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The Saudi Arabian Amiantit Company JSC (Saudi Arabia)

Main Activities: Plastics Pipe and Pipe Fitting Manufacturing | Metal Tank (Heavy Gauge) Manufacturing | Engineering Services
Full name: The Saudi Arabian Amiantit Company JSC Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Saudi Arabian Amiantit Company (Amiantit) was established in 1968 in Dammam in the Kingdom of Saudi Arabia to manufacture pipes for the local market. Since then, Amiantit has grown and developed into a major diversified industrial group with operations spanning the globe. The Company operates pipe system manufacturing plants, technology companies, materials suppliers and engineering subsidiaries. The Company uses fiberglass, polyurethane and polymers materials to produce Glass Reinforced Polyester (GRP) Pipes, Glass Reinforced Epoxy (GRE) Pipes, Thermoplastic Pipes, Ductile Iron Pipes and Concrete Pipes. In 2009, it increased its ownership in SADIP to 100%. Its products target the municipal, civil engineering, industrial, energy and the agricultural markets worldwide. Amiantit is headquartered in the Kingdom of Saudi Arabia, where its shares are listed on the Saudi Stock Exchange.

Headquarters
Building No. 101, First Industrial Area, P.O. Box:589
Dammam; Eastern Province; Postal Code: 31421

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Website: http://www.amiantit.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1968
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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6.281%
Subsidiaries
Ameron Saudi Arabia Ltd
Amiantit Fiberglass Industries Co Ltd.
Amiantit Rubber Industries Ltd
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net sales revenue
43.8%
Total operating revenue
46.65%
Operating profit (EBIT)
310.06%
EBITDA
N/A
Net Profit (Loss) for the Period
-734.47%
Total assets
5.87%
Total equity
-13.73%
Operating Profit Margin (ROS)
5.5%
Net Profit Margin
-21.06%
Return on Equity (ROE)
-51.68%
Debt to Equity Ratio
66.29%
Quick Ratio
-0.05%
Cash Ratio
0.01%

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