Halwani Bros Co (HB) News - Mubasher Info
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Halwani Bros Co (6001)

Last update: 01:01 PM market time.
50.80
7.35
16.92%
Open 52.30
Previous Close 43.45
High 52.30
Low 50.60
Stock Statistics
Volume 50,117
Turnover 2,572,692.10
All data are 15 minutes late during market session

News

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6 December 2023 00:29 PM Halwani Bros obtains SAR 150m financing from Banque Saudi Fransi
Riyadh – Mubasher: Halwani Bros Company secured a facility deal valued at SAR 150 million from Banque Saudi Fransi on 5 December 2023. The listed company will use the financing to boost its working capital, according to a bourse filing. The …
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5 November 2023 05:54 PM Halwani Bros suffers SAR 70.6m net losses in 9M-23
Riyadh – Mubasher: Halwani Bros Company posted a net loss after Zakat and tax of SAR 70.60 million in the first nine months (9M) of 2023, marking a 1,284.31% year-on-year (YoY) surge from SAR 5.10 million. The company’s revenues reached SAR 656 …
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19 September 2023 09:04 AM Knowledge Economic City, Halwani Bros secure credit facility from Al Rajhi Bank
Riyadh – Mubasher: Knowledge Economic City and Halwani Bros Company secured loans at a combined value of SAR 353 million from Al Rajhi Bank on 17 September 2023, according to bourse disclosures. Knowledge Economic City will use the investment to …
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8 January 2023 05:48 PM Halwani Bros obtains nearly SAR 231m funding from Al Rajhi Bank
Riyadh – Mubasher: Halwani Bros Company has secured SAR 230.83 million total funding from Al Rajhi Bank after it penned an amendment of existing Sharia-aligned compliant financing agreement with the lender to endorse the working capital and reduce …
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2 January 2023 05:28 PM Halwani Bros secures SAR 120m loan from GIB
Riyadh – Mubasher: Halwani Bros Company obtained Sharia-compliant financing worth SAR 120 million from Gulf International Bank (GIB) on 1 January 2023, according to a bourse filing. The loan comprises SAR 100 million facility to finance the …
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21 June 2022 10:50 AM Halwani Bros' unit in Egypt, Aquat Food ink MoU to cooperate in food manufacturing
Riyadh – Mubasher: The subsidiary of Halwani Bros Company in Egypt has inked a non-binding one-year renewable memorandum of understanding (MoU) with Aquat Food Industries Company, the sister company of ALBAIK Food System Company. Under the …
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29 December 2021 10:00 AM Halwani Bros' board proposes 20% dividends for 2021
Riyadh – Mubasher: The board of Halwani Bros Company has recommended distributing cash dividends, equivalent to 20% of the capital, for fiscal year 2021. The cash dividend distribution stands at SAR 2 per share, aggregating at a total value of SAR …
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31 October 2021 02:04 PM Halwani Bros registers SAR 66m net profits in nine months
Riyadh – Mubasher: Halwani Bros Company recorded a net profit after Zakat and tax worth SAR 65.68 million during the nine-month period that ended in September 2021, down 19% year-on-year (YoY) from SAR 81.39 million. Earnings per share stood at …
Earnings per share amounted to SAR 1.46 in H1-21
8 August 2021 11:43 AM Halwani Bros’ H1-21 profits shrink 8%
Riyadh – Mubasher: Halwani Bros Company posted an 8.3% decline in net profits after Zakat and tax to SAR 51.64 million in the first half (H1) of 2021. Earnings per share amounted to SAR 1.46 in H1-21, compared to SAR 1.59 in H1-20, according to …
Halwani Bros will grant one bonus share for every eight original shares
29 April 2021 00:52 PM Halwani Bros’ shareholders approve 12.5% capital hike
Riyadh – Mubasher: The equityholders of Halwani Bros Company gave the green light for increasing the capital by 12.5% through the capitalisation of SAR 39.28 million from the statutory reserve. The capital will be raised to SAR 353.57 million …
The company’s revenues grew by 17.2% last year to SAR 1.06 billion.
7 March 2021 10:02 AM Halwani Bros. profits soar to SAR 100.8m in 2020
Riyadh – Mubasher: The net earnings of Halwani Bros. Company climbed by 4,1% in 2020 to SAR 100.8 million, compared with SAR 2.4 million in 2019. This increase was helped by a sales growth in local and international markets, lower financing …
The financing is guaranteed by a promissory note for the total facility amount.
10 February 2021 04:43 PM Halwani Bros secures SAR 140m loan from Al Rajhi Bank
Riyadh – Mubasher: Halwani Bros. Company announced signing Sharia-compliant credit facility agreements with Al Rajhi Bank valued at SAR 140 million. The credit facilities are a medium-term loan of SAR 65 million, maturing in three years, and a …
The distributions represent 15% of the capital.
4 February 2021 09:58 AM Halwani Bros approves SAR 1.5/shr dividends for 2020
Riyadh – Mubasher: The ordinary general meeting (OGM) of Halwani Bros. Company approved the board’s recommendation to pay SAR 47.14 million or SAR 1.5 per share in cash dividends to shareholders for fiscal year (FY) 2020. The distributions …
The capital raise will be implemented by issuing one share for every eight owned shares.
28 December 2020 09:38 AM Halwani Bros board proposes capital raise, FY20 dividends
Riyadh – Mubasher: Halwani Bros. Company’s board recommended raising the company’s capital by 12.5% to SAR 353.57 million by issuing one share for every eight owned shares, subject to competent approvals. The step comes to support the company’s …
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15 November 2020 01:48 PM Food sector profits in KSA grow 13.8% in Q3
Riyadh – Mubasher: Net earnings of eleven Tadawul-listed food companies grew by 13.8% or SAR 107.39 million on a year-on-year (YoY) basis in the third quarter (Q3) of 2020. Combined profits of the Saudi food sector netted SAR 885.81 million in the …
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11 November 2020 00:22 PM MSCI adds five Saudi stocks to Small Cap Index
Riyadh – Mubasher: MSCI Inc. has added Dr. Sulaiman Al Habib Medical Services Group to the MSCI Global Standard Index in its semi-annual review, bringing the total number of companies under the index to 34, according to a recent report. Five other …
Revenues soared to SAR 256.2 million in Q3-20.
27 October 2020 04:56 PM Halwani Bros returns to profits in Q3
Riyadh – Mubasher: Halwani Bros. Company returned to net profits of SAR 25 million over the third quarter (Q3) of 2020, compared to net losses of SAR 3.4 million in the corresponding quarter in the previous year. The turn to profits was helped by …
Revenues for Q2-20 stood at SAR 272.4 million
5 August 2020 09:43 AM Halwani Bros turns to SAR 26m profits in Q2
Riyadh – Mubasher: Halwani Bros. Company turned to profits in the second quarter (Q2) of 2020, generating SAR 25.9 million in net profits after Zakat and tax, against net losses worth SAR 3.7 million in the corresponding period in 2019. The …
Net profits in the first quarter reached SAR 30.42 million
30 April 2020 05:03 PM Halwani Bros profits up 450% in Q1
Riyadh – Mubasher: Halwani Bros. Company posted a 450.1% surge in net profit during the first quarter of the year, as shown by the company’s interim financial results for the three-month period ending on 31 March 2020. Net profit after zakat and …
Revenues went down by 6.27% to SAR 899.9 million in 2019
9 March 2020 05:32 PM Halwani Bros posts 94.5% profit drop in 2019
Riyadh – Mubasher: Halwani Bros Company reported a 94.46% year-on-year decline in its net profits during 2019, dragged by higher cost of sales and expenses. The Saudi firm’s net profits after Zakat and taxes slid to SAR 2.4 million last year from …
The company swung to losses recording SAR 3.4 million in Q3-19
27 October 2019 10:15 AM Halwani Bros suffers SAR 1.6m losses in 9M
Riyadh – Mubasher: Halwani Bros Company announced its interim financial results for the third quarter of 2019. The company swung to losses recording SAR 3.4 million in Q3-19, against profits of SAR 19.2 million in Q3-18, according to a bourse …
The company’s capital will be SAR 314.28 million
6 August 2019 02:34 PM Halwani Bros’ board approves 10% capital increase
Riyadh – Mubasher: The extraordinary general assembly of Halwani Bros Company has approved a 10% capital increase during the meeting held on Monday, 5 August. Accordingly, the company’s capital will be SAR 314.28 million instead of SAR 285.7 …
The company incurred losses of SAR 3.7 million in Q2-19
29 July 2019 10:46 AM Halwani Bros turns to losses in Q2
Riyadh – Mubasher: Halwani Bros Company disclosed its interim financial results for the second quarter of 2019. The company incurred losses of SAR 3.7 million in Q2-19, against profits of SAR 8.5 million in Q2-18, according to the company’s …
Net profits after zakat and tax recorded SAR 5.5 million in Q1-19
27 May 2019 11:28 AM Halwani Bros’ profit falls 67% in Q1
Riyadh – Mubasher: Halwani Bros Company posted a 66.66% year-on-year drop in its profits for the first quarter of 2019. Net profits after zakat and tax recorded SAR 5.5 million in Q1-19, compared to SAR 16.5 million in Q1-18, according to the …
Trading on the four stocks will be resumed as of Tuesday for twenty sessions
13 May 2019 11:13 AM Tadawul suspends trading on 4 stocks
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) on Monday announced that it has suspended trading on the stocks of four companies due to not disclosing their financial results for the first quarter of 2019. The four companies are Alujain …