Saudi Fisheries Co (SFICO) News - Mubasher Info
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Saudi Fisheries Co (6050.B)

Last update: 27 February 03:00 PM market time.
121.60
0.60
0.50%
Open 121.60
Previous Close 121.00
High 121.60
Low 121.60
Stock Statistics
Volume 12
Turnover 1,459.20
All data are 15 minutes late during market session

News

Eleven firms logged SAR 476.16 million in profits during Q4-17
4 April 2018 03:34 PM Saudi food firms’ profit grows in Q4; Almarai tops peers
By: Thabet Shehata Riyadh – Mubasher: Food companies listed on the Saudi Stock Exchange (Tadawul) posted a 236% year-on-year jump in their profits during the fourth quarter of 2017. Eleven firms logged SAR 476.16 million in profits during Q4-17, …
Net losses reached SAR 8 million in Q3-17, compared to SAR 9.89 million in Q3-16, according to a bourse statement
8 November 2017 11:29 AM Al Asmak’s losses fall 19% to SAR 8m in Q3
Riyadh – Mubasher: Saudi Fisheries Company (Al Asmak) on Wednesday stated that its net losses dropped 19.22% in the third quarter of 2017, compared to the year-ago period. Net losses fell to SAR 8 million in Q3-17, from SAR 9.89 million in Q3-16, …
Net losses SAR 9.66 million in the second quarter of 2017
8 August 2017 07:29 PM Al Asmak narrows losses by 4% in Q2-17
Riyadh - Mubasher: Saudi Fisheries Company (Al Asmak) posted a decrease in net losses for the second quarter of the year by 3.9% year-on-year, with losses increasing by 0.5% quarter-on-quarter, according to a bourse filing. The company said in a …
(Photo Credit: Arabianeye-Reuters)
14 May 2017 10:29 AM Al Asmak adjusts Q1 results; accumulated losses at 72% of capital
Riyadh – Mubasher: Saudi Fisheries Company (Al Asmak) on Sunday published a corrected statement regarding its first-quarter results, indicating a net loss of SAR 9.2 million ($2.45 million) in the first quarter of 2017, down 10% from SAR 10.2 …
(Photo Credit: Arabianeye-Reuters)
11 May 2017 06:25 PM Al Asmak profits decline 10% in Q1
Riyadh- Mubasher: Saudi Fisheries Company (Al Asmak) on Thursday announced that net profits declined 9.8% to SAR 9.23 million in the first quarter of 2017, compared to SAR 10.22 million in the same quarter last year. The company attributed the …
(Photo Credit: Company website)
20 April 2017 09:12 AM Al Asmak’s EGM nods to capital cut
Riyadh – Mubasher: The extraordinary general meeting (EGM) of Saudi Fisheries Co (Al Asmak) approved on Wednesday a capital decrease by 62.64%. The company will reduce its capital from SAR 535.4 million to SAR 200 million, according to a bourse …
Photo Credit: Arabianeye-Reuters
11 April 2017 09:15 AM Al Asmak incurs higher losses in March
Mubasher: Saudi Fisheries Co (Al Asmak) suffered a net loss of SAR 3.39 million ($903,000) in March 2017 from SAR 3.02 million ($806,000) in February; a month-on-month increase of 12%. According to a bourse statement issued on Tuesday, accumulated …
(Photo Credit: Arabianeye-Reuters)
10 April 2017 03:31 PM Al Asmak to obtain SAR 43m loan from SIDF
Riyadh – Mubasher: Saudi Fisheries Co (Al Asmak) signed an agreement with the Saudi Industrial Development Fund (SIDF) to receive a loan worth SAR 42.5 million. The loan’s maturity will last from 23 November 2018 to 2 April 2026, with a target to …
(Photo Credit: Arabianeye-Reuters)
14 March 2017 10:39 AM CMA OKs Al Asmak capital cut to SAR 200m
Riyadh – Mubasher: The Capital Market Authority (CMA) approved Saudi Fisheries Co’s (Al Asmak) request to decrease its capital from SAR 535.4 million to SAR 200 million. Subsequently, the number of shares will be reduced from 53.5 million shares …
(Photo Credit: Company website)
12 March 2017 10:01 AM Al Asmak loses SAR 3m in February
Riyadh – Mubasher: Saudi Fisheries Co (Al Asmak) suffered losses of SAR 3.02 million ($805,000) in February 2017. The losses grew 10% month-on-month compared to SAR 2.76 million ($736,000), according to a bourse filing on Sunday. Thus, accumulated …
(Photo archive)
13 February 2017 08:28 AM Al Asmak starts resolving financial issues
Riyadh – Mubasher: Saudi Fisheries Co (Al Asmak) said that it started to resolve its issues through a capital decrease and appointing financial advisor as per Article 150 of the Companies Law. The capital decrease is subject to the approval of …
(Photo credit: Arabianeye - Reuters)
12 February 2017 08:39 AM Al Asmak suffers SAR 2.7m losses in January
Riyadh – Mubasher: Saudi Fisheries Co (Al Asmak) suffered losses of SAR 2.76 million ($736,000) in January 2017. Thus, the accumulated losses to December stood at SAR 376.2 million which accounts for 70.28% of the SAR 535.38 capital, according to …
Accumulated losses to December stood at SAR 370.62 million (Photo Credit: Arabianeye-Reuters)
11 January 2017 09:33 AM Al Asmak suffers SAR 4.21m losses in December
Riyadh – Mubasher: Saudi Fisheries Co (Al Asmak) suffered losses of SAR 4.21 million ($1.12 million) in December, 2016, while its overall losses during 12 months reached SAR 39.19 million ($10.45 million). Thus, the accumulated losses to December …
Al Asmak's accumulated losses reached SAR 366.4 million in November (Photo Archive)
11 December 2016 08:54 AM Al Asmak losses widen in November
Riyadh – Mubasher: Saudi Fisheries Co (Al Asmak) suffered losses of SAR 3.7 million ($987,000) in November, compared to SAR 3 million ($800,000) in October, according to a bourse statement. In the first 11 months of 2016, losses rose to SAR 35 …
Al Asmak suffered losses worth SAR 31.27 million in 10 months (Photo Credit: Arabianeye-Reuters)
10 November 2016 09:51 AM Al Asmak suffers losses in October
Riyadh – Mubasher: Saudi Fisheries Co (Al Asmak) suffered a net loss of SAR 3 million ($800,000) in October as compared to SAR 3.2 million ($853,000) in September, a decrease of 6% month-on-month. The company’s accumulated losses by the end of …
Accumulated losses by the end of September 2016 stood at SAR 359.71 million (Photo Credit: Arabianeye-Reuters)
10 October 2016 08:56 AM Al Asmak narrows losses YoY in September
Riyadh – Mubasher: Saudi Fisheries Co. (Al Asmak) on Monday reported a net loss of SAR 3.2 million ($853,000) for September 2016, down 8% from SAR 3.48 million ($928,000) in the same month a year ago. Accumulated losses by the end of September …
Accumulated losses have reached SAR 356.5 million- (Photo Archive)
18 September 2016 05:09 PM Al Asmak losses fall 25% in August
Riyadh - Mubasher: Saudi Fisheries Company's (Al Asmak) net losses fell 25% month-on-month to SAR 3.48 million ($928,000) in August from SAR 2.79 million ($743,000). The company's activity losses rose 7% to SAR 2.83 million in August, compared to …
Operating profits levelled down 22.56% to SAR 1.05 billion in Q2-16- (Photo Credit: Arabianeye- Reuters)
18 August 2016 00:04 PM KSA agriculture firms post SAR 1.16bn profits in Q2
By: Thabet Shehata Riyadh – Mubasher: The Saudi agriculture sector's net profits fell 9% year-on-year to SAR 1.16 billion ($309 million) in the second quarter of 2016 from SAR 1.27 billion ($339.6 million). The agriculture companies' net profits …
Accumulated losses have reached SAR 353 million - (Photo Credit: Arabianeye-Reuters)
10 August 2016 09:47 AM Al Asmak losses down 23% in July
Riyadh - Mubasher: Saudi Fisheries Company (Al Asmak) recorded in July a net loss of SAR 2.79 million ($743,000), compared to SAR 3.6 million ($896,000), with a 23% month-on-month decline. Accumulated losses have reached SAR 353 million, …
Accumulated loss recorded SAR 350.25 million by the end of 30 June 2016- (Photo archive)
19 July 2016 10:01 AM Al Asmak losses widen 12% in June
Riyadh – Mubasher: Saudi Fisheries Co. (Al Asmak) deepened its net losses 12% to SAR 3.61 million ($963,000) in June from SAR 3.2 million ($853,000) in May, according to a bourse filing. Accumulated loss recorded SAR 350.25 million by the end of …
The company's accumulated losses widen in March
10 April 2016 10:51 AM Al Asmak accumulated losses widen in March
Riyadh – Mubasher: Saudi Fisheries Co. (Al Asmak) reported a net loss of SAR2.9 million in March 2016. The company’s total accumulated losses thus deepened by 63.7% of capital to reach SAR341 million by the end of March 2016. The company is …
Photo Arrchive
10 February 2016 04:57 PM Al Asmak’s accumulated losses reach 63% of capital
Riyadh-Mubasher: Saudi Fisheries Co. (Al Asmak) reported accumulated losses of SAR 334.8 million for the period ended 31 December 2015, or 62.55% of capital. The company recorded losses of SAR 3.4 million in January. The loss per share hit SAR …
Photo archive
7 January 2016 04:29 PM Al Asmak’s accumulated losses reach 61.91% of capital
Riyadh-Mubasher: Saudi Fisheries Co. (Al Asmak) reported losses of SAR 5.5 million for the period ended 31 December 2015, compared with SAR 4.5 million in losses for November up 20% m-o-m. The firm's accumulated losses reached SAR 1.1 million by …
Photo Archive
4 January 2016 03:57 PM Saudi Fisheries board accepts CEO resignation
Riyadh-Mubasher: Saudi Fisheries Co., also known as Al-Asmak, said the board on Monday accepted the resignation of CEO Mohammed Jaber Al-Sahali, to be effective from the same date. Al-Sahali will continue serving as the company's advisor, Al-Asmak …
Photo Archive
10 December 2015 09:50 AM Al Asmak’s accumulated losses reach 61% of capital
Riyadh-Mubasher: Saudi Fisheries Co. (Al Asmak) said its accumulated losses reached SAR 325.9 million until the end of November 2015, representing 60.89% of paid-in capital. The company posted net losses of SAR 4.5 million for October, a rise of …