Sinad Holding Co. (4080)

Riyadh – Mubasher: Sinad Holding Company swung to losses in 2023, recording to a net loss of SAR 132.60 million in 2023, compared to a net profit of SAR 10.10 million a year earlier. Revenues declined by 8.02% YoY to SAR 1.61 billion last year …

Riyadh – Mubasher: The net losses after Zakat and tax of Sinad Holding Company hiked by 31.22% to SAR 84.90 million in the first nine months (9M) of 2023 from SAR 64.70 million in 9M-22. Revenues dropped by 9.68% to SAR 1.18 billion as of 30 …

Riyadh – Mubasher: Sinad Holding Company posted a 352% leap in net loss after Zakat and tax to SAR 45.20 million during the first half (H1) of 2023, compared to SAR 10 million in H1-22. The revenues amounted to SAR 777 million as of 30 June 2023, …

Riyadh – Mubasher: Sinad Holding Company turned to net losses after Zakat and tax worth SAR 21.50 million in the first quarter (Q1) of 2023, against net profits amounting to SAR 10.20 million in Q1-22. Revenues declined by 11.37% to SAR 419.20 …

Riyadh – Mubasher: Sinad Holding Company has named Jameel Abdullah Al Molhem as the new CEO, according to a bourse filing. The board members announced the appointment on 12 April, yet it will be effective on 28 May 2023. Al Molhem holds a …

Riyadh – Mubasher: Sinad Holding Company swung to net profits after Zakat and tax worth SAR 10.10 million in 2022, against net losses of SAR 63.50 million in 2021. The revenues amounted to SAR 1.76 billion in the January-December 2022 period, up …

Riyadh – Mubasher: Sinad Holding Company incurred net losses after Zakat and tax worth SAR 64.70 million in the first nine months (9M) of 2022, an annual leap of 125.44% from SAR 28.70 million. Revenues surged by 6.87% to SAR 1.32 billion during …

Riyadh – Mubasher: The net losses after Zakat and tax of Sinad Holding Company, formerly known as Aseer Trading, Tourism, and Manufacturing Company, enlarged by 354.55% to SAR 10 million in the first half (H1) of 2022, versus SAR 2.20 million. The …

Riyadh – Mubasher: Aseer Trading, Tourism, and Manufacturing Company (Aseer) has generated SAR 10.20 million in net profit after Zakat and tax during the first quarter (Q1) of 2022, versus net losses of SAR 1.40 million in Q1-21. Revenues stood at …

Riyadh – Mubasher: Aseer Trading, Tourism, and Manufacturing Company (Aseer) has incurred net losses after Zakat and tax worth SAR 63.5 million in 2021, an annual increase of 30.92% from SAR 48.5 million. The company’s revenues reached SAR 1.71 …

Riyadh – Mubasher: Aseer Trading, Tourism, and Manufacturing Company (Aseer) has obtained a short-term revolving Murabaha financing worth SAR 200 million from Al Rajhi Bank. The company will use the funding to meet working capital requirements, …

Riyadh – Mubasher: Aseer Trading, Tourism, and Manufacturing Company (Aseer) has obtained a short-term revolving Murabaha financing worth SAR 200 million from Saudi Investment Bank (SAIB). The financing will enable the company to repay an …

Riyadh – Mubasher: Al Rabie Saudi Foods Company, a subsidiary of Aseer Trading, Tourism and Manufacturing Company (Aseer), has secured Sharia-compliant credit facilities of SAR 342 million from Samba Financial Group. The credit facilities are a …

Riyadh – Mubasher: Aseer Trading, Tourism and Manufacturing Company (Aseer) said the court ruling issued last month in its favour against the seller of the land located in the north of Riyadh became enforceable as the objection period ended. On 8 …

Riyadh – Mubasher: Aseer Trading, Tourism and Manufacturing Company’s (Aseer) net losses for this year’s third quarter (Q3) tumbled by 83.2% to SAR 5.4 million from SAR 32.1 million in the year-ago period. The decrease in Q3-20 net loss was driven …

Riyadh – Mubasher: Aseer Trading, Tourism and Manufacturing Company (Aseer) on 8 November received a judgment of first instance in its favour from Riyadh General Court regarding a lawsuit it filed against the seller of the land plot located in the …

Riyadh – Mubasher: Aseer Trading, Tourism and Manufacturing Company (Aseer) reported a 613% year-on-year hike in losses during the third quarter of 2019, recording SAR 32.1 million. The company generated SAR 484.4 million in Q3-19, 0.14% lower …

Riyadh – Mubasher: The board of directors of Aseer Trading, Tourism and Manufacturing Company (Aseer) has approved the appointment of Abdullah Saleh Abdullah Kamel as the new chairman. Abdulaziz Mohammed Abdu Yamani was selected as the company’s …

Riyadh – Mubasher: Aseer Trading, Tourism, and Manufacturing Company turned to profit during the second quarter of 2019, compared to the corresponding period in 2018. Aseer reported a SAR 18.6 net profit in Q2-19, according to a bourse statement …

Riyadh – Mubasher: Aseer Trading, Tourism, and Manufacturing Co. on Thursday reported a 58.3% year-on-year decline in net profit during the first quarter of 2019, recording SAR 5 million. The company ascribed the decreased profits to the decline …

Riyadh – Mubasher: Aseer Trading, Tourism and Manufacturing Company on Thursday announced that the company’s shareholders had approved transferring SAR 94.11 million of statutory reserve to offset accumulated losses during an ordinary general …

Riyadh – Mubasher: Aseer Trading, Tourism and Manufacturing Company on Thursday said its profits declined 43.48% year-on-year for the first quarter of 2018. Net profits amounted to SAR 11.7 million down from SAR 20.7 million in Q1-17, according to …

Riyadh – Mubasher: Saudi Arabia-based Aseer Trading, Tourism and Manufacturing expected to post losses worth about SAR 371 million in the fourth quarter of 2017 that represents 14% of its net assets by the end of Q3-17. These losses were estimated …

Riyadh – Mubasher: Aseer Trading, Tourism and Manufacturing on Wednesday announced that it turned to profits during the third quarter of 2017, achieving SAR 4.4 million as compared to SAR 48.1 million in losses in the Q3-16. The increase in …

Riyadh - Mubasher: Aseer Trading, Tourism and Manufacturing posted a decline in net profits by 76.28% year-on-year in the second quarter of the year, and by 82.13% compared with the previous quarter, as shown by the company’s financial statements. …