3 column news

  1. Home
  2. 3 column news

Astra Industrial Group Announces the Results of the Ordinary General Assembly Meeting (First Meeting)
  • No Comments
Element List Explanation
Introduction

The Board of Directors of Astra Industrial Group is pleased to announce to its shareholders

the results of the Ordinary General Assembly Meeting for the fiscal year 2025 (First Meeting)

via modern technological means (using the Tadawulaty platform)
City and Location of the General Assembly’s Meeting AIG Headquarter, Riyadh – via modern technology means (Remotely)
Date of the General Assembly’s Meeting 2026-04-29 Corresponding to 1447-11-12
Time of the General Assembly’s Meeting 19:00
Percentage of Attending Shareholders 62.64
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. Kamil Sadeddin

4) Mr. Abdulkarim Al Nafi

5) Mr. Ghassan Akeel

6) Mr. Farraj Abuthenain

7) Mr. Khaled Al Mana

8) Mr. Abdulrahman Alrawaf

9) Mr. Ayman Sejiny

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 AlNafi – Chairman of the Audit Committee.

2) Mr. Mr. Abdulrahman Alrawaf – 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   

Read More

Astra Industrial Group announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )
  • No Comments
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Sales/Revenue 790,909,047 833,728,170 -5.135 791,827,797 -0.116
Gross Profit (Loss) 385,259,335 372,598,003 3.398 368,859,731 4.446
Operational Profit (Loss) 192,085,715 189,301,115 1.47 119,688,569 60.487
Net Profit (Loss) Attributable to Shareholders of the Issuer 173,138,809 171,871,096 0.737 152,574,252 13.478
Total Comprehensive Income Attributable to Shareholders of the Issuer 172,515,689 176,723,126 -2.38 156,953,969 9.914
All figures are in (Actual) Saudi Arabia, Riyals



Element List Current Period Similar period for previous year %Change
Total Shareholders Equity (after Deducting Minority Equity) 3,134,506,371 2,700,529,204 16.07
Profit (Loss) per Share 2.16 2.15
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

Revenue decreases in general due to:

Decrease in revenue in the following segments:

a) Steel Industry

b) Specialty chemical.

While noting that there is slight increase in revenue in pharmaceuticals segment.
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. Increase in Gross Profit in the following segments:

a) Pharmaceuticals

b) Steel Industry

2. Decrease in finance costs mainly in the following segments:

a) Specialty Chemical

b) Pharmaceuticals.

While noting that there is decrease in other income, net in other segment.
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 steel segment.

While noting that there is increase in sales in the pharmaceuticals segment.
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:

1. Increase Gross Profit in Profit in the following segments:

a. Pharmaceuticals

b. Specialty chemical

While noting that there is decrease in Gross Profit in Steel industries.

2. Decrease in General and administrative expenses in following sectors:

a) Steel industries

b) Specialty chemical

3. Decrease in Provision for impairment of financial assets expenses in following sectors:

a) Steel industries

b) Specialty chemical

While noting that there is decrease in share in profit from unconsolidated subsidiary.
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 Net Shareholders’ Equity at the end of the period was SR 3,133,945,566/- compared to SR 2,707,857,633 /- at the end of the similar period last year with an increase of 16%.

 

Read More

Astra Industrial Group Board invites its shareholders to attend the Ordinary General Assembly Meeting the (First Meeting)
  • No Comments
Element List Explanation
Introduction The Board of Directors of Astra Industrial Group is pleased to invite the shareholders to participate and vote on the agenda items of the Ordinary General Assembly Meeting for the fiscal year 2025 (First Meeting) via modern technological means (using the Tadawulaty platform)
City and Location of the General Assembly’s Meeting AIG Headquarter, Riyadh – via modern technology means (Remotely)
Hyperlink of the Meeting Location Click Here
Date of the General Assembly’s Meeting 2026-04-29 Corresponding to 1447-11-12
Time of the General Assembly’s Meeting 19:00
Methodology of Convening the General Assembly’s Meeting Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End The right of attendance is granted to shareholders registered in the issuer’s shareholder register at the Depository Center at the close of trading on the day preceding the General Assembly Meeting, in accordance with applicable regulations and rules.

 

The eligibility to register attendance for the General Assembly Meeting expires at the time of commencement of the meeting.

The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee.
Quorum for Convening the General Assembly’s Meeting The Ordinary General Assembly Meeting shall be valid if attended by shareholders representing at least half of the Company’s share capital.

 

Should the required quorum not be achieved, a second meeting shall be held one hour after the expiry of the time designated for the first meeting. The second meeting shall be valid regardless of the number of shares represented therein.
General Assembly Meeting Agenda Attached
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right Shareholders are entitled to discuss matters listed in the agenda of the General Assembly and raise relevant questions to the Board members.

 

 

Registration and voting via Tadawulaty services shall be available free of charge to all shareholders through the following link: www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda Shareholders registered with Tadawulaty services will be able to cast their votes electronically on the agenda items remotely, commencing from 1:00 AM on Saturday, 25/04/2026, corresponding to 08/11/1447H, and until the conclusion of the General Assembly Meeting.

 

Registration and voting via Tadawulaty services shall be available free of charge to all shareholders through the following link: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries The Company welcomes all questions and inquiries related to the above-referenced Ordinary General Assembly Meeting via the following email address:

 

Khaled.albalawi@aig.sa
Attached Documents   
Read More

Astra Industrial Group announces the board of director’s recommendation to distribute cash dividends for the fiscal year 2025
  • No Comments
Element List Explanation
Introduction The Board of Directors of Astra Industrial Group is pleased to invite the shareholders to participate and vote on the agenda items of the Ordinary General Assembly Meeting for the fiscal year 2025 (First Meeting) via modern technological means (using the Tadawulaty platform)
City and Location of the General Assembly’s Meeting AIG Headquarter, Riyadh – via modern technology means (Remotely)
Hyperlink of the Meeting Location Click Here
Date of the General Assembly’s Meeting 2026-04-29 Corresponding to 1447-11-12
Time of the General Assembly’s Meeting 19:00
Methodology of Convening the General Assembly’s Meeting Via modern technology means
Attendance Eligibility, Registration Eligibility, and Voting End The right of attendance is granted to shareholders registered in the issuer’s shareholder register at the Depository Center at the close of trading on the day preceding the General Assembly Meeting, in accordance with applicable regulations and rules.

 

The eligibility to register attendance for the General Assembly Meeting expires at the time of commencement of the meeting.

The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee.
Quorum for Convening the General Assembly’s Meeting The Ordinary General Assembly Meeting shall be valid if attended by shareholders representing at least half of the Company’s share capital.

 

Should the required quorum not be achieved, a second meeting shall be held one hour after the expiry of the time designated for the first meeting. The second meeting shall be valid regardless of the number of shares represented therein.
General Assembly Meeting Agenda Attached
Proxy Form
The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right Shareholders are entitled to discuss matters listed in the agenda of the General Assembly and raise relevant questions to the Board members.

 

 

Registration and voting via Tadawulaty services shall be available free of charge to all shareholders through the following link: www.tadawulaty.com.sa
Details of the electronic voting on the Assembly’s agenda Shareholders registered with Tadawulaty services will be able to cast their votes electronically on the agenda items remotely, commencing from 1:00 AM on Saturday, 25/04/2026, corresponding to 08/11/1447H, and until the conclusion of the General Assembly Meeting.

 

Registration and voting via Tadawulaty services shall be available free of charge to all shareholders through the following link: www.tadawulaty.com.sa
Method of Communication in Case of Any Enquiries The Company welcomes all questions and inquiries related to the above-referenced Ordinary General Assembly Meeting via the following email address:

 

Khaled.albalawi@aig.sa
Attached Documents   
Read More

Astra Industrial Group announces the board of director’s recommendation to distribute cash dividends for the fiscal year 2025
  • No Comments
 
1447/09/22     11/03/2026 08:02:55
Element List Explanation
Introduction Astra Industrial Group announces the Board of Directors’ recommendation to the General Assembly to distribute cash dividends to shareholders for the fiscal year 2025 as follows:
Date of the board’s recommendation 2026-03-10 Corresponding to 1447-09-21
The Total amount distributed SAR 280,000,000
Number of Shares Eligible for Dividends 80,000,000 shares
Dividend per share SAR 3.5 per share
Percentage of Dividend to the Share Par Value (%) 35
Eligibility date Eligibility for the dividends shall be for shareholders who own the shares on the day of the General Assembly meeting and who are registered in the Company’s shareholders register with the Securities Depository Center (Edaa) at the end of the second trading day following the date of the General Assembly meeting. The date of the General Assembly meeting will be announced later after obtaining the necessary approvals from the relevant authorities.
Distribution Date The distribution date will be announced at a later stage following the approval of the General Assembly on the Board of Directors’ recommendation to distribute dividends.
The name of other official authorities and the details of their non-refusal to the recommendation or decision Not Applicable.
Additional Information The Company would like to draw the attention of non-resident foreign investors that the cash dividends transferred through the resident financial intermediary are subject to a 5% withholding tax upon transfer or crediting to the investor’s bank account, in accordance with Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations.

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.

Read More

Astra Industrial Group announces its Annual Financial results for the period ending on 2025-12-31
  • No Comments

1212ASTRA INDUSTRIAL-0.29 %1447/09/19     08/03/2026 08:02:05

 

Element List Current Year Previous Year %Change
Sales/Revenue 3,070,726,717 3,062,261,277 0.28
Gross Profit (Loss) 1,414,060,429 1,342,292,117 5.35
Operational Profit (Loss) 694,687,149 658,476,355 5.5
Net Profit (Loss) Attributable to Shareholders of the Issuer 666,812,348 589,340,930 13.14
Total Comprehensive Income Attributable to Shareholders of the Issuer 678,184,604 595,903,466 13.81
Total Shareholders Equity (after Deducting Minority Equity) 2,961,990,682 2,523,806,078 17.36
Profit (Loss) per Share 8.34 7.37
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 year compared to the last year Revenue increases in general due to:

 

– Increase in revenue in Pharmaceuticals segment

While noting that there is Decrease in revenue in the following segments:

a) Specialty chemical.

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

 

1. Increase in Gross Profit in the following sector:

a) Pharmaceuticals

b) Steel segment.

2. Decrease in finance costs mainly in Specialty Chemical segment.

3. Share in profit from unconsolidated subsidiary

While noting that there is gain from discontinued operation in similar period last year.
Statement of the type of external auditor’s report Unmodified opinion
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 Net Shareholders’ Equity at the end of the period was SR 2,961,482,209/- compared to SR 2,530,968,707/- at the end of the similar period last year with an increase of 17%.

 

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.

Read More