| Market: Tadawul | Symbol: 4030 | ISIN:SA0007870054 | Industry: Energy |
The National Shipping Company of Saudi Arabia (Bahri) was formed by a Royal Decree in the year 1978 as a Public Company, 22.55% ownership held by the Public Investment Fund "PIF" of the Saudi Government, 20% by Saudi Aramco Development Company and the remaining is widely held in public shares by Saudi Nationals.
Bahri has grown from a small shipping firm operating multipurpose vessels to become one of the biggest shipping conglomerates in the world and occupies a pre-eminent position among its industry peers at national, regional, and international levels in all sectors of its business operations. It is the first national carrier, having celebrated its Silver Jubilee in the year 2004, and has generated a strong VIP customer base.
During the course of its diversification, the Company's services have been expanded to include transportation of Oil, General Cargo, Chemicals, and Dry Bulk. Having started off its operations for transporting general cargo and containers initially, the company with its commendable track record, has established the reputation of providing high standard of services to its customers in all sectors.
| Currency | SAR |
| Previous Close | 27.75 |
| Change (%) | 0.91 |
| 52 Weeks High | 28.45 |
| Volume | 670,810 |
| Number of Shares (mil) | 738 |
| Market Cap(mil) | 20,487 |
| 52 Weeks Low | 20.47 |
* The Board of Directors recommended in its meeting held on 14 March 2023 to the General Assembly of the Company the distribution of cash dividends of SAR 246 million to the shareholders for the financial year ended 31 December 2022 amounting to SAR 0.5 per share. The General Assembly had approved the recommendation in its meeting held on 19 June 2023. These dividends have been paid on 16 July 2023.
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