The shares of the Aseq Plastic Factory Company increased by 3.03% during trading in the parallel Saudi market “growth” today, Sunday, to circulate at the price of 68 riyals per share, achieving its highest level since its inclusion.
And traded on 1.8 thousand shares of the Aseg Plastic Factory Company at that time, with a trading value of 122.29 thousand riyals.
The highest price for the share was at that time at 68 riyals per share, while the share price was at 66.80 riyals.
The Aseq Plastic Factory Company “Aseq” achieved an increase in net profits by 43.04% during the year 2024 AD compared to the previous year.
According to the financial statements issued by the company, the net profit amounted to 32.2 million riyals in 2024 m, compared to 22.52 million riyals in 2023.
Aseq attributed this growth to increased revenues, in addition to reducing costs, which contributed to enhancing financial performance and improving operational efficiency.
The company’s revenues also witnessed an increase of 32.9% in 2024, reaching 142.73 million riyals, compared to 107.38 million riyals in the previous year.
The Aseq Plastic Factory Company (known as Aseq) is a public company listed in the parallel market “growth” within the trading of Saudi Arabia since August 2024.
The company operates in the non -chemical materials sector, with its focus on metal and plastic products. Its headquarters is located in Riyadh, Saudi Arabia, was established in February 2005.
