Saudi Cable Co (SAUDI CABLE) News - Mubasher Info
Tunisia
Mubasher TV
 Contact Us Advertising   العربية
Tunisia
BDT Closed
08 April 06:30 AM

Saudi Cable Co (2110)

Last update: 7 April 03:11 PM market time.
155.10
-0.70
-0.45%
Open 155.00
Previous Close 155.80
High 158.00
Low 155.00
Stock Statistics
Volume 38,976
Turnover 6,098,113.80
All data are 15 minutes late during market session

News

Photo Archive
9 August 2020 02:21 PM Saudi Cable reschedules more than SAR 180m facility
Riyadh – Mubasher: Saudi Cable Company (SCC) sealed on Sunday an agreement with a noncommercial creditor to reschedule a material supply facility offered by Noble Resources International. The total value of the credit facility is SAR 180.78 …
Banking and Finance
Revenues for Q1-20 stood at SAR 59.5 million
21 June 2020 02:12 PM Saudi Cable’s losses up 34% in Q1-20
Riyadh – Mubasher: Saudi Cable Company (SCC) achieved a 34.6% annual growth in net losses after Zakat and tax during the first quarter (Q1) of 2020 at SAR 43.2 million. Revenues shrank by 41.8% annually to reach SAR 59.5 million in the first three …
Financial Results
Photo Archive
3 March 2020 02:01 PM SCC reveals compensation to right issue owners
Riyadh – Mubasher: Saudi Cable Company (SCC) announced the distribution of the compensation amounts to the holders of the rights issue who did not exercise their right to subscribe to new shares. Total compensation is valued at a total of SAR …
Management Decisions
The new shares will be deposited into shareholders’ accounts on 2 February.
26 January 2020 09:23 AM Saudi Cable’s remaining rights issue shares 357% oversubscribed
Riyadh – Mubasher: Saudi Cable Company (SCC) announced that its rights issue shares were oversubscribed by 357%. The sale included 10.56 million shares at an average price of SAR 12.88 per share, the company said in a bourse filing on Sunday. …
Corporate Actions
Saudi Stock Exchange (Tadawul)
20 January 2020 02:43 PM Saudi Cable reveals results of rights issue
Riyadh – Mubasher: Saudi Cable Company (SCC) announced the results of its right issue trading, new shares subscription, and the details of selling unsubscribed shares. The total number of subscribed shares amounted to 14.44 million shares, out of …
Trading Activities
The capital hike will take place through the issuance of 25 million shares
1 January 2020 08:57 AM Saudi Cable approves SAR 250m capital hike
Riyadh – Mubasher: Shareholders of the Saudi Cable Company has approved on Tuesday raising the company’s capital by SAR 250 million through a rights issue. The company’s extraordinary general assembly meeting (EGM) approved the board’s …
Management Decisions
The offering price is set at SAR 10 per share
12 December 2019 10:07 AM Saudi Cable publishes capital hike prospectus
Riyadh – Mubasher: Saudi Cable Company has released the prospectus of its capital hike through the issuance of pre-emptive rights worth SAR 250 million. The offering price is set at SAR 10 per share in order to increase the capital to SAR 360.61 …
Companies Investments
The capital increase will be through a SAR 250 million rights issue
3 December 2019 08:25 AM CMA approves Saudi Cable capital hike
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has approved Saudi Cable Company’s request to increase its capital through a rights issue valued at SAR 250 million. The increase will be limited to the shareholders who are registered in …
Management Decisions
The increase in losses was attributed by Saudi Cable to lower volumes
10 November 2019 09:38 AM Saudi Cable losses rise 51% in Q3
Riyadh - Mubasher: Preliminary financial statements of Saudi Cable Company showed an increase in net losses by 51.4% during the third quarter (Q3) of the year. Losses amounted to SAR 23.79 million in Q3-19, compared with SAR 15.7 million in losses …
Financial Results
Net losses after zakat and tax declined by 81.16% in Q2-19
30 July 2019 09:30 AM Saudi Cable cuts losses to SAR 18m in Q2
Riyadh – Mubasher: Saudi Cable Company revealed its interim financial results for the second quarter of 2018. Net losses after zakat and tax declined by 81.16% to SAR 18.3 million in Q2-19, compared to SAR 97.2 million in Q2-18, according to the …
Company News
The decision was implemented on Thursday, 25 July
29 July 2019 11:17 AM Saudi Cable names new CEO
Riyadh – Mubasher: The board of directors of Saudi Cable Company has appointed Abdulhadi Abdulrahman Abulkhair as the company’s new CEO. The decision was implemented on Thursday, 25 July, according to a bourse filing on Monday. It is worth noting …
Company News
The company achieved SAR 22.9 million in retained profits
30 May 2019 10:59 AM Saudi cable discloses correction on Q1 financials
Riyadh – Mubasher: Saudi Cable Company announced a correction regarding its financial results of the first quarter of 2019. The company achieved SAR 22.9 million in profits in Q1-19 retained for the second quarter of this year, according to the …
Financial Results
Net losses after zakat and tax recorded SAR 32.4 million in Q1-19
13 May 2019 07:55 AM Saudi Cable deepens losses in Q1
Riyadh – Mubasher: Saudi Cable Company posted a 54.3% year-on-year loss increase in the first quarter of 2019. Net losses after zakat and tax recorded SAR 32.4 million in Q1-19, versus SAR 21.02 million in Q1-18, the company said in a recent …
Financial Results
The increase is needed to restructure the company’s capital
16 April 2019 02:50 PM Saudi Cable’s board proposes capital raise via priority rights issue
Riyadh – Mubasher: Saudi Cable Company on Tuesday announced that its board of directors had recommended raising the company’s capital by issuing priority right shares worth SAR 250 million. The increase is needed to restructure the company’s …
Corporate Actions
The decline in losses was ascribed to reduced operating expenses
24 March 2019 03:40 PM Saudi Cable cuts losses to SAR 69m in FY18
Riyadh – Mubasher: Saudi Cable Company reported a 14.6% year-on-year loss drop in the fiscal year 2018. The Saudi-based firm’s losses amounted to SAR 68.63 million ($18.30 million) last year from SAR 80.32 million ($21.42 million) in 2017, the …
Financial Results
Saudi Cable trims losses to SAR 16m in 3M
8 November 2018 10:48 AM Saudi Cable trims losses to SAR 16m in 3M
Riyadh – Mubasher: The Saudi Cable Company on Thursday reported shrinking losses by 54.45% year-on-year during the third quarter of 2018, whereas losses soared 612% in the first nine months. Net losses dropped to SAR 15.71 million ($4.19 million) …
Financial Results
The firm’s capital will reach SAR 110.61 million
3 September 2018 08:40 AM Saudi Cable Co OKs capital reduction
Riyadh – Mubasher: The Saudi Cable Company on Monday announced that its shareholders had approved cutting its capital by 72.63% in abid to amortise its accumulated losses during an extraordinary general meeting (EGM) held the previous day. The …
Management Decisions
Total losses reached SAR 994.46 million ($265.2 million) in Q2-18
14 August 2018 03:19 PM 40 Tadawul-listed firms end Q2 down
By: Thabet Shehata Riyadh – Mubasher: Forty companies listed on the Saudi Stock Exchange (Tadawul) registered losses during the second quarter of 2018. Total losses reached SAR 994.46 million ($265.2 million) in Q2-18, according to Mubasher's …
Trading Activities
Saudi Cable swings to losses during Q2, H1
6 August 2018 08:33 AM Saudi Cable swings to losses during Q2, H1
Riyadh – Mubasher: The Saudi Cable Company on Monday reported turning to losses during the second quarter of 2018. The firm registered SAR 97.24 million ($25.92 million) in net losses in Q2-18, against SAR 39.38 million ($10.50 million) net …
Financial Results
Photo Archive
24 July 2018 05:36 PM Saudi Cable losses reach 72.6% of capital
Riyadh - Mubasher: Saudi Cable Company announced on Monday that its board of directors has reported the accumulated losses of SAR 293.5 million, which reached 72.6% of the company’s capital. The accumulated losses are mainly attributed to …
Financial Results
The estimated returns amounted to SAR 53 million before calculating taxes
16 July 2018 08:01 AM Saudi Cable sells stake in Turkish unit at SAR 250m
Riyadh – Mubasher: Saudi Cable Co. has signed an agreement to sell its whole stake in Turkey-based Demirer Kablo to the Chinese firm, Jiangsu Zhongtian Technology Co. (ZTT) at a value of SAR 250 million ($66.7 million). Demirer Kablo is …
Companies Investments
Tadawul adds Saudi Cable, several REITS to main index
8 July 2018 01:13 PM Tadawul adds Saudi Cable, several REITS to main index
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) on Sunday has announced adding Saudi Cable Co.’s shares to the main Tadawul All Share Index (TASI) on the capital goods sector. Some of the real estate funds were also added to the benchmark …
Trading Activities
The firm’s losses trimmed to SAR 20.7 million in the three-month period ended March 2018
26 April 2018 03:35 PM Saudi Cable Co. trims losses by 12% in Q1
Riyadh – Mubasher: Saudi Cable Co. on Thursday reported a 12.4% decline in its losses during the first quarter of 2018, compared to the same period in the previous year. The firm’s losses trimmed to SAR 20.7 million in the three-month period ended …
Financial Results
Saudi Cable registered a 66% decline in losses in 2017
1 April 2018 02:22 PM Saudi Cable’s losses fall 66% in 2017
Riyadh – Mubasher: Saudi Cable Co. on Sunday reported a sharp decline in losses for the full year 2017. The cable company logged SAR 80.3 million in losses, registering a 65.88% drop from SAR 253.39 million in losses incurred in 2016, according to …
Financial Results
Saudi Cable swung to losses in the third quarter of 2017
27 February 2018 09:21 AM Saudi CMA suspends trading on Saudi Cable stock
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) extended trading suspension on Saudi Cable Co.'s stock until announcing the annual financial results for the period ended 31 December 2017. CMA’s decision is based on its capital market …
Management Decisions