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Saudi Arabian Amiantit Co Sjsc Company Snapshot
Saudi Arabian Amiantit Company SJSC (Amiantit) is a Saudi Arabia-based joint stock company. The Company operates in three segments: Manufacturing and selling various types of pipes; Development and licensing of technologies related to production of various types of pipes, construction and supply of related pipe manufacturing machines, and Water management and related consultancy, engineering and operations. The Company's products are structured into two divisions: ipe System Products and Material Products. Its Pipe System products include glass reinforced polyester (GRP) pipes, glass reinforced epoxy (GRE) pipes, thermoplastic pipes, ductile iron pipes and concrete pipes. Its Material Products include fiberglass, polyurethane and polymers. The Company operates 30 pipe system manufacturing plants, six technology companies, four materials suppliers and eight supply and engineering subsidiaries. Its subsidiaries include Ameron Saudi Arabia Ltd and Saudi Arabia Concrete Products Ltd.

Sales Analysis. Saudi Arabian Amiantit Co Sjsc reported sales of 2.15 billion Saudi Riyals (US$572.08 million) for the year ending December of 2016. This represents a decrease of 22.0% versus 2015, when the company's sales were 2.75 billion Saudi Riyals. Contributing to the drop in overall sales was the 45.5% decline in Water Management, from 324.24 million Saudi Riyals to 176.65 million Saudi Riyals. There were also decreases in sales in Pipe Manufacturing (down 18.8% to 1.97 billion Saudi Riyals) .
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Saudi Arabian Amiantit Co Sjsc
  Stock Performance Chart for Saudi Arabian Amiantit Co Sjsc
  Stock Data: Recent Stock Performance:
  Current Price (7/20/2017): 5.26
(Figures in Saudi Riyals)
1 Week 0.2%   13 Weeks -5.2%  
4 Weeks -19.1%   52 Weeks -36.2%  
Saudi Arabian Amiantit Co Sjsc Key Data:
  Ticker: 2160 Country: Saudi Arabia
  Exchanges: Major Industry: Materials
    Sub Industry: Plastics Pipe
  2016 Sales 2,145,286,000
(Year Ending Jan 2017).
Employees: 3,132
  Currency: Saudi Riyals Market Cap: 607,530,000
  Fiscal Yr Ends: December Shares Outstanding: 115,500,000
  Share Type: Ordinary Closely Held Shares: 15,326,850
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