Arriyadh Development Co (ARDCO) News - Mubasher Info
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Arriyadh Development Co (4150)

Last update: 10:50 AM market time.
22.50
2.56
12.84%
Open 22.96
Previous Close 19.94
High 22.96
Low 22.44
Stock Statistics
Volume 52,891
Turnover 1,200,962.70
All data are 15 minutes late during market session

News

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24 April 02:13 PM Arriyadh Development unveils SAR 89m cash dividends
Riyadh – Mubasher: Arriyadh Development Company announced the shareholders’ approval for SAR  0.25 per share for the second half (H2) of 2023, according to a bourse filing. This is in addition to SAR 0.25 per share as an exceptional distribution …
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10 March 01:24 PM Arriyadh Development’s net profit shrinks 10% YoY in 2023
Riyadh – Mubasher: Arriyadh Development Company reported a 9.62% year-on-year (YoY) decline in net profit to SAR 271.50 million in 2023 from SAR 300.40 million. On the other hand, revenues soared 31.02% YoY to SAR 339.20 million last year from SAR …
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29 October 2023 04:24 PM Arriyadh Development’s net profits exceed SAR 122m in 9M-23
Riyadh – Mubasher: Arriyadh Development Company witnessed 53.35% lower net profits after Zakat and tax at SAR 122.10 million in the first nine months (9M) of 2023, versus SAR 261.73 million in 9M-22. Revenues hit SAR 216.87 million as of 30 …
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30 July 2023 03:45 PM Arriyadh Development logs lower profits in H1-23; dividends unveiled
Riyadh – Mubasher: The net profits after Zakat and tax of Arriyadh Development Company reached SAR 75.67 million in the first half (H1) of 2023, down 61.45% year-on-year (YoY) from SAR 196.30 million. Revenues enlarged by 11.10% to SAR 138.88 …
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11 May 2023 09:27 AM Arriyadh Development’s profits shrink nearly 77% in Q1-23
Riyadh – Mubasher: Arriyadh Development Company logged net profits after Zakat and tax valued at SAR 32.40 million in the first quarter (Q1) of 2023, lower by 76.69% than SAR 139 million in Q1-22. The revenues amounted to SAR 69.30 million in …
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1 May 2023 01:53 PM Arriyadh Development to pay SAR 44.5m dividends for H2-22
Riyadh – Mubasher: Arriyadh Development Company announced cash dividends amounting to SAR 44.44 million, equivalent to 2.50% of the capital, for the second half (H2) of 2022. The Saudi firm will grant SAR 0.25 per share for 177.77 million eligible …
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23 March 2023 03:18 PM Arriyadh Development unveils lower profits in 2022, dividends proposal
Riyadh – Mubasher: The net profits after Zakat and tax of Arriyadh Development Company hit SAR 300.40 million in 2022, a 5.62% year-on-year (YoY) decline from SAR 318.30 million. Revenues grew by 3.19% to SAR 258.90 million in the January-December …
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1 November 2022 05:49 PM Arriyadh Development logs nearly 262m profits in 9M-22
Riyadh – Mubasher: Arriyadh Development Company witnessed a 19.52% lower net profit after Zakat and tax at SAR 261.73 million in the first nine months (9M) of 2022, versus SAR 325.20 million in 9M-21. Revenues inched up by 0.32% year-on-year (YoY) …
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29 September 2022 05:40 PM Arriyadh Development to pay SAR 0.25/shr dividend for H1-22
Riyadh – Mubasher: Arriyadh Development Company has decided to disburse a dividend of SAR 0.25 per share, representing 2.50% of the share nominal value, for the first half (H1) of 2022. The Tadawul-listed firm will pay out a total of SAR 44.44 …
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2 August 2022 00:32 PM Arriyadh Development’s profits fall 23% in H1-22 initial results
Riyadh – Mubasher: Arriyadh Development Company has logged net profits after Zakat and tax of SAR 196.30 million during the first half (H1) of 2022, an annual drop of 22.85% from SAR 254.44 million. Revenues inched down by 0.91% year-on-year (YoY) …
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20 April 2022 05:19 PM Arriyadh Development witnesses 25% higher profits in Q1-22 initial financials
Riyadh – Mubasher: Arriyadh Development Company has posted a 25.22% year-on-year (YoY) hike in net profits after Zakat and tax to SAR 139 million during the first quarter (Q1) of 2022, compared to SAR 111 million. During the January-March period …
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31 March 2022 02:43 PM Arriyadh Development sells parts of Tanal scheme for SAR 250m
Riyadh–Mubasher: Tanal Investment and Real Estate Development Company, a subsidiary of Arriyadh Development Company, has sold parts of the Tanal lands at a value of SAR 249.92 million. A total area of 151,46 square metres of the Tanal lands has …
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20 February 2022 10:12 AM Arriyadh Development sees 40% higher profits in 2021; dividends recommended
Riyadh – Mubasher: Arriyadh Development Company recorded a 39.67% higher net profits after Zakat and tax to SAR 318.3 million in 2021, compared to SAR 227.9 million in the earlier year. The company's revenues increased by 5.55% year-on-year (YoY) …
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17 November 2021 10:52 AM Arriyadh Development's unit repays SAR 800m credit facilities
Riyadh – Mubasher: Tanal Investment and Real Estate Development Company, a subsidiary of Arriyadh Development Company, has paid off a SAR 800 million loan granted from a bank in Saudi Arabia in an early repayment. Arriyadh Development Company has …
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21 October 2021 11:31 AM Arriyadh Development records SAR 71m profits in Q3-21
Riyadh – Mubasher: Arriyadh Development Company achieved net profits after Zakat and tax worth SAR 70.8 million during the third quarter (Q3) of 2021, rising by 28.4% from SAR 55.1 million in Q3-20. Sales rose by 3.6% to SAR 61.9 million in Q3-21 …
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26 September 2021 10:01 AM Arriyadh Development appoints new CEO
Riyadh – Mubasher: The board of Arriyadh Development Company decided to appoint Jihad bin Abdul Rahman Al Qadi as the new CEO of the firm. Al Qadi will assume his new position as of 1 December 2021, according to a bourse filing on Sunday. The …
Earnings per share stood at SAR 1.43 in H1-21
14 July 2021 11:10 AM Arriyadh Development records SAR 254m profits in H1; dividends announced
Riyadh – Mubasher: Arriyadh Development Company registered a net profit after Zakat and tax worth SAR 254.44 million in the first half (H1) of 2021, higher by 183.6% compared to SAR 89.7 million in H1-20. Earnings per share stood at SAR 1.43 in …
Arriyadh Development will pay SAR 0.65 per share as H2-20 dividends
19 April 2021 11:56 AM Arriyadh Development approves 6.5% dividends for H2-20
Riyadh – Mubasher: The shareholders of Arriyadh Development gave the green light for distributing 6.5% of the capital as cash dividends for the second half (H2) of 2020, according to a bourse filing on Monday. The company will pay SAR 0.65 per …
Arriyadh Development Company holds a 69.38% stake in the sales
21 March 2021 11:01 AM Arriyadh Development announces SAR 576m sale contract signing for project scheme
Riyadh – Mubasher: Arriyadh Development Company has announced the signing of SAR 576.01 million contracts to sell parts of a project scheme, representing a plot of 357,533 square metres. On 18 March, Arriyadh received a letter from Adeer Real …
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11 March 2021 08:49 AM Arriyadh Development plans SAR 0.65/shr dividends for H2-20
Riyadh – Mubasher: Arriyadh Development Company’s board recommended paying SAR 0.65 per share or a total of SAR 115.6 million in cash dividends to shareholders for the second half (H2) of 2020. In H1-20, the company paid cash dividends of SAR 0.50 …
Revenues were down by 2.5% annually during the July-September period.
25 October 2020 09:44 AM Arriyadh Development logs 34% higher profit in Q3
Riyadh – Mubasher: Arriyadh Development Company saw a 34.7% annual increase in profits over the third quarter (Q3) of 2020 at SAR 55.1 million.   This increase was supported by gains from the firm’s results from associates, according to a bourse …
The Saudi firm recorded the highest dividend payout ratio in the past 12 months
9 August 2020 04:02 PM Arriyadh Development ranks 1st amongst Tadawul-listed real estate developers
Riyadh – Mubasher: Arriyadh Development Company held the first spot among real estate developers listed on the Saudi Stock Exchange (Tadawul) as per the evaluation issued by Bloomberg L.P. on 20 July 2020. The Saudi firm generated the highest …
The profits amounted to SAR 54.56 million in Q2-20
22 July 2020 04:15 PM Arriyadh Development’s profits up 9% in Q2-20
Riyadh – Mubasher: Arriyadh Development Company generated net profits of SAR 54.56 million in the second quarter (Q2) of 2020, an increase of 9% from SAR 50.04 million logged in the corresponding quarter in 2019. Revenue retreated by 10.7% on a …
Revenues stood at SAR 57 million during the first quarter
20 April 2020 01:55 PM Arriyadh Development profit down 18% in Q1
Riyadh – Mubasher: Arriyadh Development Company reported an 18% decline in net profit for the first quarter (Q1) of 2020 to SAR 35.1 million, compared with SAR 42.8 million for Q1-19. The decrease in net profits was attributed to reduced operating …
Net profit amounted to SAR 32 million in Q4-19
12 March 2020 11:39 AM Arriyadh Development logs 19% lower profit in 2019; dividends proposed for H2
Riyadh – Mubasher: Arriyadh Development Company reported a net profit after tax and Zakat worth SAR 165.8 million during 2019, compared to SAR 203.93 million in 2018, down by 18.7%. The Saudi firm attributed the declining annual earnings to lower …