National Metal Manufacturing and Casting Co (MAADANIYAH) News - Mubasher Info
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11 May 06:02 AM

National Metal Manufacturing and Casting Co (2220)

Last update: 1 November 2023 03:19 PM market time.
16.18
0.26
1.63%
Open 16.00
Previous Close 15.92
High 16.34
Low 15.80
Stock Statistics
Volume 173,037
Turnover 2,785,596.10
All data are 15 minutes late during market session

News

Photo Archive
6 November 2023 04:40 PM Maadaniyah reports lower net losses in 9M-23, unveils SAR 84m accumulated losses
Riyadh – Mubasher: The income statements of National Metal Manufacturing and Casting Company (Maadaniyah) showed that its net losses after Zakat and tax shrank by 25.84% year-on-year (YoY) to SAR 18.42 million in the first nine months (9M) of 2023 …
Financial Results
Photo Archive
31 January 2022 04:55 PM Maadaniyah lowers accumulated losses to 8%
Riyadh – Mubasher: National Metal Manufacturing and Casting Company (Maadaniyah) has decreased its accumulated losses to SAR 29.38 million, equivalent to 8.298% of the capital. To decrease the accumulated losses, the company has cut the capital …
Financial Results
The project's construction starts in the fourth quarter (Q4) of 2021
4 October 2021 02:32 PM Maadaniyah to establish SAR 71m valves factory
Riyadh – Mubasher: The National Metal Manufacturing and Casting Company (Maadaniyah) will set up a factory specialised in manufacturing valves used in oil, gas, and petrochemical at a total value of SAR 71 million. Expected to be completed in the …
Companies Investments
Photo Archive
14 September 2021 04:49 PM CMA approves Maadaniyah’s capital cut, hike
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) gave the green light for National Metal Manufacturing and Casting Company (Maadaniyah) to reduce then increase its capital, according to a bourse filing on Tuesday. Maadaniyah aims to …
Corporate Actions
Maadaniyah will be able to renew the MoU next year
30 August 2021 04:31 PM Maadaniyah extends deal to set up aluminum plant
Riyadh – Mubasher: The National Metal Manufacturing and Casting Company (Maadaniyah) has extended a memorandum of understanding (MoU) to establish a plant for aluminum foundry until the end of February 2022. Maadaniyah will also be able to renew …
Companies Investments
Maadaniyah's capital will stand at SAR 234 million distributed over 23.4 million shares
25 May 2021 03:50 PM Maadaniyah continues to amend capital cut value
Riyadh – Mubasher: The board of the National Metal Manufacturing and Casting Company (Maadaniyah) has recommended reducing the capital by 47.12 million instead of about SAR 40 million, according to a bourse disclosure on Tuesday. The capital will …
Management Decisions
Maadaniyah’s loss per share stood at SAR 0.25 in Q1-21
18 May 2021 05:11 PM Maadaniyah’s Q1 losses shrink 5%
Riyadh – Mubasher: National Metal Manufacturing and Casting Company (Maadaniyah) incurred a net loss after Zakat and tax worth SAR 7.08 million during the first quarter (Q1) of 2021, a decrease of 5% from SAR 7.46 million in the same quarter a …
Financial Results
Maadaniyah registered accumulated losses of SAR 40.15 million
5 April 2021 02:13 PM Maadaniyah amends capital reduction value
Riyadh – Mubasher: The National Metal Manufacturing and Casting Company (Maadaniyah) decided to reduce the capital to SAR 240.96 million from SAR 281.12 million, due to the losses incurred during the fourth quarter of 2020. The reduction value, …
Corporate Actions
Maadaniyah’s capital is planned to be cut by 7.4% to SAR 260.3 million.
1 March 2021 10:59 AM Maadaniyah plans capital reduction, increase
Riyadh – Mubasher: The board of the National Metal Manufacturing and Casting Company (Maadaniyah) recommended reducing the company’s capital and then raising it through a rights issue. Maadaniyah’s capital is planned to be cut by 7.4% to SAR 260.3 …
Companies Investments
Revenue dropped 42.86% YoY in Q3-19
5 November 2019 07:22 PM Maadaniyah’s losses deepen in Q3-19
Riyadh – Mubasher: National Metal Manufacturing and Casting Company (Maadaniyah) has reported a 7.5% year-on-year loss increase during the third quarter of the fiscal year 2019. The company’s net loss after zakat and tax increased to SAR 47.08 …
Financial Results
The company turned to losses with SAR 4.1 million in Q2-19
4 August 2019 04:38 PM Maadaniyah turns to losses in Q2
Riyadh – Mubasher: National Metal Manufacturing and Casting Company (Maadaniyah) reported its interim financial results for the second quarter of 2019. The company turned to losses with SAR 4.1 million in Q2-19, against profits of SAR 3.75 million …
Financial Results
Revenues retreated to SAR 80.7 million in Q1-19
5 May 2019 05:10 PM Maadaniyah trims losses by 79% in Q1
Riyadh – Mubasher: The National Metal Manufacturing and Casting Company (Maadaniyah) posted a 78.7% decrease in its losses during the first quarter of 2019. Maadaniyah’s losses, after zakat and taxes, tumbled to around SAR 190,000 from nearly SAR …
Financial Results
The Saudi firm’s revenues grew 33.3% to SAR 391.17 million last year
25 March 2019 05:05 PM Maadaniyah logs SAR 4.53m net profit in 2018
Riyadh – Mubasher: The Saudi-based National Metal Manufacturing and Casting Company (Maadaniyah) reported SAR 4.53 million ($1.21 million) in net profits in 2018, against SAR 19.66 million ($5.24 million) in net losses in the prior year. The Saudi …
Financial Results
The firm attributed the third-quarter loss decline to higher demand for some products
28 October 2018 06:26 PM Maadaniyah losses fall 86% in Q3
Riyadh – Mubasher: The Saudi National Metal Manufacturing and Casting Company (Maadaniyah) on Sunday reported a 86.19% year-on-year decline in its losses during the third quarter of 2018, recording SAR 620,000, compared to SAR 3.6 million. The …
Financial Results
Maadaniyah attributed the positive turn in second-quarter financials to a rise in sales volume
29 July 2018 05:06 PM Maadaniyah turns profitable in Q2
Riyadh – Mubasher: The Saudi National Metal Manufacturing and Casting Company (Maadaniyah) on Sunday announced turning to a profit during the second quarter of 2018, against suffering a loss in the year-ago period. Maadaniyah generated a profit of …
Financial Results
Dividends will amount to SAR 14 million
30 May 2017 03:42 PM Maadaniyah to distribute SAR0.5/shr starting 8 June
Riyadh - Mubasher: The Saudi National Metal Manufacturing and Casting Company (Maadaniyah) said that it will begin the distribution of cash dividends at SAR 0.50 per share on 8 June 2017, according to a bourse filing. The company said in a …
Cash Dividends
Photo credit: Company's website.
25 May 2017 10:04 AM Maadaniyah OKs SAR 0.50/shr dividends for FY16
Riyadh – Mubasher: The ordinary general meeting (OGM) of National Metal Manufacturing and Casting Company (Maadaniyah) on Wednesday approved the distribution of dividends at 50 halalas per share for fiscal year 2016. Total distributions amount to …
Cash Dividends
(Photo archive)
9 May 2017 09:21 AM Maadaniyah Q1 profits drop 88%
Riyadh – Mubasher: National Metal Manufacturing and Casting Co’s (Maadaniyah) profits declined 87.57% in the first quarter of 2017. The company achieved a net profit of SAR 1.45 million in Q1-17 compared to SAR 11.67 million in the same period in …
Financial Results
The Saudi Stock Exchange - (Photo Credit: Arabianeye-Reuters)
25 January 2017 04:22 PM Maadaniyah to create new Saudi manufacturing company
Riyadh - Mubasher: National Metal Manufacturing and Casting Company (Maadaniyah) announced on Wednesday that it has signed a memorandum of understanding (MoU) with the Saudi National Automobile Manufacturing Company. According to the company’s …
Companies Investments
Dividends total SAR 14 million - (Photo Credit: Arabianeye-Reuters)
22 December 2016 07:12 PM Maadaniyah board proposes dividends at SAR0.5/shr
Riyadh - Mubasher: The board of National Metal Manufacturing and Casting Company (Maadaniyah) recommended the distribution of cash dividends at SAR 0.5 per share or 5% of capital to shareholders for 2016. The recommended cash dividends total SAR …
Cash Dividends
The company’s profits fell 17.49% to SAR 25.43 million in the first nine months of 2016- (Photo archive)
18 October 2016 11:20 AM Maadaniyah Q3 profit declines 78%
Riyadh – Mubasher: National Metal Manufacturing and Casting Co.’s (Maadaniyah) net profit dropped 78% year-on-year to SAR 1.96 million ($523,000) in the third quarter of 2016 from SAR 8.93 million ($2.38 million). The decrease in net profit is …
Financial Results
Maadaniyah starts trial operation of stranded wire production line
17 October 2016 09:34 AM Maadaniyah starts trial operation of stranded wire production line
Riyadh – Mubasher: National Metal Manufacturing and Casting Company’s (Maadaniyah) said it started the trial operations of its new stranded wire production line on 1 September 2016. The company said it will start the commercial production by next …
Companies Investments
The dividend eligibility will be for shareholders registered till the end of trading on the OGM date
30 May 2016 09:01 AM Maadaniyah’s shareholders approve 5% cash dividends
Riyadh – Mubasher: National Metal Manufacturing and Casting Company’s (Maadaniyah) ordinary general meeting (OGM) agreed yesterday on distributing cash dividends at SAR 0.5 per share (5% of the capital)for the fiscal year 2015, totalling SAR 14 …
General Assembly
Products by Falco Group (Photo credit: Company website)
2 May 2016 09:00 AM Maadaniyah inks industrial project MoU with France’s Falco
  Riyadh – Mubasher: National Metal Manufacturing and Casting Co. (Maadaniyah) said it signed a memorandum of understanding (MoU) with France’s Falco Group. The MoU entails building valves in the fields of oil, gas and petrochemicals, Maadaniyah …
Companies Investments
Photo Archive
29 February 2016 09:18 AM Maadaniyah says new production line to complete July
Riyadh-Mubasher: The National Metal Manufacturing and Casting Co. (Maadaniyah) said it will likely complete the construction works and installations of the new production line on 31 July, according to the company’s filing to Tadawul. Maadaniyah …
Companies Investments