Nayifat Finance Co. (4081)

Riyadh – Mubasher: Saleh Nasser Al Omair, Chairman of Nayifat Finance Company, has resigned from his position as Chairman and from his membership in the board and its committees. The resignation is ascribed to the different views on the mechanism …

Riyadh – Mubasher: Nayifat Finance Company recorded net profits worth SAR 17.17 million during the first quarter (Q1) of 2024, signalling a 47.07% plunge from SAR 32.45 million in Q1-23. The revenues also plummeted by 14.60% to SAR 85.74 million …

Riyadh – Mubasher: Bandar bin Mohammed Al Baiz resigned from his position as the Managing Director and the CEO of Nayifat Finance Company, effective on 25 April 2024. Al Baiz submitted his resignation, on 21 April, due to personal circumstances, …

Riyadh – Mubasher: The net profits of Nayifat Finance Company plummeted by 48.26% to SAR 88.71 million in 2023 from SAR 171.45 million in 2022. The revenues amounted to SAR 396.96 million as of 31 December 2023, up 1.18% year-on-year (YoY) from …

Riyadh – Mubasher: Nayifat Finance Company posted a 46.16% year-on-year (YoY) drop in net profit after Zakat and tax to SAR 72.84 million during the first nine months (9M) of 2023, versus SAR 135.30 million. Earnings per share (EPS) stood at SAR …

Riyadh – Mubasher: Nayifat Finance Company registered net profits after Zakat and tax standing at SAR 53.70 million in the first half (H1) of 2023, down 42.41% year-on-year (YoY) from SAR 93.26 million Revenues increased by 4.54% to SAR 202.32 …

Riyadh – Mubasher: The net profits after zakat and tax of Nayifat Finance Company plunged by 34.47% year-on-year (YoY) to SAR 32.45 million in the first quarter (Q1) of 2023, versus SAR 49.52 million. The Saudi firm posted revenues amounting to …

Riyadh – Mubasher: Nayifat Finance Company logged net profits after Zakat and tax worth SAR 171.45 million in 2022, an annual decrease of 23.83% from SAR 225.08 million. Revenues amounted to SAR 392.33 million in the January-December 2022 period, …

Riyadh – Mubasher: The board of Nayifat Finance Company suggested to increase the capital by 20% through the issuance of one bonus share for every five existing shares, according to a bourse filing. Following the raise, the new capital will stand …

Riyadh – Mubasher: Nayifat Finance Company recorded a 22.08% drop in net profit after Zakat and tax to SAR 135.30 million during the first nine months (9M) of 2022, versus SAR 173.64 million in 9M-21. The firm generated revenues worth SAR 293.61 …

Riyadh – Mubasher: Nayifat Finance Company has announced Saleh Nasser Suleiman Al Omair as the new Chairman of the board. The firm also named AbdulMohsin Mohammed AbdulRahman Al Saleh as the Vice Chairman, according to a recent bourse disclosure. …

Riyadh – Mubasher: Nayifat Finance Company has appointed Bandar Mohammed Ahmed Al Baiz as its new Managing Director and CEO, according to a bourse filing on Tuesday. Al Baiz succeeded Abdulmohsen Abdulrahman Musaed Al Sowailem, who submitted his …

Riyadh – Mubasher: Nayifat Finance Company logged net profits after Zakat and tax worth SAR 93.26 million in the first half (H1) of 2022, a year-on-year (YoY) decrease of 19.61% from SAR 116.02 million. Revenues edged down by 1.75% YoY in H1-22 to …

Riyadh – Mubasher: Geidea, a Saudi Arabia-based fintech company, has partnered with Nayifat Finance Company to offer various payment solutions. Geidea's point-of-sale (POS) terminals and tap-on-phone solutions will enable Nayifat’s customers, …

Riyadh – Mubasher: Nayifat Finance Company has announced the resignation of Abdulmohsen Abdulrahman Musaed Al Sowailem from his position as the company’s CEO and Managing Director. Al Sowailem submitted his resignation on 22 May due to personal …

Riyadh – Mubasher: The board of Nayifat Finance Company has announced a cash dividend distribution of SAR 0.75 per share for both the fourth quarter (Q4) of 2021 as well as Q1-22. The Saudi listed firm will pay out a total of SAR 75 million, …

Riyadh – Mubasher: Nayifat Finance Company has registered net profits after Zakat and tax worth SAR 49.52 million during the first quarter (Q1) of 2022, down 14.50% from SAR 57.92 million in Q1-21. The Saudi listed company generated SAR 94.43 …

Riyadh – Mubasher: Nayifat Finance Company has opened its 28th branch in Al Majmaah, according to a bourse filing on Tuesday. The company noted that the new unit will widen its network across the Kingdom. Nayifat added that the new branch in Al …

Riyadh – Mubasher: Nayifat Finance Company will distribute a cash dividend of SAR 0.75 per share for the second (Q2) and third quarter (Q3) of 2021. The company will pay a total amount of SAR 75 million, representing 7.5% of its capital, for 100 …