Saudi Advanced Industries Co (2120)

Riyadh – Mubasher: The net profit of Saudi Advanced Industries Company (SAIC) skyrocketed 392.61% year-on-year (YoY) to SAR 108.72 million in the first quarter (Q1) of 2024 from SAR 22.07 million. Revenues soared 385.13% YoY to SAR 122.98 million …

Riyadh – Mubasher: The net profit of Saudi Advanced Industries Company (SAIC) jumped 48.49% year-on-year (YoY) to SAR 148.80 million in 2023 from SAR 100.21 million. Revenues soared 55.23% YoY to SAR 180.15 million last year from SAR 116.05 …

Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) and a subsidiary have purchased 567,212 shares in Baladi Poultry Company for an average share price of SAR 126.66, totalling SAR 71.84 million. The purchases were made in separate batches …

Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) logged net profits after Zakat and tax valued at SAR 111.17 million in the first nine months (9M) of 2023, marking a 38.34% leap from SAR 80.36 million in 9M-22. The earnings per share …

Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) has purchased 3.84 million shares in the Canadian General Medical Center Complex Company at a value of SAR 24.99 million. The transaction was concluded on 24 August 2023, according to a …

Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Advanced Industries Company (SAIC) reached SAR 72.61 million in the first half (H1) of 2023, an annual rise of 24.63% from SAR 58.26 million. The revenues jumped by 25.27% …

Riyadh – Mubasher: The shareholders of Saudi Advanced Industries Company (SAIC) greenlighted the board’s proposal to disburse cash dividends amounting to SAR 30 million for 2022. SAIC will pay SAR 0.50 per share for 60 million eligible shares on …

Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) logged net profits after Zakat and tax worth SAR 22.07 million in the first quarter (Q1) of 2023, an annual drop of 28.67% from SAR 30.94 million. Revenues amounted to SAR 25.35 million …

Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) generated SAR 100.21 million in net profit after Zakat and tax in 2022, up 9.96% year-on-year (YoY) from SAR 91.13 million. The company’s revenues surged by 14.36% YoY to SAR 116.05 …

Riyadh – Mubasher: The equityholders of Saudi Advanced Industries Company (SAIC) have approved the board’s recommendation to raise the capital by SAR 100 million (20%), during their extraordinary general meeting (EGM) on 25 January. SAIC will …

Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) named Abdullah Muhammad Al Humaidhi as the new Chairman of the board instead of Youssef Muhammad Al Qafari, who remained a board member. The Tadawul-listed firm also appointed Abdul …

Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Advance d Industries Company (SAIC) grew by 22.67% to SAR 80.36 million in the first nine months (9M) of 2022, versus SAR 65.51 million in 9M-21. Revenues amounted to SAR 91.49 …

Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) has reported net profits after Zakat and tax worth SAR 58.26 million in the first half (H1) of 2022, higher by 72.16% than SAR 33.84 million in H1-21. SAIC generated revenues of SAR 65.53 …

Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) announced the appointment of Youssef bin Muhammad Al Qafari as the new Chairman of the board for a three-year term. Al Qafari has replaced Abdullah bin Suleiman Al Juraish, who will …

Riyadh – Mubasher: The board of Saudi Advance Industries Company (SAIC) has appointed Abdullah Suliman Al Juraish as the company's Chairman. The company has also named Abdullah Mohammed Al Homaidi as Vice Chairman and Musa Abdullah Al Ruwaili as …

Riyadh – Mubasher: Deutsche Gulf Finance Company, a 31.62% subsidiary of Saudi Advance Industries Company (SAIC),  has obtained the initial approval of the Central Bank of Saudi Arabia (SAMA) to offer its shares on the main financial market. This …

Riyadh – Mubasher: The ordinary general meeting (OGM) of Saudi Advance Industries Company (SAIC) has approved a cash dividend distribution, equivalent to 7.5% of the nominal value, for 2021. The cash dividend payout stands at SAR 0.75 per share, …

Riyadh – Mubasher: Saudi Advance Industries Company (SAIC) has logged net profits after Zakat and tax worth SAR 30.94 million in the first quarter (Q1) of 2022, an annual hike of 81.46% from SAR 17.05 million. The company registered SAR 34.44 …

Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) has appointed Mohammed Abdul Aziz Al Shtawi as the new CEO of the company. Al Shtawi will occupy the position starting from 16 May, according to a bourse filing on Tuesday. The new …

Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Advanced Industries Company (SAIC) hiked by 249.55% to SAR 91.13 million in 2021, compared to SAR 26.07 million in 2020. The company generated revenues of SAR 101.48 million in 2021, …

Riyadh – Mubasher: The board of Saudi Advanced Industries Company (SAIC) has approved to allocate SAR 5 million, representing 1% of the company's capital, for investments with Islamic Sharia-compliant venture investment funds. These funds seek to …

Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) said the board of its associate Obeikan Glass Company approved distributing SAR 1 per share as a cash dividend for the year 2021, according to a bourse filing on Monday. SAIC did not …

Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) reported an increase of 159% in net profits after Zakat and tax to SAR 33.84 million in the first half (H1) of 2021 from SAR 13.05 million in H1-20. Earnings per share stood at SAR 0.68 …

Riyadh - Mubasher: Saudi Advanced Industries Company (SAIC) announced that the memorandum of understanding (MoU) to sell its entire stake in Alsalam Aerospace Industries Company has expired. The company said that no agreement was reached, …

Riyadh – Mubasher: The equityholders of Saudi Advanced Industries Company (SAIC) gave a nod for distributing a cash dividend of SAR 0.25 per share, representing 2.5% of the share’s par value, for the second half (H2) of 2020. SAIC will pay a total …