Batic Investments and Logistics Co (BATIC) News - Mubasher Info
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Batic Investments and Logistics Co (4110)

Last update: 03:19 PM market time.
3.26
1.45
80.11%
Open 3.25
Previous Close 1.81
High 3.30
Low 3.23
Stock Statistics
Volume 3,598,221
Turnover 11,739,097.93
All data are 15 minutes late during market session

News

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12:53 PM Batic Investments unveils SAR 40m contract with Majid Al Futtaim
Riyadh – Mubasher: AMNCO Facility Management Company, a subsidiary of Batic Investments and Logistics Company’s unit Arabian Security and Safety Services Company (AMNCO), was awarded and signed a contract worth more than SAR 40 million with the …
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21 April 11:57 AM Batic Investments inks 10-year deal with solutions
Riyadh – Mubasher: Smart Cities Solutions Company, a subsidiary of Batic Investments and Logistics Company penned an agreement with Arabian Internet and Telecommunication Services Company (solutions) on 20 April 2024. The joint deal covers the …
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8 November 2023 04:06 PM Batic Investments’ net loss drops 75% in 9M-23
Riyadh – Mubasher: The net loss after Zakat and tax of Batic Investments and Logistics Company decreased by 75.33% to reach SAR 6.08 million in the first nine months (9M) of 2023, compared to SAR 24.67 million in 9M-22.  The loss per share edged …
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21 May 2023 09:27 AM Batic Investments unveils 93% plunge in Q1-23 profits, accumulated losses
Riyadh – Mubasher: Batic Investments and Logistics Company recorded 93.39% lower net profits after Zakat and tax at SAR 55,671 in the first quarter (Q1) of 2023, versus SAR 842,232 in Q1-22. The revenues hit SAR 114.20 million in the January-March …
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5 April 2023 07:13 PM Batic Investments announces key appointments
Riyadh – Mubasher: Batic Investments and Logistics Company has named Turki Ibrahim AlRajhi as the Chairman of the board for the coming three years. The Saudi firm also appointed Feras Khalid Al Bawardi as the Vice Chairman for the same period, …
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12 March 2023 01:14 PM Batic Investments’ losses hike 219.5% in 2022; accumulated losses announced
Riyadh – Mubasher: Batic Investments and Logistics Company incurred net losses after Zakat and tax worth SAR 30.83 million in 2022, an annual leap of 219.59% from SAR 9.64 million. The revenues amounted to SAR 427.49 million last year, down 9.97% …
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13 November 2022 10:58 AM Batic Investments shifts to losses in 9M-22; accumulated losses hit 5% of capital
Riyadh – Mubasher: Batic Investments and Logistics Company swung to net losses after Zakat and tax worth SAR 24.67 million in the first nine months (9M) of 2022, against net profits of SAR 600,574 in the year-ago period. Revenues declined by …
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28 August 2022 07:33 PM Batic Investments swings to SAR 12m losses in H1-22; accumulated losses announced
Riyadh – Mubasher: Batic Investments and Logistics Company turned to net losses after Zakat and tax worth SAR 11.88 million in the first half (H1) of 2022, versus net profits of SAR 131,242 in H1-21. The company generated revenues of SAR 210.08 …
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19 June 2022 07:33 PM Batic Investments appoints new Vice Chairman
Riyadh – Mubasher: Batic Investments and Logistics Company has named Fahad Mubarak Al Guthami as the new Vice Chairman of its board. Al Guthami assumed his new role on 16 June this year and will remain in position till 2 April 2023, according to a …
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31 May 2022 09:38 AM Batic Investment’s unit acquires land in Al Madinah for SAR 126m
Riyadh – Mubasher: Batic Real Estate Company, a fully-owned subsidiary of Batic Investment and Logistics Company, has purchased a plot of land in Al Madinah in exchange for SAR 126.38 million. Located in Quritha district at Al Madinah, the plot …
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26 May 2022 09:51 AM Batic Investments' unit inks SAR 200m facility with Al Rajhi Bank
Riyadh – Mubasher: Batic Real Estate Co, a fully-owned subsidiary of Batic Investments and Logistics Company, has inked a Shariah-compliant facility agreement worth SAR 200 million with Al Rajhi Bank. Part of the 36-month facilities was used with …
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23 May 2022 06:03 PM Batic Investments turns to profitability in Q1-22 initial financials, unveils accumulated losses
Riyadh – Mubasher: Batic Investments and Logistics Company has achieved net profits after Zakat and tax worth SAR 842,232 in the first quarter (Q1) of 2022, versus net losses of SAR 3.22 million in Q1-21. Revenues fell by 11.30% to SAR 109.66 …
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27 March 2022 02:30 PM Batic Investments suffers SAR 10m losses in 2021
Riyadh – Mubasher: Batic Investments and Logistics Company has incurred net losses after Zakat and tax at a value of SAR 9.64 million in 2021, an annual decrease of 16.95% from SAR 11.61 million. Revenues stood at SAR 474.82 million in 2021, down …
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18 January 2022 02:11 PM Batic’s subsidiary inks SAR 422m contract for smart parking project
Riyadh - Mubasher: Smart Cities Solutions Company, a subsidiary of Batic Investments and Logistics Company, has signed a SAR 422.12 million contract to rent, develop, and operate smart parking lots in downtown Buraydah in Al Qassim. The contract’s …
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13 January 2022 04:40 PM Batic inks SAR 12m agreement to acquire stake in Smart Cities Solutions for Communications
Riyadh – Mubasher: Batic Investment and Logistics Company has signed an agreement to purchase the entire shares owned by Smart Solutions Co. in the capital of Smart Cities Solutions for Communications and Information Technology (IT) in exchange …
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26 December 2021 11:32 AM Batic's right issues 85% subscribed
Riyadh – Mubasher: Batic Investments and Logistics' right issues were 84.9% subscribed at a total value of SAR 254.7 million. A total of 25.47 million shares were subscribed from the newly offered shares out of a total number of 30 million new …
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9 December 2021 05:43 PM Batic’s subsidiary pens SAR 116m deals with Saudi Binladin Group
Riyadh – Mubasher: AMNCO, a subsidiary of Batic Investments and Logistics, signed two agreements with Saudi Binladin Group - Al-Haramain Sector to provide services to the warehouses and projects of Shamiya. The value of the two deals combined is …
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7 December 2021 02:32 PM Batic’s shareholders approve 100% capital hike
Riyadh – Mubasher: The shareholders of Batic Investments and Logistics Company gave the green light for increasing the capital by 100% through a rights issue of 30 million shares. The new capital will stand at SAR 600 million distributed over 60 …
The financial impact of the deal will take place in Q4-21
4 October 2021 11:27 AM Batic completes acquisition of 35.8% of Smart Cities for SAR 108m
Riyadh – Mubasher: Batic Investment and Logistics Company has completed all procedures related to the acquisition of 35.8% of Smart Cities Solutions Company for Communication and Information Technology from Smart Parking Holding Company for a cash …
The listed company aims to purchase Smart Parking's stake
1 September 2021 10:10 AM Batic extends deal to acquire equity in Smart Cities Solutions
Riyadh – Mubasher: Batic Investment and Logistics Company has extended a sale and purchase agreement to acquire 35.8% equity in Smart Cities Solutions for Communications and Information Technology for one month until 30 September 2021. The listed …
The transaction value stands at SAR 35,000
26 August 2021 05:36 PM Batic acquires AMNCO’s stake in Smart City Solutions
Riyadh – Mubasher: Batic Investments and Logistics Company has signed a sale purchase agreement to acquire the entire shares of its subsidiary Arabian Security and Safety Solutions Company (AMNCO) in Smart City Solutions Company. The transaction …
Earnings per share stood at SAR 0.003 in H1-21
17 August 2021 01:35 PM Batic Investments turns profitable in H1-21
Riyadh – Mubasher: Batic Investments and Logistics Company registered net profits after Zakat and tax worth SAR 90,712 in the first half (H1) of 2021, against losses of SAR 10.31 million in H1-20. Earnings per share stood at SAR 0.003 in H1-21, …
The alliance will enable the companies to apply for qualification
29 July 2021 04:13 PM Batic Investments extends MoU to form alliance for project competition
Riyadh – Mubasher: Batic Investments and Logistics Company has extended a Memorandum of Understanding (MoU) with Almarshad Group Holding and Smart Cities Solutions Company to form an alliance. The alliance will enable the companies to apply …
The purchase value is estimated at SAR 107.78 million
2 May 2021 03:30 PM Batic acquires 36% stake in Smart Cities Solutions
Riyadh – Mubasher: Batic Investments and Logistics Company signed a sale purchase agreement with Smart Parking Holding Company to acquire a 35.8% stake in Smart Cities Solutions Company for Telecom and Information Technology. The purchase value is …
Batic's acquisition will be in cash consideration
27 April 2021 10:25 AM Batic acquires 40% equity in subsidiary
Riyadh – Mubasher: Batic Investments and Logistics Company has acquired 40% of the capital of its subsidiary AlShifa Technology Company, according to a bourse filing on Tuesday. The value of the transaction stood at SAR 40,000, which is the …