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21 February 12:36 PM Thoub Al Aseel to pay SAR 40m dividends for H2-23
Riyadh - Mubasher: Thob Al Aseel Company unveiled cash dividends valued at SAR 40 million for the Second half (H2) of 2023, representing 10% of its capital. A total of 400 million eligible shareholders will receive SAR 0.10 per share, according to …
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15 November 2023 00:18 PM Naseej International’s net profits drop 43% in 9M-23; firm shifts to profits in Q3
Riyadh – Mubasher:  Naseej International Trading Company recorded a net profit of SAR 5.80 million in the first nine months (9M) of 2023, down by 43.35% year-on-year (YoY) from SAR 10.24 million. The earnings per share (EPS) also dropped to SAR …
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13 November 2023 04:51 PM SIDC’s net losses widen in 9M-23; accumulated losses unveiled
Riyadh – Mubasher: Saudi Industrial Development Company (SIDC) recorded net losses after Zakat and tax worth SAR 21.83 million in the first nine months (9M) of 2023, a 14.65% year-on-year (YoY) rise from SAR 19.04 million in the same period of …
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12 November 2023 11:03 AM Al Abdullatif Industrial suffers higher losses in 9M-23; accumulated losses reported
Riyadh – Mubasher: The net losses after Zakat and tax of Al Abdullatif Industrial Investment Company hiked by 105.78% to SAR 64.06 million in the first nine months (9M) of 2023 from SAR 31.13 million in 9M-22. Loss per share amounted to SAR 0.79 …
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8 November 2023 06:48 PM Lazurde’s net profit rises 38.5% in 9M-23
Riyadh – Mubasher: Lazurde Company for Jewelry posted a net profit after Zakat and tax of SAR 43.50 million in the first nine months (9M) of 2023, up by 38.53% from SAR 31.40 million in the same period of 2022. The earnings per share (EPS) …
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15 October 2023 03:37 PM CMA greenlights capital changes for 2 firms
Riyadh – Mubasher: The Capital Market Authority (CMA) approved the requests of Naseej International Trading Company and Nofoth Food Products Company to increase their capital. Naseej International plans to raise its capital by a rights issue …
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20 August 2023 05:36 PM Fitaihi Holding posts 61.5% decline in H1-23 net profits
    Riyadh – Mubasher Fitaihi Holding Group generated net profits after Zakat and tax worth SAR 6.47 million in the first half (H1) of 2023, lower by 61.52% than SAR 16.84 million in H1-22. Revenues plummeted by 32.13% year-on-year (YoY) to SAR …
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16 August 2023 04:16 PM Al Abdullatif Industrial’s net losses in H1-23 deepen 155.5%; accumulated losses hit 8%
Riyadh – Mubasher: Al Abdullatif Industrial Investment Company incurred net losses after Zakat and tax worth SAR 39.76 million in the first half (H1) of 2023, an increase of 155.53% from SAR 15.56 million in H1-22. The loss per share widened to …
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24 May 2023 09:38 AM Al Abdullatif Industrial unveils SAR 20m losses in Q1-23, accumulated losses
Riyadh – Mubasher: Al Abdullatif Industrial Investment Company reported net losses after Zakat and tax valued at SAR 20 million in the first quarter (Q1) of 2023, up from 65.15% from SAR 12.11 million in Q1-22. The Saudi firm posted an annual drop …
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21 May 2023 09:54 AM Lazurde’s Q1-23 profits skyrocket over 329.5% on quarterly basis
Riyadh – Mubasher: The net profits after Zakat and tax of Lazurde Company for Jewelry amounted to SAR 11.60 million during the first quarter (Q1) of 2023. The recorded net profits were lower by 15.33% year-on-year (YoY) than SAR 13.70 million, …
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30 March 2023 02:40 PM Al Abdullatif Industrial suffers higher losses in 2022; accumulated losses unveiled
Riyadh – Mubasher: The net losses after Zakat and tax of Al Abdullatif Industrial Investment Company hit SAR 57.87 million in 2022, higher by 21.19% year-on-year (YoY) than SAR 47.75 million. Revenues edged up by 0.93% to SAR 647.50 million last …
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26 March 2023 03:36 PM Lazurde logs over SAR 34m profits in 2022; dividends recommended
Riyadh – Mubasher: Lazurde Company for Jewelry witnessed net profits after Zakat and tax worth SAR 34.20 million in 2022, an annual increase of 55.45% from SAR 22 million. Revenues amounted to SAR 1.99 billion as of 31 December 2022, up 1.43% …
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2 January 2023 04:32 PM Fitaihi Holding’s board recommends SAR 11m dividends for 2022
Riyadh – Mubasher: The board of Fitaihi Holding Group suggested cash dividends distribution worth SAR 11 million for 2022, according to a bourse disclosure. The Saudi firm would disburse SAR 0.40 per share, representing 4% of the share nominal …
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9 November 2022 02:03 PM Al Abdullatif Industrial’s losses deepen 213% in 9M-22 interim financials
Riyadh – Mubasher: Al Abdullatif Industrial Investment Company registered net losses after Zakat and tax worth SAR 31.13 million in the first nine months (9M) of 2022, an annual hike of 212.86% from SAR 9.95 million. The Saudi firm posted a 6.79% …
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6 November 2022 04:31 PM Lazurde sees 20.77% higher profits in 9M-22
Riyadh – Mubasher: Lazurde Company for Jewelry has achieved a year-on-year (YoY) rise of  20.77% in its net profit after Zakat and tax during the first nine months (9M) of 2022 at SAR 31.40 million, compared to SAR 26 million. Earnings per share …
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13 September 2022 09:56 PM Naseej International eyes 109m capital raise via rights issue
Riyadh – Mubasher: The board of Naseej International Trading Company has suggested to increase its capital through a SAR 108.97 million rights issue, according to a bourse filing. Subject to the approval of the extraordinary general meeting (EGM), …
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25 August 2022 00:39 AM Al Abdullatif Industrial turns to SAR 15.5m losses in H1-22
Riyadh – Mubasher: Al Abdullatif Industrial Investment Company incurred net losses after Zakat and tax worth SAR 15.56 million in the first half (H1) of 2022, versus net profits of SAR 640,000 in H1-21. Revenues totalled SAR 349.88 million during …
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16 August 2022 04:54 PM Lazurde’s profits jump to SAR 22m in H1-22 interim results
Riyadh – Mubasher: Lazurde Company for Jewelry posted a 21.98% growth in net profit after Zakat and tax to SAR 22.20 million during the first half (H1) of 2022, compared to SAR 18.20 million in H1-21. Revenues levelled up by 1.15% year-on-year …
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21 July 2022 03:25 PM Naseej International's shareholders nod to 48.5% capital cut
Riyadh – Mubasher: The shareholders of Naseej International Trading Company have approved the board's recommendation to reduce its capital by 48.51%. Naseej International will decrease its capital by cancelling 10.26 million ordinary shares, …
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3 July 2022 06:09 PM Lazurde to pay 2.5% of capital as dividends for 2021
Riyadh – Mubasher: The shareholders of Lazurde Company for Jewelry have approved a cash dividend distribution of SAR 0.25 per share for 2021. The listed firm will disburse a total of SAR 14.37 million, equivalent to 2.50% of the capital, according …
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3 July 2022 05:58 PM SIDC’s subdiairy signs agreement worth SAR 13m/year with Emdad
Riyadh – Mubasher: Global Marketing Company for Sleeping Systems (Sleep High), a subsidiary of Saudi Industrial Development Company (SIDC), has penned a deal with Emdad Logistics at an estimated annual value of SAR 12.65 million. Under the …
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23 May 2022 05:36 PM Al Abdullatif Industrial’s losses hike 176.5% in Q1-22 interim results
Riyadh – Mubasher: Al Abdullatif Industrial Investment Company has reported a 176.48% year-on-year (YoY) leap in net loss after Zakat and tax to SAR 12.11 million during the first quarter (Q1) of 2022 from SAR 4.38 million. The company registered …
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22 May 2022 09:41 AM Lazurde records 34% higher profits in Q1-22
Riyadh – Mubasher: The net profits after Zakat and tax of Lazurde Company for Jewelry jumped by 34.31% year-on-year (YoY) to SAR 13.70 million in the first quarter (Q1) of 2022 from SAR 10.20 million. The company's revenues amounted to SAR 614.50 …
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11 May 2022 05:51 PM CMA nods to Naseej International’s capital cut
Riyadh – Mubasher: The Capital Market Authority (CMA) has approved Naseej International Trading Company's request to reduce its capital from SAR 211.63 million to SAR 108.97 million. The new capital will be distributed over 10.89 million shares, …
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31 March 2022 04:23 PM Al Abdullatif Industrial suffers SAR 48m losses in 2021
Riyadh–Mubasher: Al Abdullatif Industrial Investment Company’s net losses after Zakat and tax enlarged by 92.30% to SAR 47.75 million in 2021, compared to SAR 24.83 million in 2020. The revenues reached SAR 641.52 million last year, a 37.63% …