Abdullah Al Othaim Markets Co (A.OTHAIM MARKET) News - Mubasher Info
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Abdullah Al Othaim Markets Co (4001)

Last update: 1 November 2023 03:17 PM market time.
13.00
-0.02
-0.15%
Open 13.00
Previous Close 13.02
High 13.08
Low 12.88
Stock Statistics
Volume 694,961
Turnover 9,015,105.56
All data are 15 minutes late during market session

News

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7 February 09:38 AM Othaim Markets logs SAR 487.5m profits in 2023
Riyadh – Mubasher: Abdullah Al Othaim Markets Company achieved SAR 487.51 million in net profit during 2023, marking a 54.83% year-on-year (YoY ) plunge from SAR 1.07 billion. The revenues hit SAR 10.20 billion as of 31 December 2023, up 6.85% …
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6 November 2023 00:49 PM Othaim Markets records 64.5%plunge in 9M-23 profits; sales up 8%
Riyadh – Mubasher: Abdullah Al Othaim Markets Company posted net profits after Zakat and tax amounting to SAR 321.82 million in the first nine months (9M) of 2023, an annual drop of 64.58% from SAR 908.71 million. Revenues increased by 8.26% …
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17 May 2023 11:41 AM Othaim Markets logs SAR 120m net profits in Q1-23
Riyadh – Mubasher: The net profit after Zakat and tax of Abdullah Al Othaim Markets Company hit SAR 120.01 million in the first quarter (Q1) of 2023, an annual increase of 17.91% from SAR 101.78 million. The firm posted revenues amounting to SAR …
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12 February 2023 00:35 PM Othaim Markets’ 2022 profits exceed SAR 1bn; dividends for Q4-22 unveiled
Riyadh – Mubasher: Abdullah Al Othaim Markets Company recorded net profits after Zakat and tax worth SAR 1.07 billion in 2022, higher by 259.57% than SAR 300.12 million a year earlier. Revenues amounted to SAR 9.56 billion in the January-December …
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9 January 2023 00:28 AM Othaim Markets appoints new CEO
Riyadh – Mubasher: Abdullah Al Othaim Markets Company has appointed Muaffag Abdullah Mubarah as the new CEO of the firm, based on the board’s resolution on 5 January 2023. Mubarah will commence his duties for the new role on 15 February this year, …
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16 November 2022 03:18 PM Othaim Markets to disburse exceptional dividends for Q3-22
Riyadh – Mubasher: The board of Abdullah Al Othaim Markets Company agreed to distribute exceptional interim cash dividends worth SAR 675 million for the third quarter (Q3) of 2022, according to a bourse filing on Wednesday. The Saudi firm will pay …
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7 November 2022 03:13 PM Othaim Markets reports SAR 882.5m profits in 9M-22; earnings in Q3 hike 1,559%
Riyadh – Mubasher: Abdullah Al Othaim Markets Company posted an annual leap of 486.48% in net profit after Zakat and tax to SAR 882.54 million in the first nine months (9M) of 2022, versus SAR 150.48 million. The sales increased by 12.83% …
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13 October 2022 03:42 PM Othaim Markets sells asset in Al Riyadh for SAR 186.5m
Riyadh – Mubasher: Abdullah Al Othaim Markets Company has sold a vacant land spanning 44,421 square metres in Al Riyadh city at a value of SAR 186.56 million. The Saudi firm sold the land to its subsidiary Abdullah Al Othaim Investment Company …
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28 September 2022 10:37 AM Othaim Markets exits unit, sells land
Riyadh – Mubasher: The ordinary general meeting (OGM) of Abdullah Al Othaim Markets Company has approved the transactions and contracts that will be concluded between the listed firm and Al Othaim Holding Company.  Shares owned by Othaim …
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18 August 2022 09:46 AM Othaim Markets’ profits up 30.6% in H1-22; dividends announced
Riyadh – Mubasher: Net profits of Abdullah Al Othaim Markets Company amounted to SAR 137.94 million over the first half (H1) of 2022, a year-on-year (YoY) growth of 30.61% when compared to SAR 105.61 million. Earnings per share (EPS) for H1-22 …
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13 July 2022 11:51 AM Othaim Markets' board approves Al Othaim Holding's SAR 846.5m offer
Riyadh – Mubasher: The board of Abdullah Al Othaim Markets Company has approved the offer submitted by Al Othaim Holding Company to buy all the shares of Abdullah Al Othaim in the Investment Company's capital in exchange for SAR 846.53 million. Al …
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11 May 2022 05:12 PM Othaim Markets sees 58% higher profits in Q1-22 initial financials
Riyadh – Mubasher: Abdullah Al Othaim Markets Company has logged net profits after Zakat and tax worth SAR 91.31 million in the first quarter (Q1) of 2022, up 58.30% from SAR 57.68 million in Q1-21. During the January-March 2022 period, the …
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17 March 2022 07:43 PM CMA approves IPOs of Al Othaim Investment, Retal
Riyadh – Mubasher: The Capital Market Authority (CMA) has approved the initial public offering (IPO) of Abdullah Al Othaim Investment Company, a subsidiary of the listed Abdullah Al Othaim Markets Company.  Al Othaim Investment plans to offer 30 …
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16 February 2022 05:05 PM Othaim Markets to distribute SAR 2/shr dividends for H2-21
Riyadh – Mubasher: Abdullah Al Othaim Markets Company announced the distribution of SAR 180 million, representing 20% of the capital, as cash dividends to shareholders for the second half (H2) of 2021. The dividends will be paid for a total of 90 …
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8 February 2022 05:36 PM Othaim Markets' profits down 32% in 2021
Riyadh – Mubasher: The net profits after Zakat and tax of Abdullah Al Othaim Markets Company slipped by 32.3% to SAR 305.11 million in 2021, compared to SAR 450.97 million a year earlier, the interim financial results showed on Tuesday. The …
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21 November 2021 03:22 PM Othaim Markets’ CEO resigns; Jamal succeeds
Riyadh – Mubasher: Abdullah Al Othaim Markets Company announced that Mohsen Saqer Hussein has submitted his resignation from the CEO position due to personal reasons. The company noted that Hussein’s resignation has been effective since 17 …
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10 November 2021 01:53 PM Othaim Markets records SAR 150.5m net profits in nine months
Riyadh – Mubasher: Abdullah Al Othaim Markets Company achieved net profits after Zakat and tax standing at SAR 150.48 million during the first nine months of 2021, lower by 47% than SAR 285.5 million in the same period last year. Earnings per …
Earnings per share declined to SAR 1.17 in H1-21
19 August 2021 02:10 PM Abdullah Al Othaim posts lower profits of SAR 106m in H1-21
Riyadh – Mubasher: Abdullah Al Othaim Markets Company registered a decline of 53% in net profits after Zakat and tax to SAR 105.61 million in the first half (H1) of 2021 from SAR 224.8 million in H1-20. Earnings per share declined to SAR 1.17 in …
The transaction was awarded by the National Center for Privatization
13 July 2021 05:50 PM Abdullah Al Othaim acquires Fourth Milling for SAR 859m
Riyadh – Mubasher: Abdullah Al Othaim Markets Company is acquiring the Fourth Milling Company for SAR 859 million, according to a bourse filing on Tuesday. The transaction was awarded by the National Center for Privatization to the consortium of …
The three firms will set up a holding company
21 April 2021 10:29 AM Abdullah Al Othaim in consortium awarded SAR 859m contract
Riyadh – Mubasher: Abdullah Al Othaim Markets Company, Allana International, and United Feed Manufacturing Company have been jointly awarded a contract worth SAR 859 million to acquire the Fourth Milling Company. The three firms will set up a …
The targeted firm is offered for privatisation by the Saudi Grains Organization
19 April 2021 11:20 AM Abdullah Al Othaim joins consortium to acquire firm
Riyadh – Mubasher: Abdullah Al Othaim Markets Company is entering into a consortium with Allana International Company and United Feed Manufacturing Company to jointly bid to acquire a milling company. The targeted firm is offered for privatisation …
The distribution is set to take place on 1 April 2021
14 March 2021 11:06 AM Al Othaim Markets to distribute SAR 3/shr dividends
Riyadh – Mubasher: Abdullah Al Othaim Markets Company announced the distribution of SAR 270 million interim cash dividends to shareholders for the second half (H2) of 2020. Dividends will be distributed at SAR 3 per share, representing 30% of the …
Revenue for the October-December period of 2020 slid by 2.6% annually.
11 February 2021 10:29 AM Abdullah Al Othaim sees 16.3% higher quarterly earnings
Riyadh – Mubasher: Abdullah Al Othaim Markets Company achieved 16.3% higher annual net earnings in the fourth quarter (Q4) of 2020 at SAR 165.48 million. The growth in quarterly profits was driven by a higher profit margin despite the decline in …
Revenue for the quarter ended in September reached SAR 1.81 billion.
9 November 2020 09:37 AM Al Othaim Markets Q3 profit falls 19%
Riyadh – Mubasher: Abdullah Al Othaim Markets Company generated SAR 60.69 in net profits during the third quarter (Q3) of this year, a drop of 19.5% when compared to SAR 75.38 million in the prior-year quarter. Revenue for the quarter ended in …
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23 August 2020 10:21 AM Abdullah Al Othaim to pay SAR 270m dividends for H1
Riyadh – Mubasher: Abdullah Al Othaim Markets Company will pay cash dividends of SAR 270 million to shareholders for the first half (H1) of 2020. The dividend amount is equivalent to SAR 3 per share and represents 30% of the share’s par value, …