Zahrat Al Waha for Trading Co (3007)

Riyadh – Mubasher: Zahrat Al Waha for Trading Company obtained a loan worth SAR 40 million from the Saudi Industrial Development Fund (SIDF) on 27 August 2023. Through the facility, Zahrat Al Waha will finance its working capital, according to a …

Riyadh – Mubasher:  Zahrat Al Waha for Trading Company has extended its Sharia-compliant facility deal with Saudi National Bank (SNB) at a value of SAR 60 million. The firm will use the proceeds of the loan to purchase raw materials, according to …

Riyadh – Mubasher: Zahrat Al Waha for Trading Company renewed a Sharia-compliant facility worth SAR 60 million with Alinma Bank, according to a bourse disclosure. The Saudi firm will use the loan, which is secured by order notes worth the total …

Riyadh – Mubasher: The shareholders of Zahrat Al Waha for Trading Company have agreed to a 50% capital increase by granting one bonus share for every two owned shares. The Saudi listed firm will raise its capital from SAR 150 million to SAR 225 …

Riyadh - Mubasher: Zahrat Al Waha for Trading Company has renewed a credit facilities agreement worth SAR 115.57 million with Saudi Investment Bank (SAIB). In line with the Sharia regulations, the financing will extend from 3 April to 31 July this …

Riyadh – Mubasher: Zahrat Al Waha for Trading Company inked a Sharia-compliant financing facility and banking services agreement worth SAR 60 million with Saudi National Bank (SNB). Valid until 28 February 2023, the funding aims to provide letters …

Riyadh – Mubasher: Zahrat Al Waha for Trading Company has renewed the credit facilities agreement worth SAR 67.56 million with Saudi Investment Bank (SAIB). In line with the Sharia regulations, the financing will extend from 2 November 2021 to 31 …

Riyadh – Mubasher: Zahrat Al Waha for Trading Company reported net profits after Zakat and tax of SAR 7.47 million in the third quarter (Q3) of 2021, higher by 3.7% than SAR 7.19 million in Q3-20. Revenues grew year-on-year (YoY) by 62.9% to SAR …

Riyadh – Mubasher: Zahrat Al Waha for Trading Company announced a capital expansion plan worth SAR 17.1 million that was implemented during the first half (H1) of 2021. The total value of this plan would be self-financed from the company’s cash, …

Riyadh – Mubasher: Zahrat Al Waha for Trading Company achieved net profits after Zakat and tax worth SAR 36.6 million during the first half (H1) of 2021, compared to SAR 19.53 million in H1-20. Earnings per share stood at SAR 2.44 in the …

Riyadh – Mubasher: Zahrat Al Waha for Trading Company has renewed a credit facility agreement worth SAR 60 million with Alinma Bank. The funding is in line with the Shariah regulations, holding a duration from 14 July 2021 to 30 June 2022, …

Riyadh – Mubasher: Zahrat Al Waha Trading Company has renewed the SAR 82.175 million credit facilities agreement with Arab National Bank (ANB). In line with the Sharia regulations, the agreement extends from 8 July 2021 to 31 May 2022, according …

Riyadh – Mubasher: Zahrat Al Waha Trading Company has repaid the long-term loan of SAR 11.02 million it earlier secured from Alinma Bank, according to a bourse disclosure on Tuesday. The company had obtained the credit facility to finance capital …

Riyadh – Mubasher: The shareholders of Zahrat Al Waha for Trading Company approved the board’s recommendation of distributing SAR 1 per share as a dividend for 2020. The company will pay a total of SAR 15 million, which accounts for 10% of the …

Riyadh – Mubasher: Zahrat Al Waha for Trading Company reported a 28.4% annual drop in net profits during 2020 at SAR 40.6 million. The lower profits were driven by a decline in sales due to a decrease in average selling prices by 17.52%, coupled …

Riyadh – Mubasher: Zahrat Al Waha for Trading Company has renewed its sharia-compliant credit facility agreement worth SAR 93 million with Arab National Bank (ANB). The agreement will be extended from 16 November 2020 to 28 February 2021, …

Riyadh – Mubasher: Zahrat Al Waha for Trading Company’s net profits for the third quarter (Q3) of 2020 plunged by 51.9% yearly to stand at SAR 7.2 million. The decline in profits is owed to lower sales by 31% due to a 14% drop in demand volume as …

Riyadh – Mubasher: Zahrat Al Waha Trading Company has renewed a sharia-compliant credit facility agreement worth SAR 63.476 million with Alinma Bank to open documentary letters of credit to buy raw materials, machinery, and equipment. The loan …

Riyadh – Mubasher: Zahrat Al Waha Trading Company’s net earnings shrank by 34.7% on an annual basis over the second quarter (Q2) of 2020 to stand at SAR 6.62 million, compared to SAR 10.14 million logged in the corresponding quarter in 2019. …

Riyadh – Mubasher: Zahrat Al Waha Trading Company announced the completion of the scheduled periodic maintenance activities for the production lines of the company’s factories in May 2020. The company took advantage of the COVID-19 outbreak, which …

Riyadh – Mubasher: Zahrat Al Waha Trading Company has received and began installation works for two plastic preforms production lines purchased from Husky Injection Molding Systems. The new lines will increase Zahrat Al Waha’s production capacity …

Riyadh – Mubasher: Zahrat Al Waha Trading Company announced on Tuesday the signing of a loan contract with the Saudi Industrial Development Fund (SIDF). The credit facility is valued at SAR 33.5 million, according to a statement to the Saudi Stock …

Riyadh – Mubasher: The ordinary general meeting (OGM) of Zahrat Al Waha for Trading Company has approved board’s recommendation to distribute 7.5% cash dividends for the second half (H2) of 2019. The dividends stand at a total of SAR 11.25 million …

Riyadh – Mubasher: Zahrat Al Waha for Trading Company posted 63.4% growth in its annual net profit after zakat and tax, as shown by its financial results. Net profit reached SAR 56.6 million in 2019, compared with SAR 34.7 million in 2018. The …

Riyadh – Mubasher: Zahrat Al Waha for Trading Company announced that it will distribute cash dividends to its shareholders for the first half (H1) of the year on 2 December 2019. Arab National Bank (ANB) will distribute dividends to the …