Development Works Food Co. (DWF) News - Mubasher Info
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18 January 11:04 PM

Development Works Food Co. (6013)

Last update: 03:10 PM market time.
105.60
3.20
3.12%
Open 103.00
Previous Close 102.40
High 107.00
Low 103.00
Stock Statistics
Volume 29,375
Turnover 3,102,768.10
All data are 15 minutes late during market session

News

Photo Archive
3 January 2024 06:13 PM Development Works Food eyes capital cut via rights issue
Riyadh – Mubasher: Development Works Food Company announced the board’s proposal to cut its capital by SAR 90 million through a rights issue. Through the capital reduction, the listed firm plans to diversify and expand its activities and other …
Management Decisions
Photo Archive
15 November 2023 05:38 PM Development Works Food shifts to net losses in 9M-23, shows profitability in Q3
Riyadh – Mubasher: Development Works Food Company turned to net losses after Zakat and tax valued at SAR 1.83 million in the first nine months (9M) of 2023, against net profits of SAR 1.50 million in 9M-22. Revenues stood at SAR 70.73 million in …
Financial Results
Photo Archive
10 July 2023 04:00 PM Development Works Food’s Chairman resigns; Al Amoud succeeds
Riyadh – Mubasher: Development Works Food Company has announced the resignation of Ashry bin Saad Al Ashry from his position as the board’s Chairman, which became effective on 9 July. Anas bin Salih bin Ibrahim Al Amoud succeeded Al Ashry, who …
Corporate Actions
Photo Archive
27 July 2022 06:18 PM Development Works Food submits capital raise request to CMA
Riyadh – Mubasher: Development Works Food Company submitted a request to the Capital Market Authority (CMA) on 25 July to increase its capital through a rights issue worth SAR 216 million. The Saudi listed firm appointed Yaqeen Financial Company …
Corporate Actions
Photo Archive
17 November 2021 05:50 PM Development Works Food to trade on Tadawul’s Main Market
Riyadh – Mubasher: The Saudi Exchange (Tadawul) has approved for Development Works Food Company to transfer its shares to the Main Market from the Parallel Market (Nomu), according to a bourse statement on Wednesday. Development Works Food will …
Markets Regulations
Photo Archive
22 September 2021 10:46 AM Development Works Food submits move request
Riyadh – Mubasher: Development Works Food Company has submitted its request to move to the Main Market of the Saudi Exchange (Tadawul) on 21 September. The request was submitted through the automated system set by the financial market for this …
Trading Activities
Photo Archive
19 September 2021 00:02 PM Development Works Food approves capital raise; fluctuation limit announced
Riyadh – Mubasher: The shareholders of Development Works Food gave the green light for the board’s recommendation to increase the capital through bonus shares of one share for every five owned shares, according to a bourse disclosure on Sunday. …
Corporate Actions
Photo Archive
12 September 2021 04:11 PM Development Works Food’s board approves trading on Main Market
Riyadh – Mubasher: Development Works Food Company announced that its board gave the green light for moving on the Main Market of the Saudi Exchange (Tadawul). The board’s decision was taken on 12 September, according to a bourse filing on Sunday. …
Board of Directors
Development Works Food intends to have 57 branches
7 September 2021 10:35 AM Development Works Food unveils expansion plan
Riyadh – Mubasher: Development Works Food Company plans to open five new branches until the end of 2021, according to a bourse disclosure on Tuesday. The company has inaugurated six units of Juice Time brand during the first half (H1) of 2021, …
Companies Investments
The company's revenues fell to SAR 44.4 million in the January-June period
17 August 2021 05:32 PM Development Works swings to profit in H1-21
Riyadh – Mubasher: Development Works Food Company turned to net profits of SAR 3.031 million in the first half (H1) of 2021, against net losses of SAR 6.016 million in H1-20.  The company's revenues fell to SAR 44.4 million in the January-June …
Financial Results
The capital will stand at SAR 30 million distributed over 3 million shares
12 July 2021 05:05 PM CMA approves Development Works Food’s capital hike
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) gave the green light for Development Works Food Company’s request to increase the capital by SAR 5 million through bonus shares of one-for-every-five shares. The capital will stand at SAR …
Management Decisions
Earnings per share stood at SAR 0.07 in Q1-21
29 June 2021 04:52 PM Development Works turns profitable in Q1
Riyadh – Mubasher: The parallel market-listed Development Works Food Company achieved net profits after Zakat and tax worth SAR 183,562 during the first quarter of 2021, against net losses of SAR 3.92 million in Q1-20. Earnings per share stood at …
Financial Results
The new capital will be raised from SAR 25 million
26 May 2021 10:11 AM Development Works to raise capital by 20%
Riyadh – Mubasher: Development Works Food Company announced that it will be increasing the capital by 20% to SAR 30 million distributed over 3 million shares. The new capital will be raised from SAR 25 million distributed over 2.5 million shares, …
Management Decisions
Development Works Food will grant one share for every five shares
24 May 2021 10:37 AM Development Works Food amends number of shares to raise capital
Riyadh – Mubasher: Development Works Food Company will be granting its entitled shareholders one share for every five owned shares to increase the capital to SAR 30 million. This volume is instead of granting three shares for every 10 existing …
Corporate Actions
Seafood Restaurants is a Saudi company specialised in serving fresh seafood
19 May 2021 04:33 PM Development Works Food acquires 100% stake in seafood firm
Riyadh – Mubasher: Development Works Food Company has signed a six-month agreement to acquire 100% of Seafood Restaurants Company’s shares in exchange for the issuance of shares in the listed firm, according to a bourse disclosure on Wednesday. …
Mergers and Acquisitions
Photo Archive
18 November 2020 09:37 AM DWF withdraws request to move to Tadawul
Riyadh – Mubasher: Development Works Food (DWF) Company on Wednesday said it has withdrawn its request to transfer the company’s shares from the parallel market to the main market. The step comes as the company is completing some transition …
Markets Regulations
Photo Archive
15 September 2020 09:19 AM Development Works Food board approves moving to Tadawul
Riyadh – Mubasher: The Board of Directors of Development Works Food (DWF) Company approved by circulation on 14 September the transfer of the company’s shares from the parallel market to the main market. The move is subject to the market’s …
Board of Directors
Revenues amounted to SAR 48.68 million in the January-June period
8 September 2020 09:39 AM Development Works Food moves to losses in H1
Riyadh – Mubasher: Development Works Food (DWF) Company turned to a net loss of SAR 6 million during the first half (H1) of 2020, against a net profit of SAR 3.7 million in the corresponding period in 2019. Revenues amounted to SAR 48.68 million …
Financial Results
The Q1-20 losses amounted to SAR 3.9 million
16 June 2020 10:45 AM Development Works Food swings to losses in Q1-20
Riyadh – Mubasher: Development Works Food (DWF) Company has turned to a net loss after Zakat and tax of SAR 3.9 million in the first quarter (Q1) of 2020, against net profits of SAR 1.5 million in the same period last year. Revenues came at SAR …
Financial Results
Profits recorded SAR 2.46 million during the third quarter of 2019
2 December 2019 10:41 AM Development Works Food Q3 profits up 6.7%
Riyadh – Mubasher: The financial statements of Development Works Food (DWF) Company showed a 6.67% increase in profits during the third quarter (Q3) of the year to SAR 2.46 million, compared with SAR 2.3 million in Q3-18. The company attributed …
Financial Results
Saudi DWF’s profits retreated by 16.57% to SAR 2.24 million
10 September 2019 02:43 PM Saudi DWF’s shareholders approve capital raise to SAR 25m
Riyadh – Mubasher: The extraordinary general meeting (EGM) of Development Works Food Company (DWF) on 9 September approved to increase the firm’s capital to SAR 25 million from SAR 12.5 million through granting 100% bonus shares of the retained …
Corporate Actions
Net profits after zakat and tax fell by 16.57% to SAR 2.24 million in Q2-19
3 September 2019 11:25 AM DWF generates SAR 70m revenues in 6M
Riyadh – Mubasher: Development Works Food Company (DWF) disclosed its interim financial results for the second quarter of 2019. Net profits after zakat and tax fell by 16.57% to SAR 2.24 million in Q2-19, compared to SAR 2.68 million in Q2-18, …
Financial Results
Development Works Food Co's EGM should be held within six months
23 June 2019 05:49 PM CMA nods for Saudi DWF to raise capital to SAR 25m
​​Riyadh – Mubasher: Development Works Food Co (DWF) received an approval from the Saudi Capital Market (CMA) to increase the capital to SAR 25 million from SAR 12.5 million. This capital hike will be executed by distributing a bonus share for …
Company News
Net profits after zakat and tax recorded SAR 1.45 million in Q1-19
29 May 2019 10:06 AM Development Works Food logs SAR 1.5m profit in Q1
Riyadh – Mubasher: Development Works Food Company posted an 8.83% year-on-year increase in its profits for the first quarter of 2019. Net profits after zakat and tax recorded SAR 1.45 million in Q1-19, compared to SAR 1.33 million in Q1-18, …
Financial Results
DWR will increase its capital to SAR 25 million
10 April 2019 04:48 PM DWF’s board proposes 100% capital hike
Riyadh – Mubasher: Development Works Food Company’s (DWF) board of directors has recommended a capital increase of 100% by issuing bonus shares. The company will increase its capital to SAR 25 million from SAR 12.5 million, subject to the approval …
Corporate Actions