NATPET signs US$ 20 million Revolving Credit Facility Agreement

09/10/2012 12:08 AST

Alujain Corporation announces that on 22 DhullQada 1433H corresponding to 8 October 2012 its subsidiary National Petrochemical Industrial Company (NATPET) signed a US$ 20 Million three (3) year Revolving Credit Facility Agreement with The Saudi Fund for Development under the Saudi Export Program. The purpose of this Facility is to support Natpet's worldwide exports.

NATPET has provided corporate guarantee against the Facility.


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Alujain Corporation 2013 Net Profit Increases by 112.52%

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Net profit of Alujain Corporation (ALCO) during the 4th Q 2013 amounted to SAR 33.82 million versus SAR 17.12 million for the same quarter of last year with an increase of 97.55%, compared to SAR 56.

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Alujain announces its annual consolidated financial results

25/02/2013

Alujain announces its annual consolidated financial results for the period ended 31 December 2012:

1- Net Income was SR51.68 million as compared to net loss of SR9.95 million for the previ

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Alujain announces its interim consolidated financial results

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Alujain announces its interim consolidated financial results for the period ended 31 December 2012:

1. Net Income during the 4th quarter was SR16.91 million as compared to a net loss of SR2

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