TheScreener - Yanbu National Petrochemical Co. (2290) With a more favourable environment, YANBU NATIONAL PETRO improves to Slightly Positive

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With a more favourable environment, YANBU NATIONAL PETRO improves to Slightly Positive

YANBU NATIONAL PETRO (SA), a company active in the Commodity Chemicals industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 2 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date September 14, 2021, the closing price was SAR 67.70 and its potential was estimated at SAR 76.30.

15/09/2021 6 EN

Underlying

Yanbu National Petrochemical Co.

Yanbu National Petrochemicals Co SJSC is a Saudi Arabia-based joint stock company, which is engaged in the manufacture of petrochemical products. The Company's products include: Ethylene, Propylene, Mono Ethylene Glycol, Di Ethylene Glycol, Tri Ethylene Glycol, Polypropylene, Low Linear Density Polyethylene, High Density Polyethylene, Butene 1, Butene 2, Methyl Tertiary Butyl Ether (MTBE), Benzene and Toluene Xylene (TX). The Company's products are used for the textile and packaging industries, for pressure pipes, blown films and for injection molded articles, among others. Yanbu National Petrochemicals Co SJSC operates under one business segments, which is petrochemicals and sells its products to its majority shareholder. The Company's major shareholder is Saudi Basic Industries Corporation (SABIC).

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SA000A0HNF36 Saudi Stock Exchange Saudi Arabia

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TheScreener

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With a more favourable environment, YANBU NATIONAL PETRO improves to Slightly Positive

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An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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