Saudi Ceramic Co (2040)

Riyadh – Mubasher: Saudi Ceramic Company swung to a loss in 2023, recording a net loss of SAR 210.35 million, against a net profit of SAR 173.92 million a year earlier. Revenues shrank 11.45% YoY to SAR 1.31 billion last year from SAR 1.48 …

Riyadh – Mubasher: Saudi Ceramic Company has extended the term of a preliminary non-binding agreement with Eczacıbaşı Yapı Gereçleri A.Ş (EYAP), a subsidiary of the Turkish Eczacıbaşı Group, until the end of 2024. Throughout the year, the two …

Riyadh – Mubasher: Saudi Ceramic Company shifted to net losses after Zakat and tax worth SAR 120.55 million in the first nine months (9M) of 2023, against net profits valued at SAR 132.03 million in 9M-22. Revenues hit SAR 933.58 million in 9M-23, …

Riyadh – Mubasher: Saudi Ceramics Company announced Majid bin Abdullah Al Issa’s resignation as its CEO, effective from 17 September 2023, according to a bourse disclosure. The board members accepted Al Issa’s resignation, on 4 September, and …

Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Ceramic Company hit SAR 48 million in the first half (H1) of 2023, down 46.22% from SAR 89.26 million in H1-22. The revenues declined by 15.38% year-on-year (YoY) to SAR 621.93 …

Riyadh – Mubasher: Saudi Ceramic Company logged net profits after Zakat and tax worth SAR 14.70 million in the first quarter (Q1) of 2023, an annual plunge of 71.33% from SAR 51.29 million. Revenues amounted to SAR 368.89 million in the …

Riyadh – Mubasher: Saudi Ceramic Company recorded a 25.61% year-on-year (YoY) drop in net profit after Zakat and tax to SAR 173.92 million in 2022, versus SAR 233.79 million. The firm generated revenues worth SAR 1.48 billion in 2022, a 3.25% YoY …

Riyadh – Mubasher: The board of  Saudi Ceramic Company approved on 21 February 2023 the distribution of SAR 39.98 million as cash dividends for the second half (H2) of 2022, according to a bourse filing. The firm will pay out a dividend of SAR …

Riyadh – Mubasher: Saudi Ceramic Company generated SAR 132.03 million in net profit after Zakat and tax during the first nine months (9M) of 2022, an annual plunge of 29.27% from SAR 186.67 million. Revenues declined by 4.76% year-on-year (YoY) to …

Riyadh – Mubasher: Saudi Ceramic Company achieved net profits after Zakat and tax worth SAR 89.26 million in the first half (H1) of 2022, a decrease of 33.40% from SAR 134.02 million in H1-21. The earnings per share declined to SAR 1.12 in the …

Riyadh – Mubasher: The board of Saudi Ceramic Company has approved a cash dividend distribution, equivalent to 5% of the capital, for the first half (H1) of 2022. The cash dividend payout stands at SAR 0.50 per share, aggregating at a total value …

Riyadh – Mubasher: Saudi Ceramic Company has appointed Yousuf bin Saleh Aba Al - Khail as its the new Chairman of the board for the coming three years. The company also named AbdulAziz Abdulkarim Al - Akhuraiji as the Vice Chairman, according to a …

Riyadh – Mubasher: Saudi Ceramic Company recorded a 200.89% year-on-year (YoY) increase in net profits after Zakat and tax to SAR 233.79 million in 2021, compared to SAR 77.7 million. The company's revenues rose by 1.23% to SAR 1.53 billion in …

Riyadh – Mubasher: Saudi Ceramic Company recorded a leap of 275.9% in net profits after Zakat and tax to SAR 186.67 million in the January-September 2021 period from SAR 49.65 million in the same period last year. Earnings per share stood at SAR …

Riyadh – Mubasher: Saudi Ceramic Company reported an annual jump of 679% in net profit after Zakat and tax to SAR 134.02 million in the first half (H1) of 2021 from SAR 17.19 million in H1-20. Earnings per share stood at SAR 1.68 in H1-21, …

Riyadh – Mubasher: Saudi Ceramic Company will distribute SAR 0.75 per share, accounting for 7.5% of the share’s par value, as a cash dividend for the first half (H1) of 2021. The total value of the dividends will stand at SAR 59.81 million for …

Riyadh – Mubasher: The Saudi Ceramic Company has obtained a Sharia-compliant Murabaha financing worth SAR 592 million from the Saudi British Bank and Bank Saudi Fransi on 15 July. The company aims to refinance existing loans through the Murabaha …

Riyadh – Mubasher: Saudi Ceramic Company has signed an agreement on 14 July to purchase a land plot for SAR 55.9 million, excluding real estate tax. The asset spans an area of 111,827 square metres and is located in the new industrial area in …

Riyadh – Mubasher: The Capital Market Authority (CMA) has approved Saudi Ceramic Company’s request to increase its capital from SAR 600 million to SAR 800 million through issuing one bonus share for every three existing shares.   The increase will …

Riyadh – Mubasher: Saudi Ceramic Company’s net profits for 2020 surged by 986.7% on a yearly basis, reaching SAR 77.7 million from SAR 7.15 million in 2019. This surge in annual profit was boosted by higher revenues from improvement in sales and …

Riyadh – Mubasher: Saudi Ceramic Company’s board of directors recommended raising the company’s capital by 33.3% through granting bonus shares. Hence, the company’s capital will be increased to SAR 800 million from SAR 600 million through …

Riyadh – Mubasher: Saudi Ceramic Company’s net earnings dropped by 5.9% yearly during the third quarter (Q3) of 2020, hitting SAR 32.461 million from SAR 34.494 million in the year-ago quarter. Revenues totalled SAR 373.1 million in the …

Riyadh – Mubasher: Saudi Ceramic Company turned to profitability in the second quarter (Q2) of 2020, achieving net earnings of SAR 6.56 million, against net losses of SAR 16.10 million in the corresponding quarter in 2019. The turn to profits was …

Riyadh – Mubasher: Saudi Ceramic Company has received a letter of apology from Elkhereiji Real Estate Co for the cancellation of a planned purchase of a property owned by the first worth SAR 26 million. Elkhereiji said that it cannot buy the …

Riyadh – Mubasher: Saudi Ceramic Company announced that its board of directors has approved the resignation of Abdulkareem bin Ibrahim Al Nafea as a managing director while retaining his role of chairman and member of the executive committee. The …