Saudi Chemical Co (2230)

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News

29 September 2025 10:43 AM SITCO Pharma plans to invest SAR 75m in new Jeddah warehouse

Riyadh - Mubasher: Saudi International Trading Company (SITCO Pharma), a unit of Saudi Chemical Company, will invest SAR 75 million to establish a new warehouse in Jeddah. It will be financed through Shariah-compliant loans from local banks, …

Companies Investments

15 May 2025 03:00 AM Saudi Chemical announces lower profits at SAR 82m in Q1-25

Riyadh - Mubasher: The net profits of Saudi Chemical Company hit SAR 82.33 million in the first quarter (Q1) of 2025, reflecting an annual decrease of 9.97% from SAR 91.45 million.The revenues stood at SAR 1.643 billion in the first three months (3M)

Sector Reports

21 April 2025 01:52 PM Saudi Chemical’s board mulls SAR 42m dividends for 2024

Riyadh – Mubasher: The board of Saudi Chemical Company proposed cash dividends of SAR 42.16 million for 2024, according to a bourse disclosure. The company will disburse a dividend of SAR 0.05 per share, equivalent to 5% of the share capital, for …

Cash Dividends

4 March 2025 02:50 PM Saudi Chemical witnesses 59% growth in 2024 net profit following annual leap in 9M

Riyadh – Mubasher: Saudi Chemical Company achieved a 59.21% annual increase in net profit to SAR 291.20 million in 2024, compared with SAR 182.90 million. The earnings per share (EPS) rose to SAR 0.35 as of 31 December 2024 when compared to SAR …

Financial Results

1 January 2025 05:41 PM Saudi Cement, Saudi Chemical unveils key appointments

Riyadh – Mubasher: Saudi Cement Company appointed Khalid Abdulrahman Al Rajhi as the board’s Chairman for the next four years, according to a bourse filing. The board members also named Mohammed Abdulkarim Al Khereiji as the Vice Chairman. The two …

Corporate Actions

4 August 2024 00:01 PM Saudi Chemical’s profits exceed SAR 164m in H1-24

Riyadh – Mubasher: Saudi Chemical Company posted a 179.29% year-on-year (YoY) hike in net profit to SAR 164.17 million during the first half (H1) of 2024, compared to SAR 58.78 million. The revenues amounted to SAR 3.25 billion in H1-24, marking …

Financial Results

12 May 2024 09:18 AM Saudi Chemical’s Q1-24 profits jump 183.5%, revenues exceed SAR 1.6bn

Riyadh – Mubasher: Saudi Chemical Company recorded net profits valued at SAR 91.45 million in the first quarter (Q1) of 2024, an annual jump of 183.39% from SAR 32.27 million. Revenues surged by 58.27% to SAR 1.64 billion as of 31 March 2024 from …

Financial Results

10 March 2024 11:56 AM Saudi Chemical logs 128% YoY higher profits in 2023

Riyadh – Mubasher: Saudi Chemical Company’s net profit surged 128.05% year-on-year (YoY) to SAR 182.90 million in 2023 from SAR 80.20 million. The company’s revenues jumped 31.36% YoY to SAR 4.85 billion last year from SAR 3.69 billion, according …

Financial Results

26 December 2023 03:30 PM Saudi Chemical to disburse 5% of capital as dividends for 9M-23

Riyadh – Mubasher: Saudi Chemical Company announced cash dividends valued at SAR 42.16 million for the first nine months (9M) of 2023, according to a bourse filing. The listed firm will disburse a dividend of SAR 0.05 per share, equivalent to 5% …

Board of Directors

7 November 2023 07:26 PM Saudi Chemical sees 65% rise in 9M-23 net profit

Riyadh – Mubasher: Saudi Chemical Company reported a 65.19% surge in net profit after Zakat and tax to SAR 93.88 million in the first nine months (9M) of 2023, compared to SAR 56.83 million in the same period of the previous year. The earnings per …

Financial Results

14 May 2023 07:05 PM Saudi Chemical records SAR 32m net profit in Q1-23

Riyadh – Mubasher: Saudi Chemical Company announced net profits after Zakat and tax worth SAR 32.27 million, down by 1.34% from SAR 32.71 million in Q1-22. The revenues soared by 14.97% to SAR 1.03 billion during the first three months (3M) of …

Financial Results

19 March 2023 00:14 PM Saudi Chemical posts SAR 80m net profits in 2022

Riyadh – Mubasher: Saudi Chemical Company recorded net profits after Zakat and tax worth SAR 80 million in 2022, up 14.29% year-on-year (YoY) from SAR 70 million. Revenues increased by 8.36% to SAR 3.69 billion last year from SAR 3.41 billion in …

Financial Results

20 December 2022 00:14 PM Saudi Chemical to disburse 5% of capital as dividends for 9M-22

Riyadh – Mubasher: The board of Saudi Chemical Company decided to pay out cash dividends worth SAR 42.16 million, equivalent to 5% of the capital, for the first nine months (9M) of 2022. Under the board’s decision which was determined on 18 …

Board of Directors

6 November 2022 05:34 PM Saudi Chemical witnesses 25% lower profits in 9M-22

Riyadh – Mubasher: Saudi Chemical Company posted SAR 56.83 million in net profit after Zakat and tax during the first nine months (9M) of 2022, an annual decrease of 25.07% from SAR 75.85 million. Revenues amounted to SAR 2.62 billion in the …

Financial Results

14 August 2022 07:16 PM Saudi Chemical's profits retreat to SAR 46.5m in H1-22 initial results

Riyadh – Mubasher: Saudi Chemical Company has reported net profit after Zakat and tax worth SAR 46.50 million during the first half (H1) of 2022, lower by 31.72% than SAR 68.10 million in H1-21. The company’s revenues inched up by 0.47% …

Financial Results

15 May 2022 03:54 PM Saudi Chemical's profits fall 20% in Q1-22 initial results

Riyadh – Mubasher: Saudi Chemical Company has posted a 19.88% year-on-year (YoY) drop in net profit after Zakat and tax to SAR 32.71 million in the first quarter (Q1) of 2022, compared to SAR 40.83 million. In the first three months (3M) of 2022, …

Financial Results

5 April 2022 06:49 PM Saudi Chemical takes over Eli Lilly’s Cialis in Saudi Arabia

Riyadh – Mubasher: The Saudi Chemical Company Holding has completed the acquisition of Eli Lilly’s prescription rights of Cialis in Saudi Arabia. Cialis, a treatment for male-related medical conditions, generated revenues worth SAR 100 million in …

Companies Investments

31 March 2022 10:25 AM Saudi Chemical's unit forms joint venture with Germany's Hellmann Worldwide

Riyadh – Mubasher: The Chemical Company for Commercial Investment (CCCI), a subsidiary of Saudi Chemical Company, and Germany-based Hellmann Worldwide Logistics have created a joint venture (JV) for logistic services. Hellmann – CCCI Healthcare …

Companies Investments

20 March 2022 10:58 AM Saudi Chemical records 5% lower profits in 2021

Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Chemical Company declined by 5.40% to SAR 70 million in 2021, compared to SAR 74 million in 2020. The company generated revenues of SAR 3.41 billion in 2021, up 3.17% from SAR 3.30 …

Financial Results

6 January 2022 01:02 PM Saudi Chemical names Chairman, vice Chairman

Riyadh – Mubasher: The board of the Saudi Chemical Company has appointed Fahad Saleh Al Jarbou as the Chairman of the board for a three-year term that started on 1 January 2022. The board of the Saudi listed company has also decided to appoint …

Corporate Actions

28 December 2021 09:48 AM Saudi Chemical acquires Cialis' prescription rights in Saudi Arabia

Riyadh – Mubasher: The Saudi Chemical Company has signed an agreement to acquire all prescription rights of Cialis in Saudi Arabia from Eli Lilly. Under the agreement, AJA Pharmaceutical Industries (AJA Pharma), a subsidiary of (SCCH), will become …

Mergers and Acquisitions

23 December 2021 00:51 PM Saudi Chemical to distribute SAR 0.5 dividend for 9M-21

Riyadh – Mubasher: The board of the Saudi Chemical Company decided to pay a cash dividend of SAR 0.5 per share for the first nine months (9M) of 2021. The company will distribute a total amount of SAR 42.16 million, representing 5% of the capital, …

Board of Directors

5 December 2021 10:30 AM Saudi Chemical's unit inks MoU for manufacturing Sanofi’s Clexane prefilled syringes

Riyadh – Mubasher: AJA Pharmaceutical Industries (AJA Pharma), a subsidiary of Saudi Chemical Company, has signed an 18-year Memorandum of Understanding (MoU) to explore the possibility of manufacturing Sanofi’s Clexane prefilled syringes in Saudi …

Companies Investments

4 November 2021 04:04 PM Saudi Chemical's net profits decline 22% YoY in 9M

Riyadh – Mubasher: Saudi Chemical Company recorded a 21.796% year-on-year (YoY) decrease in net profits after zakat and tax to SAR 75.85 million during the first nine months of 2021, compared to SAR 96.99 million. Despite the rise in sales and …

Financial Results