• Riyadh, Kingdom of Saudi Arabia

Share Price




SOAP DATA

ASTRA INDUSTRIAL

Last Update: 2023-10-02 08:11:14

Share Price

Prev. Close Price: 88

Open Price: 87.3

Change: 1.6 (1.82%)

High: 89.7

Low: 87.3

Close: 89.60

Volume Traded: 87235

Performance

Start of Year

53

Year Ago

51.4

3 Years Ago

24.3

52 Week

Highest

101.8

Lowest

45.7

Change

74.32

Trade

Last Price

89.6

Last Quantity

29

avg. Size

272

Last Bid

Price

89.6

Quantity

221




Announcements

Astra Industrial Group announces its Interim Financial Results for the Period Ending on 2022-06-30 ( Six Months )

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGE
Sales/Revenue608,544,428533,087,19314.15634,518,985-4.09
Gross Profit (Loss)225,761,071205,369,6789.93273,877,052-17.57
Operational Profit (Loss)91,400,60271,019,08528.795,306,033-4.1
Net Profit (Loss) after Zakat and Tax243,096,41254,599,836345.2374,690,225225.47
Total Comprehensive Income238,228,03348,500,974391.1874,723,664218.81
All figures are in (Actual) Saudi Arabia, Riyals
ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE
Sales/Revenue1,243,063,4131,127,633,05210.24
Gross Profit (Loss)499,638,123463,381,8627.82
Operational Profit (Loss)186,706,635188,226,158-0.81
Net Profit (Loss) after Zakat and Tax317,786,637105,205,604202.06
Total Comprehensive Income312,951,69786,525,793261.69
Total Share Holders Equity (after Deducting Minority Equity)1,644,592,7011,352,372,35421.61
Profit (Loss) per Share3.971.32
All figures are in (Actual) Saudi Arabia, Riyals
ELEMENT LISTEXPLANATION
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year isNet profit increases in general due to:1. Gain from discontinued operation2. Increase in sales and gross profit in the following sectors:a) Pharmaceuticalsb) Specialty chemical
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter of the current year isNet profit increases in general due to:1. Gain from discontinued operation2. Decrease in selling and distribution expenses in pharmaceuticals sector.3. Decrease in general and administrative expenses in the following sectors:a) Pharmaceuticalsb) Specialty chemicalc) OtherWhile noting that there is decrease in gross profit in the following sectors:a) Pharmaceuticalsb) Specialty chemicalc) Power and steel
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year isNet profit increases in general due to:1. Gain from discontinued operation2. Increase in sales and gross profit in the following sectors:a) Pharmaceuticalsb) Specialty chemical3. Decrease in other expenses in pharmaceuticals sector.4. Decrease in provision for impairment of financial assets in all sectors.While noting that there is increase in selling and distribution expenses and general and administrative expenses in all sectors.
Statement of the type of external auditor’s reportUnmodified conclusion
Reclassification of Comparison ItemsCertain comparative figures for the previous period have been reclassified to be consistent with the presentation of the current period.
Additional Information1. Net Shareholders’ Equity at the end of the period was SR1,644,232,915/- compared to SR1,407,057,157/- at the end of the similar period last year with an increase of 17%.2. With the completion of the sale of Al Anmaa during the period, the financial results and statements of Al Tanmiya were accounted for in accordance with IFRS requirements. Please refer to Note 13 of the condensed interim consolidated financial statements for further details.
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Astra Industrial Group Announces an update on Astra Industrial Group (Astra) announces an update on its announcement that one of its subsidiaries, Al Tanmiya for Steel Industries (Al Tanmiya), signed a conditional agreement for exiting its investment in Alanmaa For Construction Materials Production Ltd. (Alanmaa)

ELEMENT LISTEXPLANATION
IntroductionWith reference to Astra Industrial Group announcement on 08/02/2022 G ) corresponding to 07/07/1443 H) and further update on 25/04/2022 G ) corresponding to 24/09/1443 H) related to one of its subsidiaries, Al Tanmiya For Steel Industries (Al Tanmiya) owned 65% by the group, has signed a conditional agreement on 07/02/2022 G (corresponding to 06/07/1443 H) with Al-Ghad Al-Mutakamel Company for General Trading, Iron, Steel and Metal Industries for exiting its investment in Alanmaa Company for General Construction Materials Industry Limited (Alanmaa Company), which owns steel and power plants in Iraq, we would like to announce that the company has finalized the accounting treatment with various auditors and reached an estimate on the gain as a result of this transaction.
Previous AnnouncementAstra Industrial Group (Astra) announces an update on its announcement that one of its subsidiaries, Al Tanmiya for Steel Industries (Al Tanmiya), signed a conditional agreement for exiting its investment in Alanmaa For Construction Materials Production Ltd. (Alanmaa)
Date of Previous Announcement on Tadawul’s Website2022-04-25 Corresponding to 1443-09-24
Percentage of fulfilled achievementIn compliance with IFRS standards, Astra Industrial Group and its subsidiary, Tanmiah, had to accrue estimated tax liability and expenses that will be imposed on the sale of Alanmaa.As the Group has completed the estimation of these expenses and tax liabilities and has cleared accounting treatment with the auditors of Astra Industrial Group and Tanmiya, we would like to announce to the public that the results of second quarter will include consolidated gain of SR182.9M from the sale of Alanmaa of which the group share is SR170.2M as per international financial reporting standards and reporting requirements in the related countries.For future update or progress on the process completion of discontinued operation accounting treatment and best estimates of transaction expenses, please refer to the subsequent quarterly and yearly group financial statements
Event’s Expected Completion Date04/08/2022
Reasons for Exceeding the Announced End DateN/A
The costs associated with the event, and if they have changed or not with indication of the reasons.N/A
Impact of the Delay on the Company’s Financial ResultsN/A
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Astra Industrial Group announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGE
Sales/Revenue634,518,985594,545,8596.723599,288,3575.878
Gross Profit (Loss)273,877,052258,012,1846.148227,201,38020.543
Operational Profit (Loss)95,306,033117,207,073-18.685101,902,955-6.473
Net Profit (Loss) after Zakat and Tax74,690,22550,605,76847.59251,789,82544.217
Total Comprehensive Income74,723,66438,024,81996.51256,059,76633.292
All figures are in (Actual) Saudi Arabia, Riyals
ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE
Total Share Holders Equity (after Deducting Minority Equity)1,526,364,6661,363,871,38211.914
Profit (Loss) per Share0.930.63
All figures are in (Actual) Saudi Arabia, Riyals
ELEMENT LISTEXPLANATION
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year isNet profit increases in general due to:1. Increase in sales in the following sectors:a. Pharmaceuticalsb. Specialty chemical2. Decrease in other expenses in pharmaceuticals sector.3. Decrease in provision for impairment of financial assets in pharmaceuticals sector.While noting that there is increase in selling and distribution expenses and general and administrative expenses in pharmaceuticals sector.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous period of the current year isNet profit increases in general due to:1. Increase in sales and gross profit in the following sectors:a. Pharmaceuticalsb. Specialty chemical2. Decrease in other expenses in pharmaceuticals sector.While noting that there is increase in selling and distribution expenses in pharmaceuticals sector and increase in provision for impairment of financial assets in pharmaceuticals and specialty chemical sectors.
Statement of the type of external auditor’s reportUnmodified conclusion
Reclassification of Comparison ItemsCertain comparative figures for the previous period have been reclassified to be consistent with the presentation of the current period.
Additional Information1. Net Shareholders’ Equity at the end of the period was SR1,579,544,902/- compared to SR1,421,009,316/- at the end of the similar period last year with an increase of 11%.2. With the completion of the sale of Al Anmaa subsequent to 31st March 2022, the financial results and statements of Al Tanmiya were accounted for in accordance with IFRS requirements. Please refer to Note 13 of the condensed consolidated interim financial statements for further details.
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Astra Industrial Group announces to Invites its Shareholders to Attend the ( First Meeting ) Extraordinary General Assembly Meeting

ELEMENT LISTEXPLANATION
IntroductionThe Board of Directors of Astra Industrial Group is pleased to invite the shareholders to participate and vote in the Extraordinary General Assembly (First Meeting) which will be held on Thursday 21/04/2022 at 9:00PM via modern technology means using Tadawulaty System.
City and Location of the General Assembly’s MeetingBy means of modern technology – AIG Headquarter – Riyadh
URL for the Meeting Locationhttps://www.tadawulaty.com.sa
Date of the General Assembly’s Meeting2022-04-21 Corresponding to 1443-09-20
Time of the General Assembly’s Meeting21:00
Attendance EligibilityShareholders Registered in the Issuer’s Shareholders Registry in the Depository Centre At the End of the Trading Session Preceding the General Assembly’s Meeting as per Laws and Regulations
Quorum for Convening the General Assembly’s MeetingThe 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 AgendaAttached
Proxy Form
E-VoteThe shareholders who are registered in Tadawulaty Services can remotely vote on the Items of the Extraordinary General Assembly starting from 10:00 AM on Monday 18/04/2022G 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
Eligibility for Attendance Registration and VotingEligibility for Registering the Attendance of the General Assembly’s Meeting Ends upon the Convenience of the General Assembly’s Meeting. Eligibility for Voting on the Business of the Meeting Agenda Ends upon the Counting Committee Concludes Counting the Votes
Method of CommunicationFor inquiries, please contact the Investors relations department on +966114752002 ext. 139, also you can direct your inquiries to the email of the investor relations department on: 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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