Saudi Arabia Refineries Co. announces to Invites its Shareholders to Attend the ( First Meeting ) Ordinary General Assembly Meeting
Element List Explanation Introduction Board of Directors of the Saudi Arabian Refineries Company (Sarco) is pleased to invite its valued shareholders to participate and vote at the regular general assembly meeting (the first meeting) to be held God willing at Seven of the evening of Thursday 04/12/1444 AH the agreement is 22/06/2023 AD through […]
Saudi Arabia Refineries Co. Announces Appointment of a CEO
Element List Explanation Introduction The Saudi Arabian Refineries Company announces that the Board of Directors has issued its decision (by circulation) on 25/09/1444 AH corresponding to 16/04/2023 AD to appoint Mr. Khalid bin Mohammad Al-Qazlan as CEO of the company as of 17/04/2023 AD, wishing him success And success in achieving the company’s goals, […]
Saudi Arabia Refineries Co. announces the distribution of cash dividend for For the fiscal year 2022
Element List Explanation Introduction The Board of Directors of the Saudi Arabian Refineries Company (SARCO), in its minutes issued by circulation on Wednesday 07/09/1444 AH corresponding to 03/29/2023 AD, recommended to the next Ordinary General Assembly the payment of cash dividends for the fiscal year 2022 AD to shareholders Date of the board’s decision […]
Saudi Arabia Refineries Co. Announces Appointment Audit Committee Member
Element List Explanation Introduction The Saudi Arabian Refineries Company – Sarco announces the appointment of Mr. Rashid Sulaiman Al-Rasheed as an independent member of the Audit Committee (a member from outside the board) as of 01/03/2023 AD until the end of the current session on 30/04/2024 AD, in the minutes of the Board of […]
Saudi Arabia Refineries Co. Announces Resignation of a member of the Audit Committee
Element List Explanation Introduction Saudi Arabian Refineries Company Sarco announces the resignation of a member of the Audit Committee, Mr. Khaled bin Abdulaziz Al-Hoshan – who submitted his resignation from the membership of the Audit Committee (an independent member from outside the Board) on 22/07/1444 AH corresponding to 13/02/2023 , in implementation of the […]
Saudi Arabia Refineries Co. Announces Resignation of a Board Member
Element List Explanation Introduction Saudi Arabian Refineries Company (SARCO) announces that its Board of Directors has accepted the resignation of the Board Member, Mr. Maqid Ibrahim Al-Otaibi, (non-executive) from his membership in the Board of Directors and its committees for the current session that began on 01/05/2021 AD and ends on 30/04/2024 AD And […]
The Saudi Arabian Refineries Company (SARCO) announces that it was unable to publish its interim financial results for the nine months period ending on 09-30-2022
Element List Explanation Announcement Detail The Saudi Arabian Refineries Company would like to clarify to its valued shareholders that it will not be able to publish the financial statements for the nine-month period ending on September 30, 2022 AD on the specified date, because the company is still working with the external auditor to […]
Saudi Arabia Refineries Co. announces its Interim consolidated Financial Results for the Period Ending on 30-06-2022 ( Six Months )
ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE Sales/Revenue 22,489,558 7,730,194 190.93 28,498 78,816.27 Gross Profit (Loss) 22,489,558 7,730,194 190.93 28,498 78,816.27 Operational Profit (Loss) 21,432,194 7,171,470 198.85 -684,087 – Net Profit (Loss) after Zakat and Tax 21,007,319 7,138,187 194.29 -658,446 – Total Comprehensive Income -79,350,014 45,585,767 – […]
Saudi Arabian Refineries Company (Sarco) announces about the resignation of the Managing Director
ELEMENT LIST EXPLANATION Introduction The Saudi Arabian Refineries Company (SARCO) announces that its board of directors has accepted the resignation submitted by Mr. Maqid bin Ibrahim Al-Otaibi (Member of the Board of Directors) from the position of Managing Director, according to the minutes of the Board of Directors issued on 12/01/1443 AH corresponding to […]
Saudi Arabian Refineries Company (SARCO) announces the date and method of distributing dividends to shareholders for the year 2021
ELEMENT LIST EXPLANATION Announcement Detail Reference to the announcement of the Saudi Arabian Refineries Company (SARCO) on 30/11/1443 AH corresponding to 29/06/2022 on the results of the Ordinary General Assembly meeting (the second meeting) regarding the Assembly’s approval of distributing cash dividends to shareholders for the year 2021 with a total amount of (7,500,000) […]