Alujain Corp. (2170)

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News

28 September 11:36 AM Alujain Corporation appoints new CEO

Riyadh - Mubaher: The board of Alujain Corporation issued a resolution on 24 September to appoint Khalid bin Mohammed Al Dawood as the company’s new CEO. The appointment is scheduled to take effect on 29 September 2026. Al-Dawood holds a Master of …

Corporate Actions

13 September 12:40 PM Alujain Corporation’s CEO Al Dawood resigns

Riyadh - Mubaher: The board of Alujain Corporation accepted the resignation of CEO Khalid bin Mohammed Al Dawood on 10 September 2026. The resignation, which becomes effective on 14 September, follows Al Dawood reaching the legal age for …

Company News

19 August 03:34 PM Alujain Corporation hosts earnings call to review Q2-26 financials

Riyadh - Mubaher: Alujain Corporation hosted an earnings call for investors and analysts on 17 August to review its financial and operational performance for the second quarter (Q2) of 2026. The company reported a net profit for the period of SAR …

Financial Results

5 August 01:36 PM Alujain Corporation’s board greenlights SAR 52m interim dividends for H1-26

Riyadh - Mubaher: The board members of Alujain Corporation approved a cash dividend distribution of SAR 51.90 million for the first half (H1) of 2026. The payout will be distributed across 69.20 million eligible shares, resulting in a dividend of …

Board of Directors

2 August 05:43 PM Alujain Corporation’s net profits skyrocket 639% in Q2-26

Riyadh - Mubaher: The net profits of Alujain Corporation hiked by 639.10% year-on-year (YoY) to SAR 91.87 million for the second quarter (Q2) of 2026, compared to SAR 12.43 million in Q2-25. The petrochemical firm attributed the growth to a 71% …

Company News

21 July 04:23 PM Alujain Corporation rolls out SAR 89m JV agreement

Riyadh – Mubasher: Alujain Corporation has signed a definitive joint venture (JV) agreement with Beaulieu International Group to localize the production of synthetic fibers and non-woven fabrics in Saudi Arabia. Under the terms of the agreement, …

Company News

21 June 07:14 PM Alujain Corporation reveals general assembly results

Riyadh – Mubasher: Alujain Corporation has announced the results of its Ordinary General Assembly meeting that was held on 18 June 2026, where shareholders approved several key resolutions, according to a bourse filing. The equityholders agreed to …

Management Decisions

4 May 05:12 PM Alujain Corporation turns profitable in Q1-26, generates higher revenues

Riyadh - Mubaher: Alujain Corporation turned profitable at SAR 12.17 million in the first quarter (Q1) of 2026, against net losses attributable to the shareholders at SAR 17.23 million in Q1-25. The revenues hiked by 36.55% year-on-year (YoY) to …

Company News

17 March 05:08 PM Alujain Corporation’s net losses widen 1,544% in 2025; dividends announced

Riyadh - Mubaher: Alujain Corporation suffered 1,544% year-on-year (YoY) higher net losses attributable to the owners at SAR 833.85 million in 2025, compared with SAR 50.70 million. The revenues declined by 16.32% to SAR 1.30 billion last year …

Cash Dividends

30 October 2025 11:18 AM Alujian Corporation’s net profits plunge 82.5% in 9M-25

Riyadh - Mubaher: The net profits of Alujain Corporation plummeted by 82.45% to SAR 11.59 million in the first nine months (9M) of 2025 from SAR 66.07 million in 9M-24. Earnings per share (EPS) hit SAR 0.17 as of 30 September 2025 when compared …

Financial Results

23 September 2025 10:25 AM Alujain Corporation to pay SAR 52m dividends for Q3-25

Riyadh - Mubasher: The board members of Alujain Corporation approved the distribution of SAR 51.90 million as interim cash dividends, equivalent to 7.50% of the company’s SAR 692 million capital, for the third quarter (Q3) of 2025. The …

Cash Dividends

11 August 2025 02:11 PM Alujain Corporation shifts to net losses in H1-25

Riyadh - Mubasher: Alujain Corporation swung to net losses of SAR 4.80 million in the first half (H1) of 2025, against net profits of SAR 20.26 million in H1-24. The revenues hit SAR 610.56 million in the first six months (6M) of 2025, an annual …

Financial Results

20 May 2025 08:42 AM Alujain Corporation unveils SAR 52m dividends for Q1-25

Riyadh – Mubasher: The board members of Alujain Corporation approved interim cash dividends to its shareholders valued at SAR 51.90 million for the first quarter (Q1) of 2025. The company will pay out a dividend of SAR 0.75 per share for 69.20 …

Cash Dividends

23 March 2025 03:16 PM Alujain Corporation reports 38.5% plunge in losses during 2024; dividends police unveiled

Riyadh – Mubasher: Alujain Corporation suffered 38.36% year-on-year (YoY) lower net losses at SAR 50.70 million at the end of December 2024, compared to SAR 82.25 million, according to the financial results. The revenues jumped by 11.36% to SAR …

Financial Results

1 August 2024 03:17 PM Alujain Corporation’s profits skyrocket 366% in Q2-24

Riyadh – Mubasher: Alujain Corporation turned profitable at SAR 20.26 million in the first half (H1) of 2024, compared to net losses worth SAR 17.74 million in H1-23. The revenues amounted to SAR 858.96 million in H1-24, an annual growth of 7.51% …

Financial Results

9 May 2024 03:38 PM Alujain Corporation turns profitable at nearly SAR 6m in Q1-24

Riyadh – Mubasher: Alujain Corporation shifted to net profits of SAR 5.62 million during the first quarter (Q1) of 2024 against net losses of SAR 20.88 million in Q1-23. The company also swung to profitability in Q1-24 compared with the previous …

Financial Results

21 March 2024 00:09 PM Alujain Corporation turns to losses in 2023

Riyadh – Mubasher: Alujain Corporation shifted to a net loss of SAR 82.25 million in 2023, compared to a net profit of SAR 64.54 million a year earlier. Revenues dropped 26.92% year-on-year (YoY) to SAR 1.39 billion last year from SAR 1.91 …

Financial Results

17 March 2024 00:29 PM Alujain Corporation inks MoU for manufacturing complex partnership

Riyadh – Mubasher: Alujain Corporation has signed a memorandum of understanding with Samvardhana Motherson International Limited to partner in a manufacturing complex. The industrial complex manufactures specialised engineering and plastic …

Companies Investments

17 January 2024 03:30 PM Alujain to sell 35% stake in NATPET for SAR 1.8bn

Riyadh – Mubasher: Alujain Corporation inked a deal to sell 35% shares of its subsidiary National Petrochemical Industrial Company (NATPET) in exchange for SAR 1.87 billion ($500 million). The Tadawul-listed firm will sell a 35% stake, …

Companies Investments

1 January 2024 04:40 PM Alujain acquires shares in NATPET; ownership hits 97.5%

Riyadh – Mubasher: Alujain Corporation has completed the acquisition of shares from certain shareholders of its subsidiary National Petrochemical Industrial Company (NATPET). The deal was finalised after the successful execution of a share swap …

Mergers and Acquisitions

3 August 2023 05:10 PM Alujain records 92% lower net profits in H1-23

Riyadh – Mubasher: Alujain Corporation achieved SAR 9.63 million in net profit after Zakat and tax during the first half (H1) of 2023, an annual plunge of 91.89% from SAR 118.75 million. The revenues shrank by 26.30% year-on-year (YoY) to SAR …

Financial Results

11 July 2023 11:59 AM Alujain unveils stake sale, rescheduling facility deal with Alinma Bank

Riyadh – Mubasher: Alujain Corporation sold its 98.75% equity in Zain Industries’ shares at a value of SAR 15.20 million, according to a bourse disclosure. The Saudi firm noted that the transaction will reflect on its income statements during the …

Companies Investments

30 March 2023 03:47 PM Alujain records over 92.5% plunge in 2022 profits

Riyadh – Mubasher: Alujain Corporation witnessed 92.65% lower net profits after Zakat and tax at SAR 119.29 million in 2022, versus SAR 1.62 billion in 2021. Revenue hit SAR 1.91 billion as of 31 December 2022, a 268.03% year-on-year (YoY) hike …

Financial Results

7 August 2022 03:58 PM Alujain’s profits tumble to SAR 119m in H1-22 initial financials

Riyadh – Mubasher: Alujain Corporation has posted net profits after Zakat and tax worth SAR 118.75 million in the first half (H1) of 2022, down 22.01% from SAR 152.26 million in H1-21. The company's revenues plummeted to SAR 1.08 billion in H1-22 …

Financial Results

26 June 2022 02:55 PM AXA Cooperative, Alujain change company name

Riyadh – Mubasher: AXA Cooperative Insurance Company has obtained its new commercial registration and changed its name to Gulf Insurance Group – GIG. The new entity name followed the completion of all required documents as well as the …

Corporate Actions