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4 centuries from now City Cement logs SAR 129m profits in 2025; dividends for H2 unveiled
Riyadh - Mubasher: The net profits attributable to the owners of City Cement Company fell by 10.54% to SAR 128.92 million in 2025 from SAR 144.11 million a year earlier. The company posted revenues amounting to SAR 519.63 million last year, down …
Saudi Exchange (Tadawul)
12 August 07:38 PM Tadawul suspends trading of certain companies over financial disclosure delays
Riyadh — Mubasher: The Saudi Exchange (Tadawul) announced the suspension of trading for four listed companies today after they failed to publish their financial statements for the period ended on 30 June 2026 within the statutory timeframe. The …
Photo Archive
12 August 01:56 PM AMAK appoints new independent director
Riyadh – Mubasher: Almasane Alkobra Mining Company (AMAK) announced  the resignation of non-executive member Majed Ali bin Muslim, effective 10 August 2026. The company stated the resignation was submitted to enhance corporate governance practices …
Photo Archive
12 August 01:37 PM AMAK names Managing Director following CEO departure
Riyadh – Mubasher: The board of Almasane Alkobra Mining Company (AMAK) approved the consensual termination of the contractual relationship with CEO Geoffrey Macdonald Day. The decision, reached during a board meeting held on 10 August 2026, will …
Photo Archive
12 August 01:33 PM Chemanol nods for external auditor appointment
Riyadh – Mubasher: Methanol Chemicals Company (Chemanol) announced the results of its ordinary general meeting (OGM) held on 6 August 2026, where shareholders approved the external auditor’s report for 2025. The auditor's report was passed with a …
Photo Archive
12 August 01:14 PM Bena Steel Industries opens nominations for new board term
Riyadh — Mubasher: Bena Steel Industries Company announced the opening of nominations for its board of directors for the upcoming four-year term, according to a bourse filing. The company is seeking candidates for four board seats to serve during …
Photo Archive
12 August 01:10 PM ASG Plastic Factory records 94% jump in Q2-26 net profit
Riyadh — Mubasher: ASG Plastic Factory Company reported a 93.85% year-on-year (YoY) surge in net profit for the second quarter (Q2) of 2026. Earnings reached SAR 13.18 million in April-June 2026 compared to SAR 6.80 million during the same period …
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12 August 09:24 AM SENAAT posts higher profits at SAR 54m in H1-26
Riyadh – Mubasher: Advanced Building Industries Company (SENAAT) registered SAR 54.18 million in net profit during the first half (H1) of 2026, an annual leap of 45.66% from the SAR 37.20 million. The company achieved this growth despite a 7.13% …
Photo Archive
12 August 09:17 AM Chemanol faces trading suspension over delayed financial results
Riyadh – Mubasher: Methanol Chemicals Company (Chemanol) announced it is unable to publish its interim financial results for the period that ended on 30 June 2026, within the specified regulatory timeframe. The delay is primarily attributed to the …
Photo Archive
12 August 08:22 AM Takween sees 49% higher revenues in H1-26; accumulated losses reach 73.5% of capital
Riyadh - Mubasher: Takween Advanced Industries Company announced a net loss of SAR 62.19 million for the first half (H1) of 2026, an annual hike of 74.85% from SAR 35.57 million. The company attributed the deeper loss to higher administrative, …
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12 August 08:17 AM Tabuk Cement’s net profits shrink 96.5% in Q2-26 on lower demand, fuel costs
Riyadh – Mubasher: Tabuk Cement Company witnessed 96.39% year-on-year (YoY) decline in net profit for the second quarter (Q2) of 2026, falling to SAR 510,000 from SAR 14.13 million. The company attributed the performance to lower cement demand …
Photo Archive
11 August 05:41 PM Aqaseem announces resignation of committee Member
Riyadh — Mubasher: Aqaseem Factory for Chemicals and Plastics Company announced that its board of directors approved the resignation of Anas Saleh Aba Al Khail from the Nomination and Remuneration Committee on 5 August 2026. The company did not …
Photo Archive
11 August 02:15 PM Qassim Cement unveils SAR 88m cash dividends for Q2-26
Riyadh – Mubasher: Qassim Cement Company’s board of directors has approved a cash dividend distribution of SAR 87.81 million for the second quarter (Q2) of 2026. The payout will be distributed across 109.76 million eligible shares, according to a …
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11 August 01:43 PM Maadaniyah suffers 63% lower losses in Q2-26; accumulated losses unveiled
Riyadh – Mubasher: The losses of National Metal Manufacturing and Casting Company (Maadaniyah) retreated by 62.96% year-on-year (YoY) to net loss of SAR 2 million in the second quarter (Q2) of 2026 from the SAR 5.40 million. The reduction in …
Aqaseem Factory for Chemicals and Plastic Company
11 August 01:13 PM Aqaseem announces board member resignation
Riyadh — Mubasher: Aqaseem Factory for Chemicals and Plastics Company announced that its board of directors has approved the resignation of independent board member Anas Saleh Aba Al Khail, according to a bourse filing. The resignation was …
Photo Archive
11 August 12:04 PM Najran Cement records 45% YoY lower profits in H1-26
Riyadh – Mubasher: Najran Cement Company logged net profits totaling SAR 11.96 million for the first half (H1) of 2026, marking a 44.92% decrease from the SAR 21.71 million in H1-25. The company attributed the decline to a drop in average selling …
Photo Archive
11 August 09:58 AM Southern Province Cement’s net profits skyrocket 700% in Q2-26
Riyadh - Mubasher: Southern Province Cement Company generated 700% year-on-year (YoY) higher net profits at SAR 24 million for the second quarter (Q2) of 2026, compared to SAR 3 million. The company attributed the profit growth to higher sales …
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11 August 09:33 AM MEPCO’s net profits climb 26% in H1-26
Riyadh – Mubasher: Middle East Paper Company (MEPCO) logged a net profit of SAR 15.29 million for the second quarter (Q2) of 2026, representing a 192.61% hike compared to SAR 5.23 million in the same period last year. The company attributed the …
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11 August 09:19 AM Luberef extends Jeddah facility lease agreement with Saudi Aramco
Riyadh – Mubasher: Saudi Aramco Base Oil Company (Luberef) announced the extension of its utility services sale agreement with Saudi Oil Company (Aramco), which includes the land lease for the company’s facility in Jeddah. The extension, signed on …
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10 August 06:53 PM Petrol Naas signs 20-year agreement for Al Kharj petrochemical plant
Riyadh — Mubasher: Naas Petrol Factory Company (Petrol Naas) unveiled the signing of a long-term lease agreement with the Saudi Authority for Industrial Cities and Technology Zones (MODON) to establish a new petrochemical production facility. The …
Photo Archive
10 August 04:48 PM Watani Iron Steel swings to over SAR 23m net profit in Q2-26
Riyadh — Mubasher: Watani Iron Steel Company reported a net profit of SAR 23.45 million for the second quarter (Q2) of 2026, reversing a net loss of SAR 1.76 million recorded during the same period in 2025. The company attributed the turnaround to …
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10 August 04:29 PM Molan Steel to pursue reverse stock split following recent notification
Riyadh — Mubasher: Molan Steel Company recently announced it had received a notification from the Saudi Exchange (Tadawul) on 3 August 2026 regarding its average closing share price falling below the minimum required threshold. Under Paragraph (C) …
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10 August 08:41 AM City Cement’s board greenlights SAR 56m cash dividends for H1-26
Riyadh - Mubasher: City Cement Company’s board of directors has approved a cash dividend distribution totaling SAR 56 million for the first half (H1) of 2026. The payout will be funded from the company’s retained earnings, according to a bourse …
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10 August 08:02 AM Maaden logs SAR 19.7bn revenues in H1-26; profits up 10%
Riyadh – Mubasher: Saudi Arabian Mining Company (Maaden) recorded 13.19% year-on-year (YoY) higher net profits at SAR 2.18 billion in the second quarter (Q2) of 2026, compared to SAR 1.92 billion. The mining giant’s revenue for the quarter rose by …
Mohammed Hadi Al Rasheed & Partners Company
9 August 07:35 PM Al Rasheed discloses correction regarding recent SAB financing approval
Riyadh — Mubasher: Mohammed Hadi Al Rasheed & Partners Company recently issued a corrective disclosure regarding its recent procurement of Sharia-compliant banking facilities from Saudi Awwal Bank (SAB). The company clarified that a clerical error …