Sector News

Riyadh – Mubasher: The net profit of CATRION Catering Holding Company, formerly known as Saudi Airlines Catering Company, grew 9.94% year-on-year (YoY) to SAR 282.65 million in 2023 from SAR 257.10 million. Revenues surged 17.37% YoY to SAR 2.13 …

Riyadh – Mubasher: The net loss of Saudi Printing and Packaging Company soared 1,334.92% year-on-year (YoY) to SAR 132.30 million in 2023 from SAR 9.22 million. Revenues dropped 22.09% YoY to SAR 779.16 million last year from SAR 1 billion, …

Riyadh – Mubasher: Tam Development Company inked an agreement valued at SAR 16.99 million with the Ministry of Hajj and Umrah, according to a bourse disclosure. The firm will provide the required consulting services along with digital solutions to …

Riyadh – Mubasher:  Mawarid Manpower Company achieved a net profit after Zakat and tax of SAR 67.54 million in the first nine months (9M) of 2023, up by 33.27% year-on-year (YoY) from SAR 50.68 million. Earnings per share (EPS) rose to SAR 4.50 in …

Riyadh – Mubasher: Tam Development Company has signed a SAR 15 million Sharia-compliant banking facilities agreement with Bank Aljazira. The company obtained the one-year financing on 12 November 2023 for the purpose of facilitating bank …

Riyadh – Mubasher: The net profits of CATRION Catering Holding Company, formerly known as Saudi Airlines Catering Company, reached SAR 213.20 million in the first nine months (9M) of 2023, a surge of 42.13% compared to SAR 150 million in 9M-22. …

Riyadh – Mubasher: The net profits of Sadr Logistics Company amounted to SAR 184,000 in the first nine months (9M) of 2023, shifting from a net loss of SAR 5.44 million in the same period of the previous year. The company’s revenues increased by …

Riyadh – Mubasher: Saudi Printing and Packaging Company reported net losses after Zakat and tax valued at SAR 57.35 million in the first nine months (9M) of 2023, an annual hike of 819.07% from SAR 6.24 million. Revenues plummeted by 20.93% to SAR …

Riyadh – Mubasher: Saudi Airlines Catering Company altered its name to Catering Holding Company, according to a bourse disclosure. Meanwhile, the company will trade on Tadawul under the name CATRION. This comes as part of the listed firm’s …

Riyadh – Mubasher: Saudi Airlines Catering Company changed its identity and logo as part of its growth plans to cope with the economic changes and competitive environment across the Kingdom and worldwide. The rebranding also comes within the …

Riyadh – Mubasher: Tam Development Company signed a SAR 25 million Sharia-compliant financing facility agreement with Saudi Awwal Bank (SAB) on 20 September 2023. The funding term is 12 months and the agreement is guaranteed by a promissory note …

Riyadh – Mubasher: The board of Sadr Logistics Company approved the construction of Sadr Park as a logistics services complex project at a cost of SAR 149 million. The project will be located in the Industrial Gate City in Riyadh and is expected …

Riyadh – Mubasher: National Environmental Recycling Company (Tadweer) appointed Abdulaziz Al Nafea as the Chairman of the board for the coming three years. The firm also announced Abdulmohsen Abdulaziz Al Fares as the Vice Chairman, according to a …

Riyadh – Mubasher: The Saudi Health Systems Company, an associate firm of Maharah Human Resources Company, was awarded a project contract valued at SAR 3.04 billion from the Saudi government. Saudi Health Systems Company will provide cooked meals …

Riyadh – Mubasher: Tam Development Company was awarded three deals at a combined value of SAR 45.12 million, according to bourse disclosures. The Tadawul-listed firm inked a project contract worth SAR 28.96 million with the Film Commission for 24 …

Riyadh – Mubasher: Maharah Human Resources Company announced the board’s decision to disburse cash dividends amounting to SAR 45 million, equivalent to 10% of its capital, for the first half (H1) of 2023. A dividend of SAR 1 per share will be …

Riyadh – Mubasher: Saudi Airlines Catering Company generated SAR 120.90 million in net profit after Zakat and tax during the first half (H1) of 2023, an annual leap of 53.43% from SAR 78.80 million. Revenues totalled SAR 1.01 billion in H1-23, …

Riyadh – Mubasher: The net losses after Zakat and tax of Saudi Printing and Packaging Company enlarged by 1,389% to SAR 35.44 million in the first half (H1) of 2023 from SAR 2.38 million in H1-22. Revenues stood at SAR 402.82 million during …

Riyadh - Mubasher: Waja Company, a multi-sector Saudi Joint-stock company, has signed a restoration and furnishing contract with Alkhorayef Water and Power Technologies Company, according to a bourse statement. The deal value stands at SAR 21.27 …

Riyadh – Mubasher: Tam Development Company announced cash dividends amounting to SAR 2.79 million for 2022.  The Saudi firm will disburse SAR 0.85 per share for fro 3.29 million eligible shares, according to a bourse disclosure. Meanwhile, the …

Riyadh – Mubasher: Saudi Airlines Catering Company and Red Sea Global (RSG) signed two agreements at an aggregated value of SAR 9 billion on 3 July. The first deal covers the building, operating, and transferring of a central production unit for …

Riyadh – Mubasher: Mawarid Manpower Company will begin the listing and trading of its shares on the Main Market of the Saudi Exchange (Tadawul) on Monday, 19 June. Tadawul pointed out that the stock will be trading at daily and static price …

Riyadh – Mubasher: The Saudi Exchange (Tadawul) announced that Tam Development will commence the listing and trading of its shares on the Parallel Market (Nomu) on Wednesday, 14 June 2023. Under the symbol 9570, the digital solutions consultancy …