National Industrialization Company operates in the Industrial organic chemicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares National Industrialization Company with three other
chemical manufacturers in Middle East:
Boubyan Petrochemical Company KSCP
sales of 54.76 million Kuwaiti Dinars [US$177.22 million]
of which 58%
was Energy Manufacturing & Petrochemical Sec),
Qurain Petrochemical Industries Company KSCP
(195.40 million Kuwaiti Dinars [US$632.36 million]
(2.59 billion Saudi Arabian Riyals [US$690.58 million]
of which 100%
was Gas Production and/or).
Sales fell dramatically in 2019:
National Industrialization Company reported sales of 3.02 billion Saudi Arabian Riyals (US$803.55 million)
December of 2019.
decrease of 73.6%
versus 2018, when the company's sales were 11.44 billion Saudi Arabian Riyals.
Contributing to the drop in overall sales was the 4.2% decline
in Petrochemcials Sector, from 1.89 billion Saudi Arabian Riyals to 1.81 billion Saudi Arabian Riyals.
However, these declines were partially offset by the increase in sales of
Transformative Industries (up 2.8% to 1.21 billion Saudi Arabian Riyals)