Tabuk Agricultural Development Co (6040)

Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO) has signed a non-binding memorandum of understanding (MoU) with Saudi Greenhouse and Agri Marketing Company to construct and manage high-tech greenhouses and marketing agriculture …

Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO) has signed a non-binding memorandum of understanding (MoU) with Topian, NEOM's food company. The MoU includes cooperation for the planning, development, construction, and operation …

Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO) will have Yahya Ahmed Mubaraki as its new CEO starting from 1 April 2024. The appointment decision was made during the board meeting on 20 January this year, according to a bourse …

Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO) incurred net losses after Zakat and tax worth SAR 25.01 million in the January-June 2021 period, higher by 115% than SAR 11.61 million in the first half (H1) of 2020. The loss per …

Riyadh – Mubasher: Horizon Foods Limited Company, a 50%-owned subsidiary by Tabuk Agricultural Development Company (TADCO), has appointed Wasatah Capital to be the financial advisor for listing its shares, according to a bourse filing on Monday. …

Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO) posted a 72% decrease in net profit after Zakat and tax to SAR 1.34 million during the first quarter (Q1) of 2021, from SAR 4.82 million in the same quarter a year ago. TADCO’s loss …

Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO) said its accumulated losses have reached SAR 22.01 million, which represents 5.6% of the capital, until 3 May 2021. TADCO has disclosed a correction on 23 May after it said last …

Riyadh – Mubasher: The accumulated losses of Tabuk Agricultural Development Company (TADCO) have decreased to SAR 22.01 million from SAR 90.03 million. Upon the consolidated unaudited financial position on 3 May 2021, the accumulated losses …

Riyadh – Mubasher: The board of Tabuk Agricultural Development Company (TADCO) gave the green light for using the statutory reserve of SAR 68.01 million to amortise part of the accumulated losses, according to a bourse disclosure on Tuesday. By …

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced on 7 April that the fluctuation limit for Tabuk Agricultural Development Company (TADCO) would be based on a share price of SAR 27.55. Tadawul added that the outstanding orders …

Riyadh – Mubasher: The equityholders of Tabuk Agricultural Development Company (TADCO) agreed on increasing the capital by SAR 150 million or 62.04% through a rights issue at a par value of SAR 10 per share, according to a bourse disclosure. The …

Riyadh – Mubasher: Al-Jouf Agricultural Development Company (JADCO) and Tabuk Agricultural Development Company (TADCO) have been approved as members of the Seed Producers Committee for the new term of office beginning from 1 January 2021 for five …

Riyadh – Mubasher: Tabuk Agricultural Development Company on Tuesday reported an 88.6% annual plunge in third-quarter losses to SAR 6.233 million. Revenue for the July-September period in 2020 amounted to SAR 47.4 million, down by 6.5% when …

Riyadh – Mubasher: Tabuk Agricultural Development Company has received the Saudi Good Agricultural Practices (S.G.A.P) certificate on Wednesday, 21 October. The company’s chairman, Alwaleed Khalid Al Shathri, received the certificate on behalf of …

Riyadh – Mubasher: Tabuk Agricultural Development Company has signed a contract with Fahad Bin Sultan University Company to provide appropriate accommodation for the university’s 200 students for SAR 6 million. Under the deal, which reiterates …

Riyadh – Mubasher: The net losses of Tabuk Agricultural Development Company slumped by 90.19% in the second quarter (Q2) of 2020, reaching SAR 6.16 million, compared with SAR 62.75 million in the corresponding quarter a year earlier. Revenue for …

Riyadh – Mubasher: Saudia Dairy and Foodstuff Company (SADAFCO) has signed a non-binding Memorandum of Understanding (MoU) to purchase a controlling stake in Horizon Food Factory Co. from Tabuk Agricultural Development Company. The deal is subject …

Riyadh – Mubasher: Tabuk Agricultural Development Company has recorded SAR 5.9 million in net losses after Zakat and tax for the first quarter (Q1) of 2020, down by 74.7% from SAR 23.5 million in Q1-19. Revenues reached SAR 15.6 million in …

Riyadh – Mubasher: Tabuk Agricultural Development Company reported an increase in net losses in 2019 by 186.68%, as shown by the company’s annual financial results for 2019. The annual net loss after zakat and tax amounted to SAR 179.77 million …

Riyadh – Mubasher: The ordinary general meeting (OGM) of Tabuk Agricultural Development Company has approved the board’s proposed capital cut by 46.27% to amortise accumulated losses of SAR 208.23 million. The Saudi firm’s capital will be reduced …

Riyadh – Mubasher: The board of Tabuk Agricultural Development Company has recommended raising the company’s capital by SAR 100 million through the issuance of a rights issue. The aim of the capital hike is to finance and carry out its future …

Riyadh – Mubasher: Tabuk Agricultural Development Company filed a capital reduction request to the Saudi Capital Market Authority (CMA), according to a statement to the Saudi Stock Exchange (Tadawul). The company’s board of directors has recently …

Riyadh – Mubasher: Tabuk Agricultural Development Company has appointed Wasatah Capital as a financial advisor to manage its capital reduction, according to a statement to the Saudi Stock Exchange (Tadawul) on Thursday. Tabuk further revealed that …

Riyadh – Mubasher: The initial financial statements of Tabuk Agricultural Development Company indicated a 650.55% year-on-year rise in net losses over the third quarter (Q3) of 2019. Net losses reached SAR 56.35 million in Q3-19 when compared to …

Riyadh – Mubasher: Tabuk Agricultural Development Company announced its interim financial statements for the second quarter of 2019. The company moved to losses with SAR 66.6 million in Q2-19, against profits of SAR 6.6 million in Q2-18, according …