» Login/Register
User Name   :
Password     :
 
New User | Forgot password?

» News Search
News Archive :
Year    :
Month :
 
» Latest Events
Desert Camp Gathering
Town-Hall Gathering
Town hall gatherings
celebration of Eid Al-Fetter
Advanced celebrated today April 3rd 2010 the successful completion of the Turnaround Project.
News
The interim financial results for the period ended at 30/09/2011 29/10/2011
 Advanced Petrochemical Company (Advanced) announces the interim financial results for the period ended at 30/09/2011:
1. The company's net income during the 3Q of 2011 was SR 135.5 million compared to SR 121.1 million for the same quarter last year with an increase of 12% and compared to SR 155.6 million for the previous quarter with decrease of 13%.
2. The company’s gross profit during the 3Q of 2011 was SR 150.7 million compared to SR 136.9 million for the same quarter last year with an increase of 10%.
3. The company's income from operation during the 3Q of 2011 was SR 141.2 million compared to SR 128.7 million for the same quarter last year with an increase of 10 %.
4. The company's net income during the 9 months was SR 422.2 million compared to SR 238.9 million for the same period last year with an increase of 77 %.
5. The Earnings per share during the 9 months was SR 2.986 compared to SR 1.690 for the same period last year.
6. The company’s gross profit during the 9 months was SR 465.9 million compared to SR 287.7 million for the same period last year with an increase of 62%.
7. The company's income from operation during the 9 months was SR 437.6 million compared to SR 261.7 million for the same period last year with an increase of 67%.
8. The reasons for the increase in net income of the 3Q of 2011 and period ended September 30, 2011 compared to the 3Q of 2010 and period in 2010 are mainly due to the improved product prices and increased sales quantity while the reason for the decrease in net income of the 3Q of 2011 compared to the 2Q of 2011 is mainly due to the decreased product prices.
Latest News
> ADVANCED has achieved “Five (5)” MILLION Safe man-hours 18/05/2013
> ADVANCED ANNOUNCES INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 31.03.2013 13/04/2013
> ADVANCED ANNOUNCES INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 31.03.2013 03/04/2013
> dividends distribution for 2nd half 2012 will start today March 23, 2013 23/03/2013
> Advanced announced the outcome of the 6th Ordinary General Assembly Meeting 03/03/2013
> The Board of Directors of Advanced is pleased to invite all shareholders to attend the sixth ordinary general assembly meeting - Second Call 25/02/2013
> Board of Directors of Advanced invites shareholders to attend the sixth ordinary general assembly meeting 09/02/2013
> Advanced and Vinmar Projects Ltd. have signed on 4th February 2013 a Memorandum of Understanding to form a new Company 05/02/2013
> Advanced announces its audited Annual financial results for the year ended 31 December 2012 27/01/2013
> ADVANCED PETROCHEMCICAL COMPANY ANNOUNCES INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 31.12.2012 16/01/2013
> ADVANCED ANNOUNCES ESTIMATED INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 2012 07/01/2013
> ADVANCED PETROCHEMICAL COMPANY ANNOUNCES THE FULL PAYMENT OF SAUDI INDUSTRIAL DEVELOPMENT FUND LOAN 29/12/2012
> Advanced announces distribution SR 163.9 million cash dividends 18/12/2012
> }elebration of Eid Al-Adha 13/11/2012
> ADVANCED ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED AT 30/09/2012 10/11/2012
> Advanced Petrochemical Company (Advanced) announces the financial results for the period ended at 30/06/2012 (6 months) 11/08/2012
> Advanced has achieved the fourth position in the Saudi Responsible Competitiveness Index. 07/07/2012
> Advanced Petrochemical Company announced the distribution of dividends to shareholders for the first half of year 2012. 07/07/2012
> Advanced Petrochemical Company has achieved the forty five position in the biggest 100 Saudi Company index for 2012 conducted by Al Eqtisadiah news Paper. 07/07/2012
> Advanced Petrochemical Company and Saudi Aramco Total Refining and Petrochemical signed a short-term sales agreement for the supply of propylene 11/06/2012
> Advanced Petrochemical Company announced the successful end of the scheduled periodic maintenance 30/05/2012
> Advanced Petrochemical Companyand Bayegan Group Signs Memorandum of Understanding for US$1 billion PDH-PP Plant in Turkey 06/05/2012
> Advanced Petrochemical Company is currently studying the feasibility of several industrial projects and some of them are in final stages. 28/04/2012
> Advanced will be setting up a Polypropylene Joint Venture, with a Turkish company, in Turkey. 28/04/2012
> financial results for the period ended at 31/03/2012 17/04/2012
> Advanced announced the outcome of the 4th Extraordinary General Assembly Meeting held on Tuesday 29th of Rabi I 1433 18/03/2012
> Advanced Petrochemical Company announces the start of the deposit of the second-half profit of the fiscal year 2011 and the fractures amounts to all eligible shareholders 18/03/2012
> Advanced Petrochemical Company announced the distribution of the second-half of year 2011 profit 13/03/2012
> Advanced Petrochemical Company announces the annual financial results for the year end 31/12/2011 21/02/2012
> The administration council of Advanced Petrochemical Company is pleased to invite all shareholders who owns 20 shares and above to attend the forth extraordinary general assembly meeting 21/02/2012
> interim financial results for the period ended at 31/12/2011 17/01/2012
> Advanced board of director decided to recommend for distributing cash dividend for the second half of 2011 20/12/2011
> Advanced announced Wednesday, December 7, 2011, that it has achieved the seventh (7) position in the Saudi Responsible Competitiveness Index. 17/12/2011
> A group of students from King Khalid Elementary school in Jubail Ballad visited Advanced on Wednesday 13th of December 17/12/2011
> The interim financial results for the period ended at 30/09/2011 29/10/2011
> Advanced achieved 3 MILLION Safe man-hours without “Lost Time Injury (LTI)”. 20/09/2011
> Advanced declared its financial position for the period ended 30/06/2011 13/07/2011
> Advanced declares the distribution of cash dividends to shareholders for the first half of year 2011. 13/07/2011
> Advanced declared its financial position for the first quarter ended 31/03/2011 11/04/2011
> Advanced board Members decided to pay two months basic salary to all direct hire employees 27/03/2011
> Advanced announced the outcome of the 3rd Extra- Ordinary General Assembly Meeting 27/03/2011
> Advanced Petrochemical Company invites all shareholders to attend the third non-regular general assembly meeting 14/02/2011
> Advanced Petrochemical Company invites all shareholders to attend the fifth regular general assembly meeting 14/02/2011
> Advanced Petrochemical Company invites all shareholders to attend the fourth regular general assembly meeting 14/02/2011
> Advanced is pleased to announce its financial position for the period ended 31/12/2010. 06/02/2011
> Advanced board members decided in their meeting on Sunday 6th of Moharam 1431( corresponding to the 12th of December 2010) to recommend to the general assembly to distribute SR 141.3 million cash dividend which is equivalent to( SR 1.00) 28/12/2010
> Advanced declared its financial position for the period ended 30/09/2010 (9 months). 17/10/2010
> Advanced petrochemical Company announced the appointment of Chairman and Committees of Board. 17/10/2010
> Advanced Petrochemical Company is pleased to announce the outcome of the fifth regular general assembly 10/10/2010
> Advanced Petrochemical Company celebrates its 5th Anniversary on October 1st 2010 21/09/2010
> Advanced declared its financial position for the period ended 30/06/2010 21/07/2010
> Advanced announced the new board members nomination 19/07/2010
> Advanced’s Board of Directors decided to distribute SR 0.75 cash dividend per share. 09/06/2010
> Advanced declared its financial position for the first quarter ended 31/03/2010 18/04/2010
> Advanced declared the end of annual Turnaround project 05/04/2010
> Jubail Equestrian Club 27/03/2010
> Advanced announce the date of distributing of SR .50 profit per share for the second half of year 2009 to all registered shareholders. 27/03/2010
> Best 20 working environment companies for the year 2009 17/03/2010
> Advanced declared its financial position for the year ended 31/12/2009 03/02/2010
> Advanced successfully completed more than a million man hours without a disability injury 03/02/2010
> Advanced board members decided to distribute 50 Halalas (SR .5) profit per share: 03/02/2010
> The holidays for Eid Al-Fitr and the National Day 08/09/2009
> APPC declares officially its New Name 31/08/2009
> APPC financial position for the second quarter of 2009 09/08/2009
> APPC declared the results of the Second General Assembly Meeting 18/03/2009
> APPC announced its net profit 12/10/2008
> APPC declare its financial position for the second quarter ended 30/06/2008. 24/09/2008
> The project has achieved 12.6 million man-hours without Lost Time Injury. 01/12/2007
> APPC changed its Banking structure to Islamic (Sharia) 23/05/2007
> APPC accomplished more than 93% of the PP plant construction 25/04/2007
> The second general assembly meeting of APPC met today in Dammam. 23/04/2007
> Today is the start of the (47 %) IPO for the APPC 25/11/2006
> Royal Commission assigned a land for the APPC Plant project in Jubail. 12/08/2006
Back To Main News
Web Mail | Privacy Statement Copyright © Advanced Petrochemical Company, all rights reserved