Al Hassan Ghazi Ibrahim Shaker (SHAKER) News - Mubasher Info
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Al Hassan Ghazi Ibrahim Shaker (1214)

Last update: 12:16 PM market time.
28.65
1.85
6.90%
Open 28.45
Previous Close 26.80
High 29.20
Low 28.45
Stock Statistics
Volume 363,706
Turnover 10,521,520.00
All data are 15 minutes late during market session

News

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29 July 11:50 AM Shaker Group’s net profit rises 9% YoY in H1-24
Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) reported a 9.04% year-on-year (YoY) growth in net profit to SAR 48.69 million from SAR 44.65 million. The company’s revenue rose by 15.96% YoY to SAR 758.38 million in H1-24 …
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12 May 03:08 PM Shaker Group’s net profit rises 12% YoY in Q1-24
Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) logged a 12.08% year-on-year (YoY) increase in net profit to SAR 32.24 million in the first quarter (Q1) of 2024 from SAR 28.77 million. Revenues grew by 19.24% YoY to SAR …
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27 February 05:56 PM Shaker Group’s net profit soars 99% YoY in 2023
Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) recorded a 99.28% year-on-year (YoY) surge in net profit to SAR 65.42 million in 2023 from SAR 32.83 million. Revenues grew by 19.19% YoY to SAR 1.23 billion last year from …
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13 February 09:51 AM CMA greenlights Shaker Group’s capital increase
Riyadh – Mubasher: The Capital Market Authority (CMA) approved Al Hassan Ghazi Ibrahim Shaker Company’s (Shaker Group) capital hike by granting one bonus share for every 6.63 owned shares. The group will transfer SAR 72.66 million from the …
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5 November 2023 08:58 AM Shaker Group registers 76% leap in 9M-23 profits
Riyadh – Mubasher: The net profits after Zakat and tax of Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) hit SAR 61.43 million in the first nine months (9M) of 2023. The recorded net profits were higher by 75.83% than SAR 34.93 million in …
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7 March 2023 11:58 AM Shaker Group’s profits jump to SAR 33m in 2022
Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) recorded a net profit after Zakat and tax worth SAR 32.83 million in 2022, higher by 19.72% than SAR 27.42 million in 2021. The Saudi firm generated revenues worth SAR 1.03 …
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2 June 2022 05:27 PM Shaker Group appoints new Chairman, Vice Chairman
Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) has named Abdulelah bin Abdullah Abunayan as the new Chairman of the board for the coming three years. Shaker Group also appointed Musab bin Suleiman Al Muhaidib as the Vice …
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1 June 2022 05:52 PM CMA approves Shaker Group’s capital hike via rights issue
Riyadh – Mubasher: The Capital Market Authority (CMA) has given its green light to Al Hassan Ghazi Ibrahim Shaker Company’s (Shaker Group) request to increase its capital through a SAR 249 million rights issue. The CMA granted its approval after …
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23 May 2022 04:57 PM Shaker Group sees 48% higher profits in Q1-22
Riyadh – Mubasher: The net profits after Zakat and tax of Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) jumped by 47.93% to SAR 14.47 million in the first quarter (Q1) of 2022, compared to SAR 9.78 million in the year-ago period. The …
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17 May 2022 06:54 PM Shaker Group's shareholders nod to 23% capital cut
Riyadh – Mubasher: The shareholders of Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) have approved the board's recommendation to reduce its capital from SAR 630 million to SAR 482.33 million. The Saudi company will decrease its capital by …
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16 March 2022 05:05 PM Shaker Group logs SAR 28m net profits in 2021
Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) has registered net profits after Zakat and tax worth SAR 27.95 million in 2021, a year-on-year (YoY) jump of 248.44% from SAR 8.02 million. The revenues went up 16.48%, …
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10 November 2021 06:39 PM Shaker Group amends capital cut value
Riyadh – Mubasher: The board of Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) has changed its recommendation of reducing the capital to stand at SAR 482.33 million instead of SAR 472.5 million. Shaker Group plans to cancel 14.76 million …
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2 November 2021 05:04 PM Shaker Group’s 9M net profits leap 317%
Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) achieved net profits after Zakat and tax worth SAR 27.64 million during the first nine months of 2021, a year-on-year (YoY) jump of 317% from SAR 6.62 million. Earnings per …
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19 September 2021 04:38 PM Shaker Group’s board proposes capital cut, raise
Riyadh – Mubasher: The board of Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group) has recommended a 25% capital reduction by cancelling one share for every four owned shares, according to a bourse disclosure on Sunday. Shaker Group will cut …
Shaker Group is the sole agent of LG Air Conditioners in Saudi Arabia.
21 January 2021 03:35 PM Shaker Group enjoys strong position to achieve growth in 2021 - Interview
Riyadh - Mubasher: Acting CEO of Saudi Al Hassan Ghazi Ibrahim Shaker Co, Mohammad Ibrahim Abunayyan, said he is still confident his company will maintain growth in 2021. In an interview with Mubasher, Abunayyan said Shaker Group has taken serious …
Shaker Group Head Office - Riyadh
18 November 2020 04:13 PM Shaker Group appoints acting CEO
Riyadh - Mubasher: The board of Al Hassan Ghazi Ibrahim Shaker Co has approved by circulation not to renew the contract of Azzam Saud Almudaiheem as the company’s CEO as of 18 November 2020, based on his request. The step comes as Almudaiheem …
Shaker Group's Head Office in Riyadh
18 August 2020 04:17 PM Shaker Group returns to profits in H1-20
Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker Co recorded a net profit of SAR 1.79 million in the first half (H1) of 2020, against a net loss of SAR 38.68 million in H1-19. The Saudi importer, manufacturer, and distributor of air conditioners …
Shaker Group Head Office - Riyadh
18 June 2020 05:08 PM Shaker Group reduces Q1-20 losses 88.5%
Riyadh - Mubasher: Al Hassan Ghazi Ibrahim Shaker Co achieved an annual net loss reduction of 88.5% to SAR 3.3 million during the first quarter (Q1) of 2020. The Saudi importer, manufacturer, and distributor of air conditioners and home appliances …
Revenues of the Saudi firm jumped by 42.45% to SAR 247.8 million in Q3-19
6 November 2019 04:38 PM Saudi Shaker narrows losses by 86% in 3M
Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker Company reported an 85.6% year-on-year drop in its net losses for the third quarter of 2019, recording SAR 6.65 million. Revenues of the Saudi firm jumped by 42.45% to SAR 247.8 million in Q3-19, …
Shaker plans to retrofit more than 250,000 existing government buildings
17 October 2019 02:10 PM Shaker Group continues to increase efficiency via Turnaround Programme – Interview
By: Mahmoud Salah El-Deen Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker is competing over more than 250,000 existing government buildings, in addition participating in some of KSA’s strategic projects, Azzam Saud Almudaiheem, CEO of Shaker, …
7 August 2019 11:12 AM Saudi Shaker cuts Q2 losses by 74%
Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker Company (Shaker) posted its interim financial statements for the second quarter of 2019. Net losses after zakat and tax fell by 74.4% to SAR 9.9 million in Q2-19, compared to SAR 38.9 million in …
Net losses, after zakat and tax, stood at SAR 27.39 million in Q1-19
8 May 2019 10:25 AM Shaker’s loss deepens 33% in Q1
Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker (Shaker) posted a 33.2% year-on-year increase in its losses during the first quarter of 2019. Net losses, after zakat and tax, stood at SAR 27.39 million in Q1-19, compared to SAR 20.55 million in …
Shaker’s losses grew 9.9% year-on-year in Q4-18
27 March 2019 06:01 PM Saudi Shaker’s loss rises 15% in 2018
Riyadh – Mubasher: Al Hassan Ghazi Ibrahim Shaker Company (Shaker) reported a 14.9% year-on-year loss increase in 2018. The Saudi-based firm’s losses amounted to SAR 197.42 million ($52.64 million) last year, compared to SAR 169.79 million …
The firm attributed the fall of third-quarter losses to an improvement in profit margin
6 November 2018 11:30 AM Shaker Group’s losses fall 9% in Q3
Riyadh – Mubasher: Saudi Arabia-based Al Hassan Ghazi Ibrahim Shaker Company (Shaker) on Tuesday reported 8.6% year-on-year decline in its losses in the third quarter of 2018. Shaker’s losses after calculating Zakat and Tax amounted to SAR 44.92 …
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2 August 2018 06:16 PM Shaker widens losses by 74% in Q2
Riyadh - Mubasher: Shaker Group reported an increase in losses during the second quarter of the year by 73.7% year-on-year. Net losses amounted to SAR 36.6 million during Q2-18, compared with SAR 21.1 million for the same period last year. As for …