National Shipping Company of Saudi Arabia (4030)

Riyadh – Mubasher: The board of National Shipping Company of Saudi Arabia (Bahri) has recommended the distribution of SAR 406.05 million, or SAR 0.55, in cash dividends for 2023. The number of shares eligible for dividends amounts to 738.28 …

Riyadh – Mubasher: The net profits of the National Shipping Company of Saudi Arabia (Bahri) reached SAR 1.61 billion in 2023, higher by 55% than SAR 1.04 billion in 2022. Revenues hiked by 2.27% to SAR 8.77 billion last year from SAR 8.58 billion …

Riyadh – Mubasher: Bahri Logistics, one of the six business units of the National Shipping Company of Saudi Arabia (Bahri), has entered into an international freight forwarding service agreement with Saudi Arabia Railways (SAR). Under the …

Riyadh – Mubasher: The National Shipping Company of Saudi Arabia (Bahri) witnessed 161.93% higher net profits after Zakat and tax at SAR 1.21 billion during the first nine months (9M) of 2023. The recorded net profits were compared with SAR 462.79 …

Riyadh – Mubasher: The net profits after Zakat and tax of the National Shipping Company of Saudi Arabia (Bahri) hit SAR 987.87 million in the first half (H1) of 2023. The generated net profits hiked by 412.06% year-on-year (YoY) from SAR 192.92 …

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) recorded SAR 492.49 million in net profit after Zakat and tax during the first quarter (Q1) of 2023, higher by 658.84% than SAR 64.90 million in Q1-22. Bahri posted revenues …

Riyadh – Mubasher: The board of National Shipping Company of Saudi Arabia (Bahri) proposed to increase the capital by 50% to SAR 7.38 billion from SAR 4.92 billion through the issuance of one bonus share for every two owned shares. The new capital …

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) inked a non-binding memorandum of understanding (MoU) with the Suez Canal Authority (SCA) to establish an Egyptian joint-stock firm for maritime transport. Under the deal signed …

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) logged net profits after Zakat and tax worth SAR 1.04 billion in 2022, an annual leap of 440.93% from SAR 192.43 million. Revenues amounted to SAR 8.58 billion in the …

Riyadh – Mubasher: The National Shipping Company of Saudi Arabia (Bahri) has appointed Mohammed Abdulaziz Alsarhan as the new Chairman of the board. Bahri also named Fahad Abduljalil Al Saif to be the new Vice Chairman of the board, according to a …

Riyadh – Mubasher: Bahri Chemicals and Bahri Logistics, two business subsidiaries of the listed National Shipping Company of Saudi Arabia (Bahri), recently signed memoranda of understanding (MoUs) with Saudi Aramco Base Oil Company (Luberef) to …

Riyadh – Mubasher: The net profits after Zakat and tax of the National Shipping Company of Saudi Arabia (Bahri) reached SAR 462.79 million in the first nine months (9M) of 2022, higher by 360.67% than SAR 100.46 million in 9M-21. Bahri logged …

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) signed a non-binding memorandum of understanding (MoU) with National Gas and Industrialization Company (GASCO) on 3 October 2022 to set up a new business. Under the 12-month …

Riyadh – Mubasher: MENA’s largest shipyard, International Maritime Industries (IMI), signed a long-term agreement with Bahri Logistics, one of Bahri’s business units, to enhance its supply chain through cutting-edge warehousing and logistics …

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) has recorded net profits after Zakat and tax worth SAR 192.92 million in the first half (H1) of 2022, an annual hike of 133.93% from SAR 82.47 million. Revenues surged by 43.82% …

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) has issued a seven-year SAR-denominated senior unsecured Sukuk at a total value of SAR 3.90 billion, with the offering being oversubscribed by 1.95 times. Bahri will use the …

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) has closed the offering of SAR-denominated Sukuk at a total value of SAR 3.90 billion through a private placement. The total number of Sukuk notes reached 3,900 at a par value of …

Riyadh – Mubasher: The shareholders of National Shipping Company of Saudi Arabia (Bahri) have granted their green light to increase the company’s capital by 25% through bonus shares. The capital hike will be carried out by granting one bonus share …

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) intends to issue SAR-denominated Sukuk worth SAR 3.90 billion to refinance the existing Sukuk that will mature on 30 July this year. The Saudi listed company pointed out that …

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) has achieved an annual surge of 48.98% in net profits after tax to SAR 64.9 million during the first quarter (Q1) of 2022, compared to SAR 43.56 million. Earnings per share stood …

Riyadh – Mubasher: The Capital Market Authority (CMA) has given its green light for National Shipping Company of Saudi Arabia (Bahri) to increase its capital through 98.43 million bonus shares. The company will issue one bonus share for every four …

Riyadh – Mubasher: The board of the National Shipping Company of Saudi Arabia (Bahri) has recommended a 25% capital raise to SAR 4.92 billion from SAR 3.94 billion through bonus shares. To increase capital, the company will grant one bonus share …

Riyadh – Mubasher: The net profits after Zakat and tax of National Shipping Company of Saudi Arabia (Bahri) slipped by 87.75% to SAR 192.43 million in 2021, compared to SAR 1.57 billion in the earlier year. The company generated revenues of …

Riyadh – Mubasher: The board of the National Shipping Company of Saudi Arabia (Bahri) has approved on 19 December the resignation of its CEO, Abdullah Ali Al Dubaikhi, to pursue his career. Bahri noted that the resignation will be effective as of …

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) posted a year-on-year decline of 94% in net profits after Zakat and tax at SAR 17.99 million during the third quarter (Q3) of 2021, compared to SAR 313.74 million. Revenues also …