Please wait...
GulfBase Live Support
- Omani bourse extends rally as financial sector leads
- CBO issues treasury bills worth OMR26.250 million
- Closing Bell: Saudi main index sheds points to settle at 12,109.94
- Annual trade between Qatar and Jordan hits $248m
- Saudi Arabia, Japan strengthen investment ties with strategic MoU
- Saudi banking sector boosted by flurry of debt, sukuk issuances
- Ministry of Commerce issues decision on principles of governance for closed joint-stock companies
- Madayn's cumulative investment volume up by OMR1 billion in 5 years
- Aldar raises $2.45bn in sustainability-linked credit facility
- Why should UAE investors remain bullish on crypto market in 2025?
25/02/2013 08:32 AST
Alujain announces its annual consolidated financial results for the period ended 31 December 2012:
1- Net Income was SR51.68 million as compared to net loss of SR9.95 million for the previous year.
2- Earnings per common share was SR0.75 as compared to loss of SR0.14 for the previous year.
3- Gross profit was SR292.42 million as compared to SR158.81 million for the previous year with an increase of 84%.
4- Operating income was SR215.01 million as compared to SR94.52 million for the previous year with an increase of 127%.
5- The reasons for increase in net profits during 2012 as compared to net losses during 2011 is attributed mainly to higher operational efficiencies, increase in production quantities with consequential higher sales volume allowing for lower cost per ton. The sales quantities during 2011 were low due to the scheduled turnaround and crash shutdowns of the plant. During 2012, corresponding to the higher sales volume, the Sales & Marketing expenses also increased by SR 3.7 million due mainly to higher warehouse management cost. Also, the general & administrative expenses increased by SR 9.4 million mainly due to the increase in Fees and Legal expenses for the re-financing activities, Manpower cost and IT related expenses.
6- Certain reclassifications were made in comparative numbers to conform to the current period.
Tadawul
20/01/2014
Net profit of Alujain Corporation (ALCO) during the 4th Q 2013 amounted to SAR 33.82 million versus SAR 17.12 million for the same quarter of last year with an increase of 97.55%, compared to SAR 56.
Gulfbase.com
21/01/2013
Alujain announces its interim consolidated financial results for the period ended 31 December 2012:
1. Net Income during the 4th quarter was SR16.91 million as compared to a net loss of SR2
Tadawul
09/10/2012
Alujain Corporation announces that on 22 DhullQada 1433H corresponding to 8 October 2012 its subsidiary National Petrochemical Industrial Company (NATPET) signed a US$ 20 Million three (3) year Revol
Tadawul
| Ticker | Price | Change |
|---|---|---|
| SABIC | 73.10 | 0.40 (0.55 |
| MAADEN | 53.60 | 2.20 (4.28 |
| SABICAGRINUTRIENTS | 118.00 | 1.80 (1.54 |
| MARBLEDESIGN | 83.50 | 0.00 (0.00 |
| LIMEINDUSTRIES | 12.18 | 0.38 (3.22 |
13/01/2025
Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international
The National
12/01/2025
Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.
Most recently, Sheikh Nasser was appointed as Group Regional CEO for th
11/01/2025
One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos
Gulf Times
11/01/2025
Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m
Saudi Gazette
05/01/2025
Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro
Financial Information Co.