Alujain Corporation
Alujain Corporation is a Saudi joint stock company established in 1991 with headquarters in Riyadh, Saudi Arabia by a group of prominent Saudi/Gulf businessmen, and its share capital is SR692 million ($185 million) representing 69,200,000 shares at SR10 per share.
Alujain holds a majority equity of 76.40% in National Petrochemical Industrial Company (NATPET), operating a 400,000 tons per year Propylene Polypropylene Complex in Yanbu using Oleflex and Spheripol technologies, and a 98.75% share in Zain Industries Company Ltd., which produces and markets FMCGs and various chemicals in Jubail Industrial City.
Key Financial Highlights - FY 2023
1,396.733
SR Million
Sales
(52.273)
SR Million
Net Profit (Loss)
232.847
SR Million
Gross Profit
(25.492)
SR Million
Profit/ (Loss) Before Zakat