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The company produces polyethylene plastic pipes
Overview
Al Wasail Industrial Co. was formed in 1980 as a sole proprietorship by Saleh bin Abdullah bin Abdulaziz Almushekih under the name “Alwasail Agricultural Company”, with capital of SAR 50,000 in Buraydah.
The company produces polyethylene pipes, fittings and its accessories, which are used in various systems including irrigation, drinking water, sewage, gas, electricity and telecom, in addition to other industrial uses. The company also manufactures rubber products, as well as flat and circular foam pipe insulations.
The company owns two main plants for pipes and fittings manufacturing, integrated warehouses and a distribution fleet. The company’s plants include more than 100 production pipes lines of different sizes. It also produces High-Density Polyethylene Pipes (HDPE) and Low-Density Polyethylene Pipes (LDPE), fittings and accessories serving networks of various projects such as: irrigation, water, gas, sewage and telecom. The company’s products meet the requirements of networks including water (potable, non-potable), different types of sewage lines, saline water desalination lines, oil, gas and telecommunications lines, firefighting systems, and cable protection pipe systems.
Basic Information
Country | Saudi Arabia |
Ownership Type: | Joint Stock |
Establishment Date: | 1980 |
Commercial Register: | 1131002483 |
Website: | www.alwasail.com |
Jalal@alwasail.com | |
Phone | +966 16 381 6658 |
Fax | +966 16 381 1203 |
Address | Omar Ibn Al-Khattab Road - Al-Nahda District - Buraydah 51411 |
PO Box | 124 |
Financials Highlights (M )
Trading Data
Stock Market : | NOMU |
Fiscal Year End : | December |
Free Float (M) : | 74.18 |
Free Float % : | 29.67 |
3M Average Volume : | 229,404 |
3M Average Transactions : | 56 |
Change(12M) % : | 20.69 |
Major Shareholders
Name | Number of Shares (M) | Holding |
---|---|---|
Saleh A. Al-Mushaikh | 38.40 | 15.36 % |
Nasser A. Al-Mushaiqah | 34.18 | 13.67 % |
AbdulRahman A. Al-Mushaiqah | 33.20 | 13.28 % |
Abdulaziz A. Al-Mushaikh | 31.18 | 12.47 % |
AbdulQadir A. Al-Mushaiqah | 30.83 | 12.33 % |