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Batic Investments and Logistics Co (4110)

Last update: 14 October 03:19 PM market time.
46.45
0.15
0.32%
Open 46.50
Previous Close 46.30
High 47.40
Low 46.35
Stock Statistics
Volume 2,152,078
Turnover 100,944,084.75
All data are 15 minutes late during market session

News

The financial impact of the deal will take place in Q4-21
4 October 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 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 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 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 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 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 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 …
Al Jazira Capital has been appointed as the financial advisor for the offering
15 April 10:38 AM Batic seeks SAR 300m capital raise
Riyadh – Mubasher: The board of Batic Investments and Logistics Company on 14 April recommended a capital increase by SAR 300 million through the offering of a rights issue, according to a disclosure to Tadawul on Thursday. Batic aims to finance …
The MoU duration is four months
14 April 11:24 AM Batic acquires stake in Smart Cities
Riyadh – Mubasher: Batic Investments and Logistics Company signed on 13 April a memorandum of understanding (MoU) with Smart Parking Holding Company to acquire 34.4% of Smart Cities Solutions Company, according to a bourse filing on Wednesday. The …
Photo Archive
10 November 2020 01:45 PM Saudi transport sector suffers losses in Q3
Riyadh – Mubasher: Five Tadawul-listed transport companies moved to losses during the third quarter (Q3) of 2020 as revenues from activities plunged due to the adverse effects of the coronavirus crisis. The companies suffered a loss of SAR 130.83 …
Batic's quarterly revenue jumped by 64.8% annually to SAR 190.7 million.
9 November 2020 10:33 AM Batic quarterly earnings jump 343%
Riyadh – Mubasher: Batic Investments and Logistics Company’s (Batic) third-quarter profits rose by 343.7% on a year-on-year (YoY) basis to SAR 9.16 million, compared with SAR 2.1 million a year earlier.    The rise in quarterly earnings was …
The transport sector posted a profit of SAR 180.4 million in Q2-19
26 August 2020 04:00 PM Coronavirus pushes Saudi transport sector to SAR 264.7m quarterly loss
Riyadh – Mubasher: The coronavirus crisis and its repercussions have led the Saudi transport sector to suffer SAR 264.7 million worth of losses during the second quarter (Q2) of 2020 amidst halt and suspension of most flights as part of the …
Batic will own a majority stake of 60% in the new company's capital
29 June 2020 00:36 PM Batic sets up AlShifa Technology via partnership
Riyadh – Mubasher: Batic Investments and Logistics Company (Batic) has entered into a new partnership agreement with AlShifa Medical Technology Company on 28 June to establish AlShifa Technology Company in Saudi Arabia. Batic will own a majority …
The partnership is in line with the Saudi Vision 2030
29 June 2020 10:27 AM Batic, Huawei sign smart cities strategic partnership
Riyadh – Mubasher: Batic Investments and Logistics Company (Batic) has sealed a deal with Huawei to provide innovative smart city solutions in Saudi Arabia in tandem with the digital transformation initiatives and the Saudi Vision 2030. The deal …
The company’s revenues fell to SAR 463.95 million
1 March 2020 10:33 AM Batic’s profit drops 51% in 2019
Riyadh – Mubasher: Batic Investments and Logistics Company (Batic) reported a 51.37% year-on-year slide in its net profits during 2019. The Saudi firm’s net profits after Zakat and tax declined to SAR 6.9 million last year from SAR 14.2 million in …
The financing was guaranteed through a bond of its total amount
9 February 2020 00:57 PM Batic’s unit obtains SAR 79m loan from Emirates NBD
 Riyadh – Mubasher: The subsidiary of Batic Investments and Logistics Company (Batic), Arabian Security & Safety Services Company (Amnco), has been granted a seven-year sharia-compliant credit facility worth SAR 79 million ($21 million) from …
The four-month deal will be valid until 1 March 2020
3 November 2019 00:37 PM Batic unit, Saudi Huawei pen MoU for smart city solutions
Riyadh – Mubasher: National Parking Company (Mawgif), indirectly owned by Batic Investments and Logistics Company (Batic) has signed a memorandum of understanding (MoU) with Saudi Huawei to form a strategic partnership. The four-month deal will be …
Total revenues plunged by 9% to SAR 115.7 million in Q3-19
31 October 2019 05:18 PM Batic’s Q3 profits down 45%
Riyadh – Mubasher: Batic Investments and Logistics Company revealed its interim consolidated financial results for the third quarter of 2019. Net profits after zakat and tax fell by 44.6% year-on-year to SAR 2.06 million in Q3-19, according to a …
Batic accepted the resignation of Fahad Al Qatami in July
17 September 2019 01:30 PM Batic names Majed Al Eissa as new CEO
Riyadh – Mubasher: The board of directors of Batic Investments and Logistics Co has appointed Majed bin Abdullah Al Eissa as the new CEO effective from 22 September 2019. The new appointment came after the period during which Turki Al Thunayan was …
Batic’s subsidiary Amnco owns a 40% stake in Mawgif
8 September 2019 00:23 PM Batic’s unit, Saudi gov’t ink SAR 1.24bn deals
Riyadh – Mubasher: Batic Investments and Logistics Co announced that National Parking Company (Mawgif) signed two construction, development, and operation contracts with the Saudi Ministry of Municipal and Rural Affairs. Batic’s subsidiary Arabian …
Profit dropped to SAR 3.73m in 6M
8 August 2019 07:06 PM Batic’s profit goes down in Q2-19
Riyadh – Mubasher: Saudi Arabia-based Batic Investments and Logistics Company posted a 7.3% year-on-year profit decline during the second quarter of 2019, recording SAR 1.8 million. The decline in the company’s profit was attributed to the decline …
Al Thunayan will have the post until electing a new CEO
11 June 2019 01:16 PM Batic names Turki Al Thunayan as acting CEO
Riyadh – Mubasher: Batic Investments and Logistics Company has appointed Turki Al Thunayan as acting CEO of the company after the resignation of Fahad Al Guthami for personal reasons. Al Thunayan will have the post until electing a new CEO, …
The stock-swap deals were cancelled based on the request of the parties
31 March 2019 05:29 PM BATIC terminates acquisition deals of Al Muhaidib, Himmah Logistics
Riyadh – Mubasher: Saudi Arabia-based BATIC Investment and Logistics Company (BATIC) on Sunday announced the termination of two agreements to fully acquire Al Muhaidib Land Transport Co. and Himmah Logistics Company. The stock-swap deals were …
AMNCO will provide various security services and officers for Jabal Omar’s development projects in Makkah
28 March 2019 11:52 AM BATIC’s unit inks SAR 21.13m security deal
Riyadh – Mubasher: Saudi Arabia-based BATIC Investment and Logistics Company on Thursday announced that its 94.88% subsidiary, Arabian Security and Safety Services Co (AMNCO), signed one-year contracts with a combined value of SAR 21.13 million. …
The transaction will be financed through loans provided by the Arab National Bank
17 January 2019 04:52 PM Saudi Batic buys SAR 33.5m facility from Jazadco
Riyadh – Mubasher: Saudi Arabia-based BATIC Investment and Logistics Company has announced purchasing a SAR 33.5 million commercial building owned by Jazan Development Company (Jazadco). The transaction will be financed through loans provided by …