Bawan Co (1302)

Riyadh – Mubasher: Bawan Company recorded an annual drop of 16.46% in net profit to SAR 136.04 million during January-December 2023, compared to SAR 162.85 million. The revenues inched down by 0.37% year-on-year (YoY) to SAR 3.35 billion in 2023 …

Riyadh – Mubasher: Bawan Company posted net profits after Zakat and tax valued at SAR 99.67 million in the first nine months (9M) of 2023, down 26.73% from SAR 133.02 million in 9M-22. Revenues declined by 0.47% to SAR 2.49 billion in 9M-23 from …

Riyadh – Mubasher: Bawan Company has sold its entire stake in Bina Industrial Investment Holding Company (Bina Holding), which represents the concrete industries sector for the listed firm, to Ahmad Al Osaimi for a total value of SAR 76.70 …

Riyadh – Mubasher: The net profits after Zakat and tax of Bawan Company amounted to SAR 34.53 million in the first quarter (Q1) of 2023, lower by 31.41% than SAR 50.34 million in Q1-22. The revenues declined by 0.63% YoY to SAR 944.41 million in …

Riyadh – Mubasher: Bawan Company achieved SAR 162.85 million in net profit after Zakat and tax in 2022, down 4.40% year-on-year (YoY) from SAR 170.34 million. Revenues hit SAR 3.63 billion in the January-December 2022 period, an annual rise of …

Riyadh – Mubasher: Bawan Company’s net profits after Zakat and tax grew by 5.80% to SAR 133.02 million in the first nine months (9M) of 2022, compared to SAR 125.73 million in 9M-21. Revenues surged by 12.74 year-on-year (YoY) to SAR 2.68 billion …

Riyadh – Mubasher: Bawan Company has named Abdullah Abdulatif Al Fozan as the new Chairman of the board for the next three years, according to a bourse disclosure on Tuesday. The Tadawul-listed firm also appointed Raed Ibrahim Almudaiheem and …

Riyadh – Mubasher: Bawan Company has appointed Mohammad bin Ahmad Al Balawi as the new CEO of the company. Al Balawi will officially assume his position on 1 July this year, according to a bourse disclosure on Tuesday. The new CEO holds a …

Riyadh – Mubasher: Bawan Company has logged net profits after Zakat and tax worth SAR 50.34 million in the first quarter (Q1) of 2022, higher by 20.79% than SAR 41.68 million from Q1-21. The company generated SAR 950.42 million in revenue in …

Riyadh – Mubasher: Bawan Company achieved an 88.91% year-on-year (YoY) surge in net profits after Zakat and tax to SAR 170.34 million in 2021 from SAR 90.16 million. Earnings per share stood at SAR 2.84 last year, compared to SAR 1.5 in 2020, …

Riyadh – Mubasher: The board of Bawan Company has approved, on 27 December, to distribute cash dividends worth SAR 45 million, representing 7.5% of the capital, for the second half (H2) of 2021. The company will pay a dividend of SAR 0.75 per …

Riyadh – Mubasher: Bawan Company announced a 38% annual rise in net profits after Zakat and tax to SAR 40.93 million during the third quarter (Q3) of 2021 from SAR 29.57 million in Q3-20. Revenues grew by 32.5% year-on-year (YoY) to SAR 727.43 …

Riyadh – Mubasher: Bawan Company recorded net profits after Zakat and tax worth SAR 84.8 million in the first half (H1) of 2021, an annual jump of 176.5% from SAR 30.66 million in H1-20. Earnings per share stood at SAR 1.41 in H1-21, compared to …

Riyadh – Mubasher: Bawan Company has obtained SAR 9.6 million that represented part of the insurance claim covering the fire incident at a factory of its subsidiary Arnon Plastic Industries Company in Dammam city. The listed company did not expect …

Riyadh – Mubasher: Bawan Company’s board of directors has approved distributing cash dividends of SAR 36 million or SAR 0.60 per share to shareholders for the second half (H2) of 2020. The distributions represent 6% of the share’s nominal value, …

Riyadh – Mubasher: Bawan Company reported a 238.57% rise in its net profit in 2020, as shown by the company’s annual financial results. The firm registered SAR 90.17 million in net profit after Zakat and tax last year, compared with SAR 26.63 …

Riyadh – Mubasher: Bawan Company announced on Wednesday.the cancellation of the potential merger between two of its subsidiaries. On 19 June 2019, United Transformers Electric Company and United Technology of Electric Substations and Switchgears …

Riyadh – Mubasher: Bawan Company said United Transformers Electric Company (Utec Saudi) signed a shares sale contract with Industry Technology Electric Company to sell its entire 49% equity stake in United Technology Electric Company (Utec …

Riyadh – Mubasher: WESCOSA and the Saudi Transformers Company (STC), subsidiaries of Electrical Industries Company (EIC), signed agreements to supply Saudi Electricity Company (SEC) with electrical equipment. The total value of the deals, which …

Riyadh – Mubasher: A subsidiary of Bawan Company signed an agreement on 15 November to supply electrical unit substations to Saudi Electricity Company (SEC) for SAR 115 million. The deal was signed with United Technology of Electric Substations …

Riyadh – Mubasher: Bawan Company reported SAR 29.6 million in net profits after Zakat and tax during the third quarter (Q3) of the year, posting an annual jump of 806.7%. The growing earnings were driven by higher gross profit due to a rise in …

Riyadh – Mubasher: The net profit after Zakat and tax of Bawan Company leapt by 410.9% in the second quarter (Q2) of the year to hit SAR 15.46 million, compared with SAR 3 million in the year-ago period. This growth in the interim profits was …

Riyadh – Mubasher: The net profit after Zakat and tax of Bawan Company levelled up by 1.07% in the first quarter (Q1) of 2020, reaching SAR 15.21 million from SAR 15.04 million in the same period in 2019.  Year-on-year (YoY), revenues leapt by …

Riyadh – Mubasher: Bawan Company announced that the date of a planned merger between two of its subsidiaries has been rescheduled to the first quarter (Q1) of the upcoming year. United Transformers Electric Company (Utec) and United Technology of …

Riyadh – Mubasher: Bawan Company announced that it has obtained a medium-term SAR 88.6 million Shariah-compliant finance facility from Banque Saudi Fransi (BSF). The five-year agreement includes a one-year grace period, according to the company’s …