• Riyadh, Kingdom of Saudi Arabia

Share Price




SOAP DATA

ASTRA INDUSTRIAL

Last Update: 2024-11-23 02:52:04

Share Price

Prev. Close Price: 167.4

Open Price: 166

Change: 0.8 (0.48%)

High: 170.4

Low: 165.8

Close: 168.20

Volume Traded: 208238

Performance

Start of Year

132.6

Year Ago

101.6

3 Years Ago

38.1

52 Week

Highest

193.8

Lowest

100

Change

65.55

Trade

Last Price

168.2

Last Quantity

105

avg. Size

42

Last Bid

Price

168.2

Quantity

937




Announcements

Astra Industrial Group 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 688,527,042 643,206,065 7.046 819,094,894 -15.94
Gross Profit (Loss) 324,022,859 259,197,627 25.009 338,828,302 -4.369
Operational Profit (Loss) 164,375,553 114,032,026 44.148 163,267,094 0.678
Net profit (Loss) 139,413,626 103,415,243 34.809 168,747,319 -17.383
Total Comprehensive Income 143,205,116 108,008,769 32.586 163,358,176 -12.336
All figures are in (Actual) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Sales/Revenue 2,340,660,188 2,042,871,476 14.576
Gross Profit (Loss) 1,011,947,720 848,603,189 19.248
Operational Profit (Loss) 496,648,352 379,839,530 30.752
Net profit (Loss) 457,902,329 341,043,859 34.264
Total Comprehensive Income 460,801,778 341,972,773 34.748
Total Shareholders Equity (after Deducting Minority Equity) 2,388,704,390 1,991,359,361 19.953
Profit (Loss) per Share 5.72 4.26
All figures are in (Actual) Saudi Arabia, Riyals
Element List Amount Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value
All figures are in (Actual) Saudi Arabia, Riyals
Element List Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is Sales increases in general due to:

 

 

Increase in Sales in the following sectors:

a) Pharmaceuticals.

b) Specialty chemical.

The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is Net profit Increases in general due to:

 

 

Increase in Sales and Gross Profit in the following sectors:

a) Pharmaceuticals.

b) Specialty chemical.

The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is Sales decrease in general due to:

 

 

Decrease in Sales in the following sectors:

a) Steel industries.

b) Specialty chemical.

The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is Net profit decreases in general due to:

 

 

1. Previous quarter included gain from discontinued operation

 

2. Decrease in Gross Profit in the following sectors:

a) Steel industries.

b) Specialty chemical.

The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is Sales increases in general due to:

 

 

Increase in Sales in the following sectors:

a) Steel industries.

b) Pharmaceuticals.

The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is Net profit Increases in general due to:

 

 

1. Increase in Gross Profit in all sectors:

 

2. Gain from discontinued operation.

Statement of the type of external auditor’s report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) NA
Reclassification of Comparison Items Certain comparative figures for the previous period have been reclassified to be consistent with the presentation of the current period.
Additional Information 1. Net Shareholders’ Equity at the end of the period was SR 2,395,855,591/- compared to SR 2,053,543,321/- at the end of the similar period last year with an increase of 17%.

 

 

2. On 21 February 2024, Astra Industrial Group and Tharwat Mining Company signed an agreement with Saudi Lime Industries Company (the “purchaser”) for exiting its entire investment in Astra Mining for a transaction price of SR 35 million for 100% equity stake and also the purchaser will settle the amounts due to the Company by Astra Mining of SR 129.6 million. The deal was subject to completion of certain conditions by the buyer. These conditions were fulfilled on 19 May 2024. Accordingly, the control was transferred to the buyer on that date and the Company has recognized its share of gain amounting to SAR 37.8M (representing 77.3% of consolidated gain on disposal amounting to SAR 48.9M). (For details, please refer to Consolidated Interim Financial Statements)

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Astra Industrial Group announces its Interim Financial results for the Period Ending on 2024-06-30 ( Six Months )

Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 819,094,894 659,588,069 24.182 833,038,252 -1.673
Gross Profit (Loss) 338,828,302 277,695,292 22.014 349,096,559 -2.941
Operational Profit (Loss) 163,267,094 125,254,718 30.348 169,005,705 -3.395
Net profit (Loss) 168,747,319 114,744,049 47.064 149,741,384 12.692
Total Comprehensive Income 163,358,176 103,628,214 57.638 154,238,486 5.912
All figures are in (Actual) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Sales/Revenue 1,652,133,146 1,399,665,411 18.037
Gross Profit (Loss) 687,924,861 589,405,562 16.715
Operational Profit (Loss) 332,272,799 265,807,504 25.005
Net profit (Loss) 318,488,703 237,628,616 34.027
Total Comprehensive Income 317,596,662 233,964,004 35.745
Total Shareholders Equity (after Deducting Minority Equity) 2,245,499,274 1,883,350,592 19.228
Profit (Loss) per Share 3.98 2.97
All figures are in (Actual) Saudi Arabia, Riyals
Element List Amount Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value
All figures are in (Actual) Saudi Arabia, Riyals
Element List Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is Sales increases in general due to:

 

 

Increase in Sales in the following sectors:

 

a) Steel industries.

b) Pharmaceuticals.

c) Specialty chemical.

The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is Net profit Increases in general due to:

 

 

1. Gain from discontinued operation.

 

2. Increase in Sales and Gross Profit in the following sectors:

a) Steel Industries.

b) Pharmaceuticals.

 

While noting that there is an increase in zakat and income tax expenses in all sectors.

The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is Sales decreases in general due to:

 

 

Decrease in Sales in the following sectors:

 

a) Pharmaceuticals.

b) Specialty chemical.

The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is Net profit Increases in general due to:

 

 

Gain from discontinued operation.

 

While noting that there is an increase in zakat and income tax expenses in all sectors.

The reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is Sales increases in general due to:

 

 

Increase in Sales in the following sectors:

 

a) Steel industries.

b) Pharmaceuticals.

The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is Net profit Increases in general due to:

 

 

1. Increase in Gross Profit in the following sectors:

a) Steel Industries.

b) Pharmaceuticals.

 

2. Gain from discontinued operation.

Statement of the type of external auditor’s report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) NA
Reclassification of Comparison Items Certain comparative figures for the previous period have been reclassified to be consistent with the presentation of the current period.
Additional Information 1. Net Shareholders’ Equity at the end of the period was SR 2,252,334,319/- compared to SR 1,945,839,399/- at the end of the similar period last year with an increase of 16%.

 

 

2. On 21 February 2024, Astra Industrial Group and Tharwat Mining Company signed an agreement with Saudi Lime Industries Company (the “purchaser”) for exiting its entire investment in Astra Mining for a transaction price of SR 35 million for 100% equity stake and also the purchaser will settle the amounts due to the Company by Astra Mining of SR 129.6 million. The deal was subject to completion of certain conditions by the buyer. These conditions were fulfilled on 19 May 2024. Accordingly, the control was transferred to the buyer on that date and the Company has recognized its share of gain amounting to SAR 37.8M (representing 77.3% of consolidated gain on disposal amounting to SAR 48.9M). (For details, please refer to Consolidated Interim Financial Statements)

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Astra Industrial Group Announces the Results of the Extraordinary General Assembly Meeting, ( First Meeting )

Element List Explanation
Introduction The Board of Directors of Astra Industrial Group is pleased to announce the results of the Extraordinary General Assembly Meeting, which was held by using modern technology on 24 June 2024 at 07:30 p.m. After reaching the quorum of 66.21%.
City and Location of the General Assembly’s Meeting By means of modern technology – AIG Headquarter – Riyadh
Date of the General Assembly’s Meeting 2024-06-24 Corresponding to 1445-12-18
Time of the General Assembly’s Meeting 19:30
Percentage of Attending Shareholders 66.21
Names of the Board of Directors’ Members Present at the General Assembly’s Meeting and Names of the Absentees The meeting was attended by the following Board Members:

 

 

1) Mr. Sabih Masri – CHAIRMAN

2) Mr. Khaled Masri – Deputy Chairman

3) Mr. Mohammad Al Utaibi

4) Mr. Kamil Sadeddin

5) Mr. Abdulkarim Al-Nafi

6) Mr. Ali AlSubaihin

7) Mr. Ghassan Akeel

8) Mr. Farraj Abuthenain

9) Mr. Khaled Al Mana

 

No Board Members were absent from this meeting.

Names of the Chairmen of the Committees Present at the General Assembly’s Meeting or Members of such Committees Attending on Their Behalf The following Committees Chairpersons attended the meeting:

 

 

1) Mr. Abdulkarim Al-Nafi – Chairman of the Audit Committee.

2) Mr. Ali AlSubaihin – Chairman of the Nomination and Remuneration Committee.

3) Mr. Khaled Masri – Chairman of the Performance and Investment Committee.

Voting Results on the Items of the General Assembly’s Meeting Agenda’s Attached
Attached Documents   

 

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Astra Industrial Group Board invites its shareholders to attend the Extraordinary General Assembly Meeting (First meeting) via modern technology means.

The Extraordinary General Assembly Meeting Agenda

1212

ASTRA INDUSTRIAL

-2.61 %

1445/11/25     02/06/2024 07:21:57

Element List Explanation
Introduction The Board of Directors of Astra Industrial Group is pleased to invite its shareholders to attend the Extraordinary General Assembly Meeting (First Meeting) via modern technology provided by Tadawulaty.
City and Location of the General Assembly’s Meeting AIG HQ, Riyadh (Using Tadawulaty system)
Hyperlink of the Meeting Location Click Here
Date of the General Assembly’s Meeting 2024-06-24 Corresponding to 1445-12-18
Time of the General Assembly’s Meeting 19:30
Methodology of Convening the General Assembly’s Meeting Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End The eligibility to attend the meeting is for shareholders registered in the Company share registry at the Depository Center as of the end of trading prior to the Meeting Day, and as per the rules and regulations.The right to register to attend the General Assembly meeting ends at the time of convening the General Assembly meeting. The attendee’s right to vote on the items of the Assembly’s agenda ends upon the end of screening of the votes by the Screening Committee.
Quorum for Convening the General Assembly’s Meeting The Meeting of the Extraordinary General Assembly shall be valid only in the presence of shareholders representing half of the company’s capital. In the event that this quorum is not available in the first meeting, the second meeting will be held an hour after the end of the period specified for the first meeting, and the second meeting will be valid if attended by a number of shareholders representing at least a quarter of company’s capital.
General Assembly Meeting Agenda Attached
Proxy Form  
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right Shareholders have the right to discuss matters listed in the agenda of the General Assembly and raise relevant questions. Shareholders can remotely vote on the General Assembly Meeting’s agenda via (E-voting service), through Tadawulaty www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda The shareholders who are registered in Tadawulaty Services can remotely vote on the Items of the Extraordinary General Assembly starting from 01:00 AM on Friday 21/06/2024 corresponding to 15/12/1445H and continue until the end of the Extraordinary General Assembly Meeting’s time, noting that registration and voting via Tadawulaty Services will be available and free of charge through the following link: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries For inquiries related to agenda of the General Meeting or for general inquiries, please contact Shareholders relations at Telephone No.: 011-4752002, Extension- 139 or by email: Khaled.albalawi@aig.sa
Attached Documents   

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

 

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