Jazan Development and Investment Co. (6090)

Riyadh – Mubasher: Jazan Development and Investment Company (Jazadco) turned to net losses valued at SAR 40.93 million in the first quarter (Q1) of 2024, compared to net profits worth SAR 1.78 million in Q1-23. Revenues dropped by 47.28% to SAR …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) has changed its name to Jazan Development and Investment Company, according to a bourse filing. The rebranding was implemented after completing all the regularity procedures in …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) signed a SAR 21 million loan agreement with the Agricultural Development Fund on 5 December 2023 to finance the working capital. The funding will be used to support the working …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) posted net profits after Zakat and tax of SAR 18.64 million in the first nine months (9M) of 2023, a drop of 31.57% compared to SAR 27.24 million in the same period of 2022. The …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) witnessed a 53.47% annual plunge in net profit after Zakat and tax to SAR 13.18 million in the first half (H1) of 2023 from SAR 28.33 million. The earnings per share (EPS) decreased …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) recorded an annual drop of 49.98% in net profit after Zakat and tax to SAR 1.78 million during the first quarter (Q1) of 2023, versus SAR 3.56 million. Revenues grew by 4.44% to SAR …

Riyadh – Mubasher: The net profits after Zakat and tax of Jazan Energy and Development Company (Jazadco) hiked by 42.98% to SAR 17.34 million in 2022, compared to SAR 12.12 million in 2021. Based on the annual financial results, the revenues hit …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) posted a net profit after Zakat and tax worth SAR 27.24 million in the first nine months (9M) of 2022, higher by 123.03% than SAR 12.21 million in 9M-21. Revenues declined by 7.65% …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) has appointed Mohammed bin Abdullah Al Resheid as its new CEO effective from 1 November 2022, according to a bourse filing. Al Resheid has a master's degree in project and systems …

Riyadh – Mubasher: Jazan Energy and Development Company’s (Jazadco) net profits after Zakat and tax climbed by 186.97% year-on-year (YoY) in the first half (H1) of 2022 to SAR 28.33 million from SAR 9.87 million. The profit per share came in at …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) recorded a 75.83% year-on-year (YoY) increase in its net profits to SAR 3.56 million in the first quarter (Q1) of 2022, compared to SAR 2.02 million. The company's revenues …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) has appointed Sultan Abdulaziz Al Mubarak as the new Chairman of the board for the coming three years. The Saudi listed company also appointed Feras Khalid Al Bawardi as the Vice …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) has posted net profits after Zakat and tax worth SAR 13.28 million in 2021, a year-on-year (YoY) hike of 23.17% from SAR 10.78 million. The revenues soared by 15.79%, reaching SAR …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) registered net profits after Zakat and tax worth SAR 2.25 million during the third quarter (Q3) of 2021, a decline of 73% from SAR 8.44 million in Q3-20. Revenues meanwhile rose by …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) posted an annual jump of 739.7% in net profits after Zakat and tax to SAR 9.94 million in the first half (H1) of 2021 from SAR 1.18 million in H1-20. Earnings per share stood at SAR …

Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has disapproved Jazan Energy and Development Company’s (Jazadco) request to increase the capital in order to acquire Jazil Investment Company, according to a Tadawul disclosure on …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) recorded a leap of 299% in net profit after Zakat and tax to SAR 2.08 million during the first quarter (Q1) of 2021 from SAR 523,609 in the same period a year earlier. Earnings per …

Riyadh – Mubasher: Tabuk Fisheries, an associate of Jazan Energy and Development Company (Jazadco), signed on 6 April a memorandum of understanding (MoU) with NEOM Company to set up the largest fish farm in the MENA region. Jazadco said the …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) has entered into a SAR 20.9 million loan agreement with the Agricultural Development Fund to finance the working capital and development of a shrimp farm. This step comes in …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) announced receiving a go-ahead from the General Authority for Competition (GAC) to acquire all of the partners’ shares in Jazel Investments Company. The deal is still subject …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) signed a binding agreement to acquire all the shares of Jazel Investments Limited. The value of the deal amounts to SAR 410.03 million, which will be paid through the issuance of …

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 …

Riyadh – Mubasher: The interim financial results of Jazan Energy and Development Company (Jazadco) showed net profits after Zakat and tax of SAR 8.45 million during the third quarter (Q3) of 2020, against net losses of SAR 1.31 million in the same …

Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) was granted the Saudi Good Agricultural Practices (S.G.A.P) certificate on Wednesday. Jazadco’s CEO, Bedour bin Nasser Al Rashoudi, has received the certificate on behalf of the …

Riyadh – Mubasher: The Saudi Authority for Intellectual Property (SAIP) has given the go-ahead to Jazan Energy and Development Company (Jazadco) to change the company’s logo. The logo change comes in line with Jazadco’s vision and future strategy …