National Industrialization Company

Saudi Stock Exchange 2060.SR

National Industrialization Company Net Income for the year ending December 31, 2023: USD 46.48 M

National Industrialization Company Net Income is USD 46.48 M for the year ending December 31, 2023, a -83.89% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • National Industrialization Company Net Income for the year ending December 31, 2022 was USD 288.45 M, a -47.19% change year over year.
  • National Industrialization Company Net Income for the year ending December 31, 2021 was USD 546.22 M, a 557.81% change year over year.
  • National Industrialization Company Net Income for the year ending December 31, 2020 was USD -119.31 M, a 35.12% change year over year.
  • National Industrialization Company Net Income for the year ending December 31, 2019 was USD -183.89 M, a -157.47% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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Saudi Stock Exchange: 2060.SR

National Industrialization Company

CEO Mr. Fawaz Bin Mohammad Al Fawaz
IPO Date March 4, 2010
Location Saudi Arabia
Headquarters The Business Gate, Building No. C3
Employees 1,463
Sector Industrials
Industries
Description

National Industrialization Company operates in the petrochemicals, chemicals, plastics, engineering, and metals sectors worldwide. The company operates through three segments: Chemicals, Petrochemicals, and Downstream & Others. It produces titanium dioxide, ethylene, polyethylene, propylene, polypropylene, butyl acrylate, acrylic acid, super absorbent polymers, butanol, titanium sponges, and plastic sheets and other plastic products. The company also offers technical industrial services; manufactures steel and non-steel castings; produces towed steel wires, spring wires, steel wires for cables, and twisted reinforcement wires to carry the electrical conductors, as well as for use in concrete and welding wires; and produces and markets liquid batteries for vehicles and industrial use; and lead and sodium sulphate. In addition, it conducts technical tests on industrial facilities; chemical, petrochemical, and metal plants; and water desalination and electricity generating plants, as well as sets up various plastic industries. Further, the company engages in the inspection of mechanical equipment and industrial instruments, quality management, and environment systems; provides academic training, information technology consultancy, and laboratory testing services; gathers, recycles, and sells used and damaged batteries, lead, plastics, industrial materials, and environmental waste; produces and markets acrylic boards; and markets chemical, petrochemical, and plastic items. Additionally, it produces plastic pallets and pipes, agri-films, and waste-water treatment products; and industrial dyes and paints. National Industrialization Company was incorporated in 1985 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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StockViz Staff

January 15, 2025

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