National Metal Manufacturing and Casting Co (2220)

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News

19 January 2016 03:57 PM Maadaniyah narrows Q4 losses to SAR 1.5m

Riyadh-Mubasher: National Metal Manufacturing and Casting Co. (Maadaniyah) suffered net losses of SAR 1.5 million in the fourth quarter of 2015, down 66% from SAR 4.3 million in Q4-14. The company attributed the decline in losses to low cost of …

Corporate Actions

29 December 2015 10:56 AM Maadaniyah says to be impacted by lifting energy prices

Riyadh-Mubasher: National Metal Manufacturing and Casting Co. (Maadaniyah) said the cost of production will be impacted in 2016 by raising energy prices, according to the company’s statement to Tadawul. Maadaniyah will exert all possible efforts …

Corporate Actions

7 December 2015 04:08 PM Maadaniyah board proposes SAR 14m dividends

Riyadh-Mubasher: The board of National Metal Manufacturing and Casting Co. (Maadaniyah) recommended cash dividends for the fiscal year ending 31 December at SAR 0.5 a share, totalling SAR 14 million. Shareholders of record on the general meeting …

Cash Dividends

18 October 2015 04:12 PM Maadaniyah earnings up 4% in 3M

Riyadh-Mubasher: National Metal Manufacturing and Casting Co. (Maadaniyah) posted net earnings of SAR 8.9 million for the third quarter of 2015, growing 4% compared with SAR 8.5 million a year earlier. Nine-month net profits leapt 23 % …

Financial Results

11 August 2015 00:36 PM Industrial investment firms’ earnings decline 21% in six months

By Mohammed Idries Riyadh-Mubasher: The industrial investment sector’s combined earnings for the second quarter of 2015 dropped 21% to SAR 345 million, compared with SAR 438 million a year earlier. The sector’s earnings were mainly impacted by the …

Sector Reports

25 May 2015 09:32 AM Major events on Tadawul for Monday

By Mouaaz bin SaadRiyadh-Mubasher: Investors are anticipating the following major events on the Saudi bourse on Monday:Translated by Abdul Maguid Aboshahla 

Market News

6 May 2015 06:44 PM Maadaniyah to pay 68% of FY14 profits as dividends

By Mouaaz bin SaadRiyadh-Mubasher: Maadaniyah board proposed cash dividends for the fiscal year 2014 at SAR 0.5 a share, totalling SAR 14.05 million, or 68% of FY14 earnings reaching SAR 20.75 million.Shareholders of record on 30 April 2015 are …

Corporate Actions

3 May 2015 08:50 AM Maadaniyah shareholders approve cash dividends for FY14

Riyadh-Mubasher: Maadaniyah said its ordinary general meeting held on Thursday approved paying cash dividends for the fiscal year 2014 at 5% of the stock's par value, or SAR 0.5 a share, totalling SAR 14 million.Shareholders of record on 30 April …

Company News

30 April 2015 04:08 PM Maadaniyah to establish new production line worth SAR 30m

Riyadh-Mubasher: Maadaniyah board approved establishing a new line for producing twisted pair cables, at a total cost of nearly SAR 30 million, to be financed from loans and the company's resources.The project, which is likely to be completed in …

Company News

30 April 2015 11:05 AM Major events on Tadawul for Thursday

Riyadh-Mubasher: Investors are anticipating the following major events on the Saudi bourse on Thursday: Paying cash dividends at a total value of SAR 605.25 million by Bank Albilad, Yanbu Cement and FIBCO Record date for 's SAR 14.1 million cash …

Event

15 April 2015 09:28 AM Major events on Tadawul for Wednesday

By Mohammed IdriesRiyadh-Mubasher: Investors are anticipating the following major events on the Saudi bourse on Wednesday:Translated by Abdul Maguid Aboshahla

Company News

17 December 2014 04:39 PM Maadaniyah board proposes SAR0.5/share cash dividend

The board of National Metal Manufacturing and Casting Co. (Maadaniyah) has recommended on Wednesday the distribution of cash dividend for the fiscal year 2014 at SAR 0.5 per share, or 5% of stock par value, totaling SAR …

Company News

27 October 2014 01:32 PM Maadaniyah Q3 earnings skyrocket 377% to SAR 8.5m

The National Metal Manufacturing and Casting Co. (Maadaniyah) released financial results for the nine-month period until Sept. 30, 2014.Q3 net earnings reached SAR 8.58 million, rocketing 376.67% year-on-year from SAR 1.8 …

Company News

14 October 2014 05:23 PM Maadaniyah Managing Director quits

The National Metal Manufacturing and Casting Co. (Maadaniyah) said the board approved the recommendation of the Nomination and Remuneration Committee on the resignation of Managing Director Eng. Saleh Al Obayyed.The resignation will be …

Company News

29 September 2014 10:25 AM Maadaniyah Managing Director steps down

The National Metal Manufacturing & Casting Co. (Maadaniyah) said the Nomination and Remuneration Committee accepted the resignation of Managing Director Eng. Saleh Al Obayyed on Sept. 28.The resignation will be effective as of Dec. 31, …

Company News

24 September 2014 10:42 AM Maadaniyah kicks off commercial production of twisted pair factory

The National Metal Manufacturing & Casting Co. (Maadaniyah) said the commercial production of the twisted pair factory will start October 1, 2014.The company added that the relevant financial impact will materialize gradually as of …

Corporate Actions