Shares of Tasnee hit 3-year high

Logo of National Industrialization Co.

Shares of National Industrialization Co. (Tasnee) reached the highest level in three years, or since 2018, at SAR 23.38 today, Sept. 27.

The stock closed today’s session higher by 3% to SAR 23.24; its highest level since 2018, with a trading volume of 13.9 million shares.

Accordingly, the stock gained approximately 70% year-to-date (YTD).

Tasnee was established in 1985 as the first Saudi joint stock company, fully-owned by the private sector.

The company’s core operations portfolio comprises industrial investment, petrochemicals, chemicals, marketing and technical services.

Stock Performance
Annual High (SAR)	23.38	Sept. 27, 2021
Annual Low (SAR)	11.12	Nov. 1, 2020
Historical High (SAR)	77.25	Dec. 4, 2005
Historical Low (SAR)	1.50	Dec. 19, 1998
Highest Trading Volumes (mln shares)	93.22	Nov. 7, 2004

Key Performance Indicators
EPS (last 12 months) (SAR)	1.16
Operating P/E (last 12 months) (x)	20.03
Book Value (SAR)	12.04
P/B (x)	1.93

Tasnee increased capital 10 times to reach the current capital of SAR 6.69 billion.

Capital Increase Details (SAR mln)
Date	Method	Old Capital	New Capital	Change
2012	Bonus Issue	5574.3	6689.1	+20%
2011	Bonus Issue	5067.5	5574.3	+10%
2010	Bonus Issue	4606.8	5067.5	+10%
2008	Rights Issue	3495.7	4606.8	+32%
2007	Bonus Issue	2330.5	3495.7	+50%
2006	Acquisition	1570.0	2330.5	+48%
2005	Bonus Issue	981.3	1570.0	+60%
2004	Rights Issue	785.0	981.3	+25%
2003	Acquisition	600.0	785.0	+31%
1991	Rights Issue	300.0	600.0	+100%

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