Saudi Vitrified Clay Pipes Co (SVCP) News - Mubasher Info
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22 October 05:46 AM

Saudi Vitrified Clay Pipes Co (2360)

Last update: 21 October 03:12 PM market time.
16.18
0.42
2.67%
Open 15.95
Previous Close 15.76
High 16.39
Low 15.51
Stock Statistics
Volume 179,403
Turnover 2,864,892.78
All data are 15 minutes late during market session

News

Photo Archive
1 October 11:17 AM SVCP shareholders elect new board of directors
Riyadh — Mubasher: Saudi Vitrified Clay Pipes Company (SVCP) announced the results of its second ordinary general assembly meeting (OGM) which was held on 30 September 2026. The primary agenda item approved during the meeting was the election of …
Management Decisions
Photo Archive
24 September 11:24 AM Saudi Vitrified Clay Pipes EGM to vote on capital cut
Riyadh — Mubasher: Saudi Vitrified Clay Pipes Company has invited its shareholders to an extraordinary general meeting (EGM) scheduled for 22 October 2026 to vote on a significant restructuring of its capital base. The primary agenda item is a …
Management Decisions
Photo Archive
17 September 06:16 AM Saudi Vitrified Clay converts Laffan Saudi into joint-stock company
Riyadh — Mubasher: Saudi Vitrified Clay Pipes Company announced the formal conversion of Laffan Pipe Factory (Laffan Saudi) from a single-person limited liability company into an unlisted Saudi joint-stock company. The entity has an issued capital …
Company News
Photo Archive
8 September 04:03 PM Saudi Vitrified Clay obtains regulatory nod for 70% capital reduction
Riyadh — Mubasher: Saudi Vitrified Clay Pipes Company received approval from the Capital Market Authority (CMA) on 7 September to proceed with a significant capital restructuring. The regulator authorized the company to reduce its capital from SAR …
Corporate Actions
Photo Archive
8 September 10:21 AM CMA nods for Saudi Vitrified Clay’s capital cut
Riyadh — Mubasher: The Capital Market Authority (CMA) has issued its approval for a request from Saudi Vitrified Clay Pipes Company to reduce its corporate capital from SAR 150 million to SAR 45.43 million. Under the approved plan, the total …
Corporate Actions
Photo Archive
6 September 11:14 AM Saudi Vitrified Clay to elect new board at next OGM
Riyadh — Mubasher: Saudi Vitrified Clay Pipes Company has invited its shareholders to attend the ordinary general meeting (OGM) scheduled for 19:00 on 30 September 2026. The meeting will be held at the company’s headquarters in Riyadh and via …
Corporate Actions
Capital Market Authority (CMA)
24 August 03:52 PM Saudi Vitrified Clay submits capital change request to CMA
Riyadh — Mubasher: Saudi Vitrified Clay Pipes Company has submitted a formal application to the Capital Market Authority (CMA) on 20 August 2026 to reduce its share capital, according to a bourse filing. The filing follows a board of directors’ …
Board of Directors
Photo Archive
16 August 04:13 PM Saudi Vitrified Clay amends capital restructuring plan to offset accumulated losses
Riyadh – Mubasher: The board of Saudi Vitrified Clay Pipe Company (SVCP) has amended a previous recommendation to restructure the company’s capital. The revised proposal seeks to reduce the current capital from SAR 150 million to SAR 45.43 …
Companies Investments
Saudi Exchange (Tadawul)
14 July 08:42 PM Tadawul approves termination of market making for 3 listed companies
Riyadh - Mubasher: The Saudi Exchange (Tadawul) has approved a request from Morgan Stanley KSA to terminate its market-making activities for three listed companies, effective on 15 July 2026. The companies affected by the cessation of …
Corporate Actions
Photo Archive
14 July 12:48 PM Saudi Vitrified Clay secures SAR 5.5m supply order for sewage project
Riyadh – Mubasher: Saudi Vitrified Clay Pipe Company (SVCP) has received a purchase order from Al-Imtiaz National Contracting Company valued at SAR 5.58 million, including value-added tax. The contract, which was awarded and signed on 13 July …
Companies Investments
Photo Archive
13 July 09:54 AM Saudi Vitrified Clay shareholders reject capital raise proposal
Riyadh – Mubasher: The shareholders of Saudi Vitrified Clay Pipe Company (SVCP) have rejected a proposal to increase the company's capital during an extraordinary general meeting (EGM) held on 12 July 2026. The meeting, which recorded an …
Company News
Photo Archive
15 June 06:22 PM Saudi Vitrified Clay postpones EGM to discuss 53.5% capital hike proposal
Riyadh – Mubasher: Saudi Vitrified Clay Pipe Company (SVCP) announced the non-convening of the extraordinary general meeting (EGM), which was supposed to be held on 14 June 2026. This is due to the failure to achieve the required legal quorum for …
Management Decisions
Photo Archive
4 June 03:44 PM Saudi Vitrified Clay unveils SAR 4.6m purchase order agreement
Riyadh – Mubasher: Saudi Vitrified Clay Pipe Company (SVCP) has received a purchase order from Bright Trading & Contracting Company Limited, with a total value of SAR 4.64 million on 3 June 2026. The agreement covers the supply of vitrified clay …
Companies Investments
Photo Archive
30 October 2023 05:31 PM Saudi Vitrified Clay’s net losses shrink to SAR 7m in 9M-23
Riyadh – Mubasher: Saudi Vitrified Clay Pipe Company (SVCP) reported SAR 6.99 million in net loss after Zakat and tax during the first nine months (9M) of 2023, signalling a 31.47% annual plunge from SAR 10.20 million, according to the interim …
Financial Results
Photo Archive
19 October 2023 02:49 PM Saudi Vitrified Clay announces Chairman, Vice Chairman
Riyadh – Mubasher: Saudi Vitrified Clay Pipe Company (SVCP) has appointed Prince Faisal bin Abdulaziz bin Faisal Al Saud as the Chairman of the board for the next three years. The firm also named Saad Saud Al Sayari as the Vice Chairman and …
Management Decisions
Photo Archive
7 March 2022 03:13 PM Saudi Vitrified Clay turns to losses in 2021
Riyadh - Mubasher: Saudi Vitrified Clay Pipe Company (SVCP) incurred net losses after Zakat and tax worth SAR 2.10 million in 2021, against profits amounting to SAR 10.70 million in 2020. The company’s revenues decreased by 28.11% to SAR 88.70 …
Financial Results
Sales shrank 19% to SAR 22.66 million in Q2-21
25 July 2021 00:34 PM Saudi Vitrified Clay incurs losses in H1-21
Riyadh – Mubasher: Saudi Vitrified Clay Pipes Company suffered a net loss after Zakat and tax worth SAR 1.21 million during the first half (H1) of 2021, against profits of SAR 8.27 million in H1-20. Losses per share stood at SAR 0.08 in H1-21, …
Financial Results
Saudi Vitrified Clay has achieved an annual rise of 21.6% in 2020 profits
6 April 2021 01:03 PM Saudi Vitrified Clay’s shareholders approve 10% dividends for 2020
Riyadh – Mubasher: The ordinary general meeting of Saudi Vitrified Clay Pipe Co. gave the green light for paying the equivalent of 10% of capital as cash dividends for 2020. The shareholders approved the board’s decision to distribute SAR 1 per …
Company News
The profit hike was driven by higher revenues and lower cost of goods sold.
1 March 2021 11:17 AM Saudi Vitrified Clay profits grow 21.6% in 2020
Riyadh - Mubasher: Saudi Vitrified Clay Pipes Company (SVCP) reported SAR 10.7 million in net profits for 2020, an increase of 21.6% when compared to SAR 8.8 million in 2019. The profit hike was driven by higher revenues and lower cost of goods …
Financial Results
Revenues inched down by 0.95% annually in Q2-20.
18 October 2020 10:05 AM Saudi Vitrified Clay Q3 profit down 38%
Riyadh - Mubasher: Saudi Vitrified Clay Pipes Company (SVCP) reported a 38.1% year-on-year (YoY) decline in profits during the third quarter (Q3) of 2020 at SAR 910,000 due to higher operating expenses. Revenues inched down by 0.95% YoY in the …
Financial Results
Photo Archive
18 October 2020 09:54 AM Saudi Vitrified Clay cancels deal to buy 75% of Advanced Piping
Riyadh - Mubasher: Saudi Vitrified Clay Pipes Company (SVCP) said the renewed memorandum of understanding (MoU) signed to acquire 75% of Advanced Piping Solutions has expired on 15 October 2020 without reaching an agreement to further extend the …
Management Decisions
Revenue for Q2-20 soared by 19.1% yearly
19 August 2020 09:36 AM Saudi Vitrified Clay’s quarterly profit skyrockets by 368%
Riyadh - Mubasher: Saudi Vitrified Clay Pipes Company (SVCP) achieved SAR 2.86 million in net profits over the second quarter (Q2) of 2020, 368.9% more than SAR 610,000 in the same quarter a year ago. The Tadawul-listed firm ascribed the growth in …
Financial Results
The MoU has been renewed for 60 additional days
16 August 2020 09:36 AM Saudi Vitrified Clay renews MoU to buy 75% of Advanced Piping
Riyadh - Mubasher: Saudi Vitrified Clay Pipes Company (SVCP) has extended a Memorandum of Understanding (MoU) to acquire 75% of Advanced Piping Solutions. The two companies agreed to extend the MoU for an additional 60 days through a written …
Mergers and Acquisitions
The profit surged to SAR 5.41 million in the first quarter of 2020
11 June 2020 00:53 PM Saudi Vitrified Clay’s profits up 238% in Q1-20
Riyadh - Mubasher: Saudi Vitrified Clay Pipes Company (SVCP) on Thursday reported 238.1% higher net profits after Zakat and tax over the first quarter (Q1) of 2020, as shown by the company's interim financial results. Year-on-year (YoY), the …
Financial Results
The deal aims to diversify Saudi Vitrified Clay’s products
19 April 2020 04:19 PM Saudi Vitrified Clay takes over 75% of Advanced Piping
Riyadh - Mubasher: Saudi Vitrified Clay Pipes Company (SVCP) has signed a purchase agreement on Sunday, 19 April, to acquire 75% of Advanced Piping Solutions for SAR 56.25 million. The acquisition deal will increase Saudi Vitrified Clay’s revenues …
Companies Investments