Addendum Announcement from Saudi Arabia Refineries Company in relation to the non-binding MOU with the Golden Compass Mining Services Company
Element List Explanation Introduction In reference to the announcement by Saudi Arabian Refineries Company – SARCO (the “Company”) published on the Saudi Exchange website on 01/01/1446H (corresponding to 07/07/2024G) regarding the signing of a non-binding Memorandum of Understanding (MoU) dated 30/12/1445H (corresponding to 06/06/2024G) with the Golden Compass Mining Services Company, and the addendum announcement […]
Addendum Announcement from Saudi Arabia Refineries Company in relation to the non-binding MOU with the German Saudi Industrial Company
Element List Explanation Introduction In reference to the announcement by Saudi Arabian Refineries Company – SARCO (the “Company”) published on the Saudi Exchange website on 01/01/1446H (corresponding to 07/07/2024G) regarding the signing of a non-binding Memorandum of Understanding (MoU) dated 30/12/1445H (corresponding to 06/06/2024G) with the German Saudi Industrial Company, and the addendum announcement regarding […]
Saudi Arabian Refineries Company (SARCO) announces the resignation of the Chairman of the Audit Committee, the appointment of members of the Audit Committee, and a change in the composition of the chairmanship of the Committee
Element List Explanation Introduction The Saudi Arabian Refineries Company (SARCO) announces the acceptance of the resignation of the Chairman of the Audit Committee, Mr. Meshaal Abdul Rahman Al-Oqla from the Audit Committee, and the appointment of Mr. Abdulaziz Abdul Mohsen Al-Bakr and Mr. Nael Samir Fayez as additional members of the Audit Committee and a […]
Saudi Arabian Refineries Company (SARCO) announces the opening of a branch of the company in Riyadh
Element List Explanation Announcement Detail The Saudi Arabian Refineries Company (SARCO) announces the approval of the Board of Directors to open a branch of the company in Riyadh, and this decision comes in accordance with the company’s expansion strategy. The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this […]
Saudi Arabian Refineries Company (SARCO) announces the appointment of the board member to assume the vacancy in its board
Element List Explanation Introduction The Saudi Arabian Refineries Company (SARCO) announces the issuance of the Board of Directors’ resolution based on the recommendation of the Remuneration and Nomination Committee appointing Mr. Ahmed Abdullah Al-Mohsen as a member of the Board of Directors for the vacant seat on the Board to complete the current term ending […]
Saudi Arabia Refineries Co. Announces Resignation of a Board Member
Element List Explanation Introduction Saudi Arabian Refineries Company SARCO announces the resignation of Board Member Mr. Fahad Mohammed Al-Habardi (Independent) from his membership in the Board of Directors and its committees, provided that the resignation shall be effective from its date. The members of the Board of Directors of the Saudi Arabian Refineries Company […]
SARCO visits Jeddah Center and provides financial support
In line with its commitment to social responsibility and its pursuit of supporting charitable work, Saudi Arabian Refineries Company (SARCO) announces the signing of a cooperation agreement with the Disabled Children’s Association. This memorandum aims to sponsor one of the association’s leading charitable programs, the “Speech and Language Therapy Clinic.” This initiative underscores the company’s […]
Saudi Arabia Refineries Co. announces its Interim Financial results for the Period Ending on 2024-09-30 ( Nine Months )
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change Sales/Revenue 10,094,117 7,356,427 37.214 228,880 4,310.222 Gross Profit (Loss) -8,910,483 7,356,427 – 228,880 – Operational Profit (Loss) -12,949,691 5,908,338 – -1,789,238 623.754 Net profit (Loss) -14,391,772 4,400,246 – -2,036,324 606.752 Total Comprehensive Income -35,974,954 -38,244,365 -5.933 -31,825,985 13.036 All figures are […]