Saudi Industrial Development Co (SIDC) News - Mubasher Info
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04 July 05:08 PM

Saudi Industrial Development Co (2130)

Last update: 2 July 03:17 PM market time.
16.90
-0.35
-2.03%
Open 17.37
Previous Close 17.25
High 17.40
Low 16.60
Stock Statistics
Volume 470,007
Turnover 7,962,889.97
All data are 15 minutes late during market session

News

Photo Archive
17 May 04:51 PM SIDC subsidiary enters into agreement with NHC
Riyadh – Mubasher: The Saudi Industrial Development Company (SIDC) has announced that its specialized manufacturing branch, SIDC Ceramic Factory (CASAVIA), has entered into a formal agreement with the National Housing Company (NHC). The …
Company News
Photo Archive
22 June 2025 07:02 AM SIDCS’s Emmdad secures SAR 10m Sharia-compliant loan from Social Development Bank
Riyadh - Mubasher: Emmdad Logistic Services Company, a subsidiary of Saudi Industrial Development Company (SIDC), has signed a Sharia-compliant financing agreement worth SAR 10 million with the Social Development Bank. The five-year financing …
Banking and Finance
Photo Archive
11 July 2024 00:35 PM SIDC’s unit inaugurates 1st branch in Egypt
Riyadh – Mubasher: The Arabian Spring and Foam Mattresses Manufacturing Company (Sleep High), an Egypt-based subsidiary of Saudi Industrial Development Company (SIDC), opened its first branch in the City Stars Center Through the branch in Nasr …
Companies Investments
Photo Archive
23 June 2024 10:36 AM SIDC eyes restructuring capital to lower accumulated losses
Riyadh – Mubasher: Saudi Industrial Development Company (SIDC) submitted an application file, on 13 June, to the Capital Market Authority (CMA) to reduce its capital by SAR 265 million. The new capital will stand at SAR 135 million distributed …
Board of Directors
Photo Archive
13 November 2023 04:51 PM SIDC’s net losses widen in 9M-23; accumulated losses unveiled
Riyadh – Mubasher: Saudi Industrial Development Company (SIDC) recorded net losses after Zakat and tax worth SAR 21.83 million in the first nine months (9M) of 2023, a 14.65% year-on-year (YoY) rise from SAR 19.04 million in the same period of …
Financial Results
Photo Archive
3 July 2022 05:58 PM SIDC’s subdiairy signs agreement worth SAR 13m/year with Emdad
Riyadh – Mubasher: Global Marketing Company for Sleeping Systems (Sleep High), a subsidiary of Saudi Industrial Development Company (SIDC), has penned a deal with Emdad Logistics at an estimated annual value of SAR 12.65 million. Under the …
Companies Investments
The loss per share stood at SAR 0.15 in H1-21
17 August 2021 02:07 PM SIDC logs 7% higher losses in H1-21; accumulated losses hit SAR 29m
Riyadh – Mubasher: Saudi Industrial Development Company (SIDC) posted an increase of 7% in net losses after Zakat and tax to SAR 6.1 million in the first half (H1) of 2021 from SAR 5.7 million in H1-20. The loss per share stood at SAR 0.15 in …
Financial Results
The company’s losses dropped by 83.3% yearly in the first nine months of 2020.
27 October 2020 09:45 AM SIDC returns to profits in Q3
Riyadh – Mubasher: The Saudi Industrial Development Company (SIDC) returned to net profits of SAR 5.1 million during the third quarter (Q3) of 2020, against net losses of SAR 4.3 million in the year-ago quarter. The Tadawul-listed firm realised …
Financial Results
Revenues retreated by 22.8% year-on-year during Q2-20
28 July 2020 09:14 AM SIDC turns to profitability in Q2-20
Riyadh – Mubasher: The Saudi Industrial Development Company (SIDC) turned profitable in the second quarter (Q2) of 2020, posting net profits of SAR 4.3 million, against net losses of SAR 1.7 million over the same period in 2019. Revenue stood at …
Financial Results
The OGM approved the board’s report for FY 2019
15 June 2020 10:34 AM SIDC to use SAR 8m of reserve to offset accumulated losses
Riyadh – Mubasher: The ordinary general meeting (OGM) of the Saudi Industrial Development Company (SIDC) approved transferring SAE 8.09 million from the statutory reserve surplus to the accumulated losses account. The decision was made during the …
General Assembly
Revenues decreased by 19.56% to SAR 40.3 million
4 June 2020 01:31 PM SIDC turns to losses in Q1-20
Riyadh – Mubasher: Saudi Industrial Development Company (SIDC) reported SAR 10 million in net losses after zakat and tax during the first quarter (Q1) of 2020, versus a net profit of SAR 3 million in Q1-19. Revenues decreased by 19.56% to SAR 40.3 …
Financial Results
Accumulated losses reached SAR 25.85 million by end of last year
29 April 2020 02:15 PM SIDC board recommends lowering accumulated losses
Riyadh – Mubasher: The board of the Saudi Industrial Development Company (SIDC) has recommended to the general assembly fully utilizing the company’s statuary reserve to offset losses. The board recommended using SAR 8.099 million to offset part …
Board of Directors
Net losses after zakat and tax increased by 30.76% in Q2-19
24 July 2019 00:00 PM SIDC suffers SAR 2m losses in Q2
Riyadh – Mubasher: Saudi Industrial Development Company (SIDC) announced its interim financial results for the second quarter of 2019. Net losses after zakat and tax increased by 30.76% to SAR 1.7 million in Q2-19, compared to SAR 1.3 million in …
Company News
Revenues rose 12.1% to SAR 50.1 million
24 April 2019 10:49 AM SIDC’s profit soars 1,665% in Q1
Riyadh – Mubasher: The Saudi Industrial Development Company (SIDC) reported a 1,664.7% year-on-year profit hike in the first quarter of 2019. The Saudi firm’s net profits, after zakat and taxes, leapt to SAR 3 million ($799,890) in Q1-19 from …
Financial Results
The decision was announced after a lawsuit submitted to Jeddah’s commercial court
14 March 2019 10:43 AM SIDC to redeem SAR 15.19m from Juhaina after court ruling
Riyadh – Mubasher: The Saudi Industrial Development Company (SIDC) on Thursday said that it will redeem a SAR 15.19 million amount from its former partner Juhaina Trading, Industry and Contracting Co. The decision was announced after a …
Law
The firm attributed the previous-year loss hike to a drop in sales
27 February 2019 09:54 AM Saudi Industrial Development’s loss rises 195% in 2018
Riyadh – Mubasher: The Saudi Industrial Development Company (SIDC) on Wednesday reported a 195% year-on-year increase in losses during the full-year 2018. SIDC’s losses amounted to SAR 30.1 million ($8.02 million) from January to December 2018, up …
Financial Results
Al Marwani will leave on 1 October 2019
25 October 2018 10:45 AM SIDC’s CEO to step down early 2019
Riyadh – Mubasher: The Saudi Industrial Development Company’s (SIDC) board of directors has approved CEO Fuzan Al Marwani’s resignation. Al Marwani will leave on 1 October 2019, according to a statement to the Saudi Stock Exchange (Tadawul). …
Management Decisions
SIDC attributed the third-qurater loss growth to a rise in operational losses
25 October 2018 10:36 AM SIDC suffers SAR 8.7m loss in Q3
Riyadh – Mubasher: The Saudi Industrial Development Company (SIDC) on Thursday announced a 141.67% year-on-year increase in its net losses during the third quarter of 2018, registering SAR 8.7 million from SAR 3.6 million. SIDC attributed the …
Financial Results
SIDC’s losses amounted to SAR 1.3 million during the period between April and June
24 July 2018 11:17 AM Saudi Industrial trims losses by 87% in Q2
Riyadh – Mubasher: The Saudi Industrial Development Company (SIDC) on Monday reported an 87.38% year-on-year decrease in its losses during the second quarter of 2018. SIDC’s losses amounted to SAR 1.3 million during the period between April and …
Financial Results
SIDC’s net profits slumped to SAR 170,000 in the three-month period ended March 2018
29 April 2018 11:32 AM Lower sales drag SIDC Q1 profit down
Riyadh – Mubasher: The Saudi Industrial Development Company (SIDC) on Sunday reported a 79.01% year-on-year plunge in its net profits during the first quarter of 2018. SIDC’s net profits slumped to SAR 170,000 in the three-month period ended March …
Financial Results
SIDC’s net profits dropped to SAR 2.9 million during Q4-17
4 March 2018 10:21 AM SIDC turns to loss during 2017
Riyadh – Mubasher: The Saudi Industrial Development Company (SIDC) on Sunday posted a 64.8% year-on-year decline in its net profits during the fourth quarter of 2017. SIDC’s net profits dropped to SAR 2.9 million during Q4-17, compared to SAR 8.24 …
Financial Results
Ibn Rushd invites SIDC to attend EGM
12 December 2017 10:40 AM Ibn Rushd invites SIDC to attend EGM
Riyadh – Mubasher: Arabian Industrial Fibers Company (Ibn Rushd) invited Saudi Industrial Development Company (SIDC) to attend the extraordinary general meeting (EGM) on Sunday, 31 December. Ibn Rushd is a subsidiary of the Saudi Basic Industries …
Board of Directors
SIDC’s net losses decreased to SAR 3.6 million in Q3-17, from SAR 7.7 million in Q3-16, according to a bourse filing
1 November 2017 02:47 PM SIDC’s losses reach SAR 3.6m in Q3
Riyadh – Mubasher: Saudi Industrial Development Company (SIDC) on Wednesday said its net losses retreated 53.3% in the third quarter of 2017, compared to the year-ago period. SIDC’s net losses fell to SAR 3.6 million in Q3-17, from SAR 7.7 million …
Financial Results
SIDC’s stock closed Tuesday’s trading session at SAR 11.04, shedding 3.07%.
26 July 2017 10:59 AM SIDC turns to losses in Q2 amid higher production costs
Riyadh – Mubasher: Saudi Industrial Development Company (SIDC) on Wednesday announced turning to losses in the second quarter of 2017, compared to Q2-16 and Q1-17, according to a bourse filing. The Saudi-listed company’s losses amounted to SAR …
Financial Results
(Photo Credit: Arabianeye-Reuters)
1 May 2017 09:36 AM SIDC turns to profitability in Q1
Riyadh – Mubasher: Saudi Industrial Development Company (SIDC) on Monday reported turning to profitability in the first quarter of 2017 against losses in the same quarter of 2016. Net profits stood at SAR 800,000 in Q1-17, against losses of SAR …
Financial Results