Saudi Arabia Refineries Co. Announces Resignation of a Managing Director
The Saudi Arabian Refineries Company (SARCO) announces that its board of directors has accepted the resignation submitted by Mr. Fahad Abdul Rahman Al-Meakel (Member of the Board of Directors) from the position of Executive Manager, according to the minutes of the Board of Directors issued on 02/07/1443 AH corresponding to 03/02/2022 AD, provided that the […]
Saudi Arabia Refineries Co. Announces Resignation of a Board Member
The Saudi Arabian Refineries Company (SARCO) announces that its Board of Directors has accepted the resignation of Board Member, Dr. Ali bin Saleh Khabti, (non-executive) from his membership in the Board of Directors and its committees for the current session,, WHICH BEGAN ON 01/05/2021 AND ENDS ON 30/04/2024 AD, IN THE MINUTES OF THE BOARD […]
Saudi Arabia Refineries Co. Announces Resignation of a Board Member
THE SAUDI ARABIAN REFINERIES COMPANY (SARCO) ANNOUNCES THAT ITS BOARD OF DIRECTORS HAS ACCEPTED BY THE MAJORITY THE RESIGNATION OF THE CHAIRMAN OF THE BOARD OF DIRECTORS, MR. SULAIMAN BIN SAAD AL-HAMEED, A MEMBER OF THE BOARD OF DIRECTORS (NON-EXECUTIVE) FROM HIS MEMBERSHIP IN THE BOARD OF DIRECTORS AND ITS COMMITTEES FOR THE CURRENT SESSION, […]
Saudi Arabia Refineries Co. announces its Interim Financial Results for the Period Ending on 30-09-2021 ( Nine Months )
Element List Current Quarter Similar Quarter For Previous Year Change% Previous Quarter %Change Sales/Revenue (130,399) 864,130 0 7,730,194 0 Gross Profit (Loss) (130,399) 864,130 0 7,730,194 0 Operational Profit (Loss) (606,393) 345,937 0 7,171,470 0 Net Profit (Loss) after Zakat and Tax 827,940 386,080 114.447 7,138,187 (88.401) Total Comprehensive Income 78,153,581 48,979,876 59.562 45,585,767 […]
Saudi Arabian Refineries Company (SARCO) announces administrative changes in the executive management
Element List Explanation Announcement Detail Saudi Arabian Refineries Company (SARCO) announces the approval of its board of directors, at its meeting on October 20, 2021 to choose Mr. Maqid Ibrahim Al-Otaibias the managing director of the company and change his member to an executive member instead of Eng. Hattan bin Hamed Al-Shanbari Al-Sharif due […]
An announcement from the Saudi Arabian Refineries Company (SARCO) regarding the subscription of the International Water and Energy Works Company (ACWA Power)
Element List Explanation Introduction The Saudi Arabian Refineries Company subscribed to the International Water and Energy Works Company (ACWA Power) when the company offered part of its shares. Additional Information The Saudi Arabian Refineries Company (SARCO) has subscribed to the International Water and Energy Works Company (ACWA Power). The company acquired 155 shares
An announcement from the Saudi Arabian Refinery Company (SARCO) regarding the sale of its shareholding in Tabuk Cement Company
Element List Explanation Introduction An announcement from the Saudi Arabian Refinery Company (SARCO) regarding the sale of its shareholding in Tabuk Cement Company. Additional Information The Saudi Arabian Refineries Company (SARCO) has sold its 128,571 shares in Tabuk Cement Company, and the company will invest in other companies.
Saudi Arabia Refineries Co. announces its Interim Financial Results for the Period Ending on 30-06-2021 ( Six Months )
Element List Current Quarter Similar Quarter For Previous Year Change% Previous Quarter %Change Sales/Revenue 7,730,194 7,485,340 3.271 1,190,427 549.363 Gross Profit (Loss) 7,730,194 7,485,340 3.271 1,190,427 549.363 Operational Profit (Loss) 7,171,470 7,028,095 2.04 317,799 2,156.605 Net Profit (Loss) after Zakat and Tax 7,138,187 7,103,470 0.488 221,071 3,128.911 Total Comprehensive Income 45,585,767 74,564,032 (38.863) 78,554,863 […]
Saudi Arabian Refineries Company announces the results of the Ordinary General Assembly meeting (second meeting)
Element List Explanation Introduction Saudi Arabian Refineries Company (SARCO) announces the results of the Ordinary General Assembly meeting (second meeting), which was held on Tuesday 05/11/1442 AH corresponding to 15/06/2021 through modern technology (remotely), according to the circular of the Capital Market Authority The judge is satisfied with holding the assemblies of the listed […]
Saudi Arabian Refineries Company (SARCO) announces the date of the start of the electronic vote on the items of the Ordinary General Assembly meeting the first meeting by means of modern technology (reminder announcement)
Element List Explanation Announcement etail Reference to the announcement of the Saudi Arabian Refineries Company (SARCO) on 07/10/1442 AH corresponding to 19/05/2021 regarding the invitation to attend the Ordinary General Assembly meeting (the first meeting) to be held, God willing, at 7:00 pm on Tuesday 05/11/1442 AH corresponding to 15/06/2021 through modern technology means, […]