Makkah Construction and Development Co (4100)

Riyadh – Mubasher: The net profit of Makkah Construction and Development Company leapt 114.10% year-on-year (YoY) to SAR 334 million in 2023 from SAR 156 million. Revenues soared 58.57% YoY to SAR 731 million last year from SAR 461 million, …

Riyadh – Mubasher: Jabal Omar Development Company penned two debt settlement agreements with Central District Cooling Company and Makkah Construction and Development Company. The board members of Jabal Omar recommended a capital hike by way of …

Riyadh – Mubasher: The net profits after Zakat and tax of Makkah Construction and Development Company amounted to SAR 256 million in the first nine months (9M) of 2023. The recorded net profits were higher by 124.56% year-on-year (YoY) than SAR …

Riyadh – Mubasher: Makkah Construction and Development Company named Fahad Mohammad Saleh Al Fawaz as its new CEO, according to a bourse disclosure. The board members accepted Al Fawaz’s appointment on 7 September, yet he will take over his new …

Riyadh – Mubasher: Makkah Construction and Development Company achieved a net profit after Zakat and tax worth SAR 187 million in the first half (H1) of 2023, marking a 128.05% annual surge from SAR 82 million. The earnings per share (EPS) rose to …

Riyadh – Mubasher: Makkah Construction and Development Company named Saleh Muhammad Awad bin Laden as the new Chairman of the board for the coming three years. The Saudi firm also appointed Abdul Raouf Muhammad Abdullah Manna as the Vice Chairman, …

Riyadh – Mubasher: Makkah Construction and Development Company recorded net profits after Zakat and tax amounting to SAR 65 million in the first quarter (Q1) of 2023, an annual jump of 622.22% from SAR 9 million. The revenues stood at SAR 140 …

Riyadh – Mubasher: The net profits after Zakat and tax of Makkah Construction and Development Company reached SAR 104 million in 2022, higher by 85.71% than SAR 56 million in 2021. Revenues surged by 21.63% year-on-year (YoY) to SAR 253 million …

Riyadh – Mubasher: Makkah Construction and Development Company recorded a 383.33% year-on-year (YoY) leap in net profit after Zakat and tax to SAR 58 million during the 13 June-30 September 2022 period, versus SAR 12 million. During the period …

Riyadh – Mubasher: Makkah Construction and Development Company has turned to net profits after Zakat and tax of SAR 86 million during the first half (H1) of 2022, versus net losses of SAR 14 million in H1-21. The company also posted earnings per …

Riyadh – Mubasher: Makkah Construction and Development Company has recorded net profits after Zakat and tax worth SAR 9 million during the first quarter (Q1) of 2022, against net losses of SAR 11 million in Q1-21. The company’s revenues stood at …

Riyadh – Mubasher: Makkah Construction and Development Company achieved net profits after Zakat and tax of SAR 12 million in the third quarter (Q3) of 2021, versus losses of SAR 29 million in Q3-20. Sales jumped 800% to SAR 45 million in Q3-21 …

Riyadh – Mubasher: Makkah Construction and Development Company incurred net losses after Zakat and tax worth SAR 14 million in the first half (H1) of 2021, against net profits of SAR 15 million in H1-20. The company posted a loss per share of SAR …

Riyadh – Mubasher: The shareholders of Makkah Construction and Development approved, during the ordinary general meeting (OGM) on Monday, the board’s recommendation of not distributing cash dividends for 2020. The shareholders reached this …

Riyadh – Mubasher: Makkah Construction and Development Company swung to net losses of SAR 59 million in 2020, against net profits of SAR 236 million in 2019. The move to loss was due to the decrease in revenues and occupancy rates of the …

Riyadh – Mubasher: Makkah Construction and Development Company’s board approved by circulation exempting tenants at the company’s shopping centre from rental fees for a period of six months. The move aims to support the centre’s tenants amidst the …

Riyadh – Mubasher: Makkah Construction and Development Company turned to losses of SAR 25 million in the second quarter (Q2) ending 30 June 2020, versus net profits of SAR 87 million in the corresponding period in 2019. The move to losses is …

Riyadh – Mubasher: Makkah Construction and Development Company has logged SAR 41 million in net profits after Zakat and tax over the first quarter (Q1) of 2020, compared with SAR 48 million, posting a 14.5% year-on-year (YoY) decline. Sales …

Riyadh – Mubasher: Makkah Construction and Development Company reported a 16.6% year-on-year decline in its net profits for the fiscal year 2019. Net profits after Zakat and taxes slid to SAR 236 million last year, compared to SAR 283 million in …

Riyadh – Mubasher: Makkah Construction and Development Company has signed a SAR 450 million credit facility with Bank Albilad. The nine-year facility will be used to finance renovation and development in hotels and towers in Makkah, according to …

Riyadh – Mubasher: Makkah Construction and Development Company reported a 9.7% year-on-year drop in its net profits during the third quarter of 2019, registering SAR 74 million. Revenues of the Saudi firm decreased by 10.4% to SAR 129 million in …

Riyadh – Mubasher: Makkah Construction and Development Company reported its interim financial results for the second quarter of 2019. Net profits after zakat and tax grew by 24.28% to SAR 87 million in Q2-19, compared to SAR 70 million in Q2-18, …

Riyadh – Mubasher: Millennium Hotels and Resorts Middle East and Africa has addressed its guests “with deep regrets” for the inconvenience they might have encountered during their stay at Makkah Millennium Hotel and Towers following the recent …

Riyadh – Mubasher: Makkah Construction and Development Co announced that it has terminated any contracts with its subsidiary in Makkah City, Millennium and Copthorne Middle East Holdings Limited company. Makkah Construction has ended the agreement …

Riyadh – Mubasher: Makkah Construction and Development Company (MCDC) on Thursday reported a 2.13% year-on-year profit increase during the first quarter of the current fiscal year. MCDC’s profit after zakat and taxes reached SAR 48 million in the …