Nass Corporation BSC (NASS) News - Mubasher Info
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Nass Corporation BSC (NASS)

Last update: 26 March 11:07 AM market time.
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Volume 355,000
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All data are 15 minutes late during market session

News

Loss per share reached 3.31 fils in Q1-19
14 May 2019 11:20 PM Nass Corporation turns to loss in Q1
Mubasher: Nass Corporation turned to loss during the first quarter of 2019, recording BHD 711,000 ($1.88 million) Loss per share reached 3.31 fils in Q1-19 versus 2.37 fils in the year-ago period, according to a bourse statement released on …
NBB is forecast to widen its profits by 14% on an annual basis
16 October 2017 05:30 PM SICO expects Bahraini firm to solely post lower Q3 profits
Mubasher: Securities & Investment Company (SICO) has forecast that Nass Corporation will be the only Bahraini company to register profits lower by 6% on an annual basis to BHD 800,000 during the third quarter of 2017. SICO expected the profits of …
Photo Credit: Company Website
27 March 2017 02:29 PM NASS to distribute dividends at 5fils/shr
Mubasher: The general assembly of Nass Corporation has approved the distribution of cash dividends to shareholders for 2016 at 5 fils per share or 5% of capital, according to a bourse filing. Dividends total value amount to BHD 1.08 million, the …
Photo Credit: Arabianeye-Reuters
20 March 2017 00:21 PM Nass to carry out $74.36m projects
Mubasher: Nass Corporation received a letter of notification for establishing four projects with an overall value of BHD 28.889 million or $74.36 million. Three of the projects are allocated for Alba, with an overall value of BHD 1.14 million, BHD …
Photo Credit: Arabianeye-Reuters
9 March 2017 11:06 AM Nass to discuss proposed dividends late March
Mubasher: Nass Corporation will hold its ordinary general meeting (OGM) on Wednesday, 27 March, to consider the board’s recommendation of distributing 5% cash dividends. The Bahraini company’s board proposed a payout of 5 fils per share, with a …
Photo Credit: Mubasher
27 February 2017 11:16 AM Nass suffers losses in Q4; dividends proposed
Mubasher: Nass Corporation suffered losses of BHD 952,000 ($2.4 million) in the fourth quarter of 2016 against BHD 1.195 million ($3.1 million) worth profits in the corresponding period of 2015. During fiscal year 2016, Nass recorded a growth of …
Photo Credit: Company Website
14 December 2016 06:15 PM Nass to create new BHD50,000 subsidiary
Mubasher: The Extraordinary General Meeting (EGM) of Nass Corporation approved on Wednesday establishing and registering a new subsidiary under the name of Remal and a capital of BHD 50,000. According to Nass statement to the Bahrain Bourse, …
Nass awarded BHD 25.17m projects
6 December 2016 11:08 AM Nass awarded BHD 25.17m projects
Mubasher: Nass Corporation said its subsidiary - Nass Contracting Co. was awarded contracts of two projects worth BHD 25.17 million. The first project is the construction and completion of non-branded residential building - Marassi AL Bahrain that …
Net profit for the first nine months of 2016 amounted to BHD 4.51 million (Photo credit: Company's website)
14 November 2016 10:32 AM Nass Corporation Q3 profits up 82%
Mubasher: Nass Corporation’s net profit for the third quarter of the fiscal year 2016 rose by 81.62% to BHD 939,000 ($2.41 million), versus BHD 517,000 ($1.33 million) for Q3-15. Net profit for the first nine months of 2016 amounted to BHD 4.51 …
Total revenues leapt by 8.5% to BHD 28.33 million in Q2-16 (Photo credit: Company's website)
11 August 2016 03:07 PM Nass’ Q2 earnings up 164%
Mubasher: Nass Corporation earnings grew in the second quarter of the fiscal year 2016 by 164% to BHD 1.7 million ($4.48 million), compared to BHD 644,000 ($1.7 million) in Q2-15. Total revenues leapt by 8.5% to BHD 28.33 million in Q2-16 from BHD …
Photo Credit: Arabianeye - Reuters
21 March 2016 02:35 PM NASS’ shareholders agree to distribute 5% cash dividends for FY15
Mubasher: NASS Corporation’s ordinary general meeting (OGM) agreed Monday on distributing cash dividends at 5% of the company’s capital or 5 fils per share for the fiscal year 2015, totalling BHD 1.08 million ($2.86 million). The company is …
Photo Archive
24 February 2016 04:30 PM NASS Q4 profits soar 200%; dividends proposed
Mubasher: NASS Corporation posted on Wednesday an increase in net profit for the last quarter of 2015 by 200% to BHD900,000 ($2.4 million), compared to BHD300,000 ($801.2 million) in the previous year, according to the company’s statement to …
Archive photo: Mabanee Website
14 January 2016 04:22 PM Mabanee says Avenues-Bahrain project delayed on design changes
Kuwait-Mubasher: Mabanee Company said that the execution of Avenues-Bahrain project has been delayed due to changes in the project’s designs, according to a Thursday filing. It noted that no further investments were added by the subsidiary …
Photo Credit: Arabianeye-Reuters
15 December 2015 00:29 PM Bahrain’s Nass to review financials late February
Nass Corporation will hold a board meeting on 24 February to discuss the financial statements for 2015. The Bahraini company has posted BHD 1.8 million ($4.8 million) profits in the first nine months of 2015 as compared to BHD 3.8 million ($10 …
Photo Credit: Arabianeye - Reuters
11 November 2015 04:25 PM Bahrain’s NASS 9M profit more than halves
Mubasher: Bahrain-based NASS Corporation posted on Wednesday a 52% fall in net profits for the first nine months of 2015 to BHD 1.8 million ($4.8 million), compared with BHD 3.8 million ($10 million) in the prior-year period. The company’s …
Photo Credit: Arabianeye-Reuters
16 September 2015 05:02 PM NASS to discuss Q3 financials 11 November
Mubasher: NASS Corporation will convene a board meeting on 11 November to review financial statements for the period ending 30 September 2015. The Bahrain-listed company posted net earnings of BHD 1.31 million ($3.45 million) for the first half of …
Photo Credit: Arabianeye - Reuters
12 August 2015 09:47 AM Nass Corporation H1 profit slumps 58%
Mubasher: Nass Corporation posted a 57.7% fall in net profit for the first half of 2015 to BHD 1.31 million ($3.45 million), down from BHD 3.1 million ($8.16 million). The company’s half-year results were hurt by cost of revenues that rose to BHD …
Photo Credit: Arabianeye-Reuters
30 June 2015 09:36 AM Bahrain’s Nass wins BHD 46.8m road contract
  Bahrain – Mubasher: Nass Contracting Co., a subsidiary of Nass Corporation, announced winning an award to develop Sheikh Jaber Al Ahmed Al Subah highway in a contract worth BHD 46.8 million, the company revealed in a bourse filing. The company …
Photo Credit: Arabianeye-Reuters
21 June 2015 00:07 PM Nass Corporation to review Q2 financials in August
Nass Corporation will hold a meeting on 11 August to consider the financial statements of the second quarter ended 30 June, 2015. Nass reported earnings worth about BHD 668,000 ($1.76 million) in Q1-15 as compared to BHD 1.73 million ($4.56 …
Photo Credit: Arabianeye - Reuters
12 May 2015 03:28 PM Bahrain’s NASS posts 61% fall in Q1 profits
Manama – Mubasher: Bahrain-listed NASS Corporation posted a 61.5% drop in net profits for the first quarter of 2015 to BHD 668,000 ($1.76 million), compared with BHD 1.730 million ($4.56 million) in the same period a year earlier.Meanwhile, the …
Photo Credit: Arabianeye-Reuters
19 March 2015 02:02 PM Nass shareholders OK 15 fils/shr dividend
Bahrain-Mubasher: Nass Corporation said its ordinary general meeting approved cash dividend at 15% of capital, or 15 fils per share.Net earnings for the fiscal year 2014 reached BHD 4.34 million ($11.48 million), rising 1.9% compared with BHD 4.26 …
Photo Credit: Arabianeye-Reuters
26 February 2015 04:03 PM Nass profit rises to BHD4.3m in 2014
Manama – Mubasher: Nass Corporation BSC announced, in a filing to Bahrain Bourse, it posted 2% growth in FY14 net profit to BHD 4.34 million ($11.48 million), compared with BHD 4.26 million ($11.2 million) a year earlier.The company had generated …
13 November 2014 10:56 AM Nass profit rises 11.7% in 9M
Nass Corporation announced its financials in a statement to Bahrain Bourse (BB), reporting a profit rise by 11.7% to BHD 3.8 million or $10 million during the first nine months of 2014, compared to BHD 3.4 million or …