Almasane Alkobra Mining Co. (1322)

Riyadh – Mubasher: The net profits of Al Masane Al Kobra Mining Company (Amak) plunged by 56.79% to SAR 54.58 million in 2023 from SAR 126.33 million a year earlier. Amak recorded an annual drop of 16.28% in revenue to SAR 487.89 million as of 31 …

Riyadh – Mubasher: The board members of Al Masane Al Kobra Mining Company (Amak) greenlighted cash dividends worth SAR 57.48 million for the second half (H2) of 2023, according to a bourse filing. A dividend of SAR 0.65 per share, equivalent to …

Riyadh – Mubasher: Al Masane Al Kobra Mining Company (Amak) announced that its CEO, Yahiya bin Mohammed Al Shangiti, will step down from his position on 31 December 2023 due to the expiration of his employment contract. The company will delegate …

Riyadh – Mubasher: Al Masane Al Kobra Mining Company (Amak) recorded 53.60% lower net profits after Zakat and tax at SAR 48.64 million during the first nine months (9M) of 2023, versus SAR 104.82 million in 9M-22. Revenues declined by 12.80% to …

Riyadh – Mubasher: Al Masane Al Kobra Mining Company (Amak) posted a 47.14% annual decline in net profit after Zakat and tax to SAR 43.46 million during the first half (H1) of 2023 from SAR 82.22 million. The earnings per share (EPS) decreased to …

Riyadh – Mubasher: The board of Almasane Alkobra Mining Company (Amak) decided to disburse cash dividends worth SAR 64.79 million for the first half (H1) of 2023, according to a bourse disclosure. The firm will pay out SAR 1 per share, equivalent …

Riyadh – Mubasher: Almasane Alkobra Mining Company (Amak) recorded an annual decline of 21.39% in net profit after Zakat and tax to SAR 32.85 million during the first quarter (Q1) of 2023, versus SAR 41.81 million. Amak generated revenues …

Riyadh – Mubasher: Saudi Arabia’s Capital Market Authority (CMA) passed the requests of Saudi Arabian Mining Company (Ma’aden) and Almasane Alkobra Mining Company (Amak) to raise their capital by issuing bonus shares. Ma’aden aims to increase its …

Riyadh – Mubasher: Almasane Alkobra Mining Company (Amak) logged net profits after Zakat and tax worth SAR 126.33 million in 2022, lower by 35.96% than SAR 197.26 million a year earlier. Revenues edged down by 0.66% year-on-year (YoY) to SAR …

Riyadh – Mubasher: Almasane Alkobra Mining Company (Amak) received a licence from the Saudi Ministry of Industry and Mineral Resources to explore gold in Aseer province, according to a bourse disclosure. The licence was issued on 18 January 2023 …

Riyadh – Mubasher: The Saudi Ministry of Industry and Mineral Resources has licensed Almasane Alkobra Mining Company (Amak) to explore gold, zinc, and copper in Aseer province. Under the licence that was issued on 2 January 2023, Amak will explore …

Riyadh – Mubasher: The board of Almasane Alkobra Mining Company (Amak) recommended cash dividends worth SAR 38.84 million, representing 6% of the capital, for the third quarter (Q3) of 2022. The Tadawul-listed firm would disburse SAR 0.60 per …

Riyadh – Mubasher: The net profits after Zakat and tax of Almasane Alkobra Mining Company (Amak) amounted to SAR 104.82 million in the first nine months (9M) of 2022, an annual drop of 22.10% from SAR 134.57 million. Revenues stood at SAR 427.90 …

Riyadh – Mubasher: Almasane Alkobra Mining Company (Amak) posted an 11.35% drop in net profit after Zakat and tax to SAR 82.22 million during the first half (H1) of 2022, compared to SAR 92.75 million in H1-21. The Saudi company’s revenues …

Riyadh – Mubasher: The board of Almasane Alkobra Mining Company (Amak) has recommended a 36.36% capital increase by granting one bonus share for every 2.75 owned shares. Amak intends to capitalise SAR 240 million from the share premium account, …

Riyadh – Mubasher: The board of Almasane Alkobra Mining Company (Amak) has proposed a cash dividend distribution of SAR 2 per share for the first half (H1) of 2022. The listed firm would disburse SAR 129.08 million, representing 20% of the …

Riyadh – Mubasher: Almasane Alkobra Mining Company (Amak) has achieved net profits after Zakat and tax worth SAR 41.81 million during the first quarter (Q1) of 2022, an annual surge of 21.82% from SAR 34.32 million. Revenues stood at SAR 157.99 …

Riyadh-Mubasher: Almasane Alkobra Mining Company (Amak) has reported net profits after Zakat and tax worth SAR 197.26 million in 2021, a 122.13% year-on-year (YoY) hike from SAR 88.80 million. The company’s revenues soared by 56.37% to SAR 586.65 …