Alandalus Property Co (4320)

Riyadh – Mubasher: Alandalus Property Company has signed a SAR 114.33 million lease agreement with the Expenditure and Projects Efficiency Authority to rent the Yasmine Alandalus office building for five years. The rental period will commence four …

Riyadh – Mubasher: Alandalus Property Company’s board of directors has approved appointing a new Chairman and a Vice Chairman. The new Chairman Abdulsalam bin Abdulrahman Al Aqeel and Vice Chairman Saleh bin Muhammad Al Habib will be non-executive …

Riyadh – Mubasher: Alandalus Property Company posted a 45.45% year-on-year (YoY) decline in net profit to SAR 36.42 million in 2023 from SAR 66.77 million. Revenues edged lower 0.44% YoY to SAR 215.16 million last year from SAR 216.11 million, …

Riyadh – Mubasher: Alandalus Property Company registered a 37.89% year-on-year (YoY) drop in net profit after Zakat and tax to SAR 33.10 million in the first nine months (9M) of 2023, versus SAR 53.29 million. The revenues went up by 2.05% YoY to …

Riyadh – Mubasher: Alandalus Property Company has purchased an office tower in Riyadh from Inma Alasima for Real Estate Development at a value of SAR 190 million. Located in the Al Yasmeen neighborhood on Olaya Road, the tower consists of 14 …

Riyadh – Mubasher: Alandalus Property Company secured a long-term Tawaruq facility at a value of SAR 143.10 million from Saudi Awwal Bank (SAB) on 30 August 2023. The seven-year facility deal will enable the listed firm to finance new projects and …

Riyadh – Mubasher: Alandalus Property Company logged net profits after Zakat and tax valued at SAR 25.91 million in the first half (H1) of 2023, an annual drop of 26.50% from SAR 35.25 million. The listed firm posted a 0.95% year-on-year (YoY) …

Riyadh – Mubasher: Alandalus Property Company witnessed 27.94% lower net profits after Zakat and tax at SAR 14.26 million in the first quarter (Q1) of 2023, versus SAR 19.79 million in Q1-22. The Saudi firm achieved revenues amounting to SAR 54.47 …

Riyadh – Mubasher: The net profits after Zakat and tax of Alandalus Property Company reached SAR 66.77 million in 2022, lower by 1.78% year-on-year (YoY) than SAR 67.98 million. Revenues edged up by 0.80% YoY to SAR 216.11 million in …

Riyadh – Mubasher: The board of Alandalus Property Company decided, on 20 December 2022, to appoint Faisal Abdulrahman Al Nasser as the firm’s new CEO, according to a recent bourse filing. Al Nasser, who succeeded the acting CEO Mashal Ibrahim …

Riyadh – Mubasher: Alandalus Property Company registered SAR 53.29 million in net profit after Zakat and tax during the first nine months (9M) of 2022, down 7.40% from SAR 57.55 million in 9M-21. The sales amounted to SAR 160.66 million in the …

Riyadh – Mubasher: The board of Alandalus Property Company announced an interim cash dividend distribution of SAR 0.25 per share, representing 2.50% of the share nominal value, for the first half (H1) of 2022. The Saudi listed firm will disburse a …

Riyadh – Mubasher: The net profits of Alandalus Property Company dropped by 7.7% year-on-year (YoY) during the first half (H1) of 2022 to SAR 35.25 million, compared to SAR 38.19 million in H1-21. The lower profits were attributed to a drop in the …

Riyadh – Mubasher: Alandalus Property Company has announced the resignation of Hathal Saad Al Utaibi from his position as the company’s CEO. Al Utaibi submitted his resignation, which will be effective as of 31 August 2022, due to personal …

Riyadh – Mubasher: Alandalus Property Company’s net profits after Zakat and tax went up 4.37% to SAR 19.79 million in the first quarter (Q1) of 2022, versus SAR 18.96 million in Q1-21. Revenues stood at SAR 53.29 million during the first three …

Riyadh – Mubasher: Alandalus Property Company recorded a surge of 547% in net profits after Zakat and tax to SAR 57.55 million in the first nine months of 2021, compared to SAR 8.89 million in the year-ago period.  Earnings per share amounted to …

Riyadh – Mubasher: Alandalus Property Company's board of directors approved a cash dividend distribution of SAR 23.33 million or SAR 0.25 per share for the first half (H1) of 2021.  Eligibility of dividends will be for shareholders owning shares …

Riyadh – Mubasher: The Saudi Exchange (Tadawul) announced that the fluctuation limit for the stock of Alandalus Property will be based on a share price of SAR 22.16, according to a bourse filing on Thursday. All outstanding orders will therefore …

Riyadh – Mubasher: The shareholders of Alandalus Property gave the green light for increasing the capital by SAR 233.33 million through bonus shares from the statutory reserve and retained earnings. The company will issue one share for every three …

Riyadh – Mubasher: Alandalus Property Company achieved a jump of 563% in net profits after Zakat and tax to SAR 38.19 million in the first half (H1) of 2021 from SAR 5.76 million in H1-20. Earnings per share stood at SAR 0.55 in H1-21, compared to …

Riyadh – Mubasher: The Capital Market Authority (CMA) gave its approval for Alandalus Property Company to increase the capital by SAR 233.33 million through 23.33 million bonus shares, according to a bourse disclosure on Thursday. Alandalus …

Riyadh – Mubasher: The ordinary general meeting (OGM) of Alandalus Property Company approved the board’s proposal for a cash dividend of SAR 35 million or SAR 0.50 per share for 2020. The eligibility for dividends will be for shareholders …

Riyadh – Mubasher: Alandalus Property Company achieved an annual surge of 54.9% in net profits after Zakat and tax to SAR 18.96 million during the first quarter (Q1) of 2021, compared to SAR 12.24 million in Q1-20. Earnings per share (EPS) stood …

Riyadh – Mubasher: The board of Alandalus Property Company proposed a 33.33% capital increase by capitalising SAR 233.33 million of the retained earnings and statutory reserve, according to a bourse filing on Sunday. The company will grant one …

Riyadh – Mubasher: Alandalus Property Company achieved net profit after Zakat and tax of SAR 14.34 million in 2020, sliding by 77.88% year-on-year (YoY) from SAR 64.8 million. The profit drop was mainly due to lower revenue from retail and …