in the first quarter (Q1) of 2027.