Saudi Fisheries Co (6050)

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News

7 September 01:20 PM Saudi Fisheries calls on shareholders to vote on SAR 335m capital hike

Riyadh — Mubasher: Saudi Fisheries Company has invited its shareholders to an extraordinary general meeting  (EGM) scheduled for 27 September. The primary agenda item is a proposed capital increase of SAR 334.93 million through the issuance of …

General Assembly

6 September 01:08 PM Saudi Fisheries delays capital restructuring vote due to lack of quorum

Riyadh — Mubasher: Saudi Fisheries Company has postponed its extraordinary general meeting (EGM), originally scheduled for 2 September 2026, as attendance failed to meet the legal quorum required to vote on a proposed capital change. The company …

Company News

31 August 02:45 PM Saudi Fisheries extends deadline for Al Haridha's stake sale

Riyadh — Mubasher: Saudi Fisheries Company has agreed with the purchasing party to extend the deadline for the transfer of lease contracts and regulatory licenses concerning the divestment of its 51% stake in Al Haridha Aquaculture Company. The …

Company News

23 August 11:04 PM Saudi Fisheries to host conference on proposed capital increase

Riyadh — Mubasher: Saudi Fisheries Company announced its intention to hold a virtual meeting with shareholders to discuss the board of directors' recommendation to increase the firm's capital through a rights issue. The proposal is subject to …

Company News

19 August 12:05 PM Saudi Fisheries posts lower net losses in H1-26; zero revenues announced

Riyadh – Mubasher: Saudi Fisheries Company incurred net losses of SAR 3.17 million for the second quarter (Q2) of 2026, an annual drop of 69.63% compared to the SAR 10.45 million. The company recorded zero revenue for the quarter, a 100% decline …

Financial Results

18 August 03:43 PM Saudi Fisheries announces hybrid EGM to discuss capital structure

Riyadh – Mubasher: Saudi Fisheries Company announced an amendment to the format of its upcoming extraordinary general meeting (EGM), which includes a proposed capital increase. Following its initial announcement on 5 August 2026, the company has …

General Assembly

12 August 12:21 PM Saudi Fisheries urges shareholders to deposit physical certificates ahead of capital raise

Riyadh – Mubasher: Saudi Fisheries Company (SFICO) issued an urgent notice requesting shareholders who still hold physical paper certificates to deposit them into electronic investment portfolios. The move follows the company’s announcement on 5 …

Company News

22 July 11:38 PM Foreign investor ownership undergoes changes on 21-22 July period

Riyadh - Mubasher: Foreign investor ownership in the Saudi Exchange (Tadawul) underwent 30 distinct changes between 21 and 22 July 2026, characterized by a significant increase in Saudi Fisheries Company and a series of strategic reductions across …

Trading Activities

30 June 09:45 AM Saudi Fisheries rejects proposed annual board remuneration at OGM

Riyadh – Mubasher: Saudi Fisheries Company has announced the results of its Ordinary General Meeting (OGM), which was held on 28 June 2026. During the session, shareholders took the notable step of voting against the discharge of liability for …

Board of Directors

29 June 10:48 AM Saudi Fisheries renews lease for Al Haridah farm site in Asir region

Riyadh – Mubasher: Saudi Fisheries Company (SFICO) has officially announced the completion of the lease renewal process for its Al Haridah farm site in the Asir region. Following previous regulatory approvals and the settlement of outstanding …

Companies Investments

28 June 09:37 AM Saudi Fisheries pushes Al Haridah’s stake sale to end-August

Riyadh – Mubasher: Saudi Fisheries Company (SFICO) has announced a further extension to the timeline for finalizing the divestment of a 51% majority stake in Al Haridah Aquaculture Company. In a regulatory filing on the Saudi Exchange (Tadawul), …

Companies Investments

25 June 02:32 PM Saudi Fisheries issues correction to Q1-26 financials

Riyadh – Mubasher: Saudi Fisheries Company (SFICO) has issued a formal corrective announcement regarding its interim financial results for the first quarter (Q1) of 2026, which addresses a specific discrepancy in the reported total shareholders’ …

Corporate Actions

21 June 07:30 PM Saudi Fisheries opens nomination for upcoming board term

Riyadh – Mubasher: Saudi Fisheries Company has officially announced the commencement of the nomination period for its Board of Directors for the new three-year term that is scheduled to begin in October 2026, according to a bourse filing. The …

Management Decisions

17 May 02:58 PM Saudi Fisheries secures Omani ruling in against Ocean Fish

Riyadh – Mubasher: Saudi Fisheries Company has obtained a final judicial ruling from the Oman’s Primary Court in Muscat on 10 May 2026 in its favor regarding a commercial dispute with Ocean Fish Company, according to a bourse disclosure. The court …

Law

24 February 12:45 PM Saudi Fisheries incurs SAR 18m accumulated losses in 2025

Riyadh - Mubasher: The accumulated losses of the Saudi Fisheries Company reached SAR 17.87 million as of 31 December 2025, representing 26.70% of its SAR 66.98 million capital. The company attributed the losses primarily to fixed and idle farm …

Financial Results

24 August 2025 08:25 AM Saudi Fisheries to develop fully-owned subsidiary

Riyadh – Mubasher: The board members of Saudi Fisheries Company agreed to establish a limited liability firm headquartered in Al Qassim with a capital of SAR 100,000. This move comes in line with the company's strategy to restructure its …

Board of Directors

27 January 2025 05:58 PM Saudi Fisheries’ shareholders approve 83% capital cut

Riyadh – Mubasher: The extraordinary general meeting (EGM) of Saudi Fisheries Company approved, on 26 January 2025, the board’s proposal for 83.25% capital reduction, according to a bourse statement. Following the transaction, the new capital will …

Board of Directors

3 June 2024 04:10 PM Salama Cooperative obtains IA’s nod for capital hike

Riyadh – Mubasher: The Insurance Authority (IA) greenlighted, on 2 June, the request of Salama Cooperative Insurance Company to increase its capital by offering rights issues worth SAR 100 million. The company’s new capital will stand at SAR 300 …

Corporate Actions

15 April 2024 11:27 AM Saudi Fisheries’ CEO Al Desouki resigns

Riyadh – Mubasher: Awad Farouk Al Desouki resigned from his position as the CEO of Saudi Fisheries Company on 14 April 2024. Al Desouki’s resignation became effective on 15 April, according to a bourse statement. The company’s board members …

Board of Directors

2 January 2024 05:31 PM Saudi Fisheries mulls 53% capital reduction

Riyadh – Mubasher: The board of Saudi Fisheries Company recommended a 52.89% capital reduction to SAR 188.44 million from SAR 400 million. The number of shares will be 18.84 million following the cut, instead of 40 million shares, according to a …

Board of Directors

6 October 2022 02:05 PM Saudi Fisheries’ Chairman resigns; Al Owais succeeds

Riyadh – Mubasher: Saudi Fisheries Company has announced the resignation of Omar bin ‎Hamad Al Madhi from his position as the board’s Chairman, which came into effect on 6 October 2022. Abdulrahman bin Saud Al Owais succeeded Al Madhi, who …

Management Decisions

30 June 2022 07:54 PM Saudi Fisheries announces resignation of CEO

Riyadh – Mubasher: The board of the Saudi Fisheries Company has approved on 29 June 2022 of the resignation of its CEO, Walid bin Hamad bin Sulaiman Al Buthi from his position due to personal reasons. The resignation of Al Buthi will be effective …

Board of Directors

23 March 2022 02:02 PM Saudi Fisheries logs 16% lower losses in 2021

Riyadh – Mubasher: Saudi Fisheries Company has registered net losses after Zakat and tax worth SAR 34.18 million in 2021, an annual decline of 15.90% from SAR 40.65 million. Revenues went up by 16.21% to SAR 47.58 million last year, compared to …

Financial Results

3 November 2021 02:54 PM Saudi Fisheries reports 45% higher losses in 9M

Riyadh – Mubasher: Saudi Fisheries Company reported a 44.967% increase in net losses after zakat and tax to SAR 37.848 million during the first nine months of 2021, compared to SAR 26.108 million in the year-ago period. The company generated …

Financial Results

19 October 2021 06:02 PM Saudi Fisheries pens deal with ARASCO

Riyadh – Mubasher: The Saudi Fisheries Company has signed a non-binding memorandum of understanding (MoU) with the Arabian ‎Agricultural Services Company (ARASCO) on 19 October. The renewable deal will be effective for six months from the date of …

Companies Investments