Jazan Development and Investment Co. (JAZADCO) News - Mubasher Info
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30 April 04:30 AM

Jazan Development and Investment Co. (6090)

Last update: 29 April 03:10 PM market time.
8.76
-0.10
-1.13%
Open 8.87
Previous Close 8.86
High 8.87
Low 8.71
Stock Statistics
Volume 33,867
Turnover 297,240.06
All data are 15 minutes late during market session

News

The company's revenues declined by 2.37%
8 November 2020 10:59 AM Jazadco turns to profitability in Q3-20
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 …
Financial Results
Jazadco’s CEO received the certificate from the Saudi Minister of Environment, Water and Agriculture.
21 October 2020 10:58 AM Jazadco receives Saudi Good Agricultural Practices certificate
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 …
Companies Investments
Jazadco's new logo.
18 October 2020 10:34 AM Jazadco changes company’s logo
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 …
Corporate Actions
Revenues jumped to SAR 19.1 million in Q2-20
24 August 2020 11:22 AM Jazadco turns profitable in Q2-20
Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) turned profitable in the second quarter (Q2) of 2020, with SAR 661,062 in net profits, versus SAR 1.77 million in net losses during the same period in 2019. The move to profits was …
Financial Results
The deal is valued at SAR 1 million
16 June 2020 10:31 AM Jazadco buys majority stake in Fish Day
Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) has signed a deal on Monday, 15 June, to acquire 80% of Fish Day Company, owner and operator of Fish Day application specialised in the digital marketing of fresh fish products. The …
Companies Investments
Sales revenue amounted to SAR 22.59 million
20 May 2020 11:06 AM Jazadco turns profitable in Q1-20
Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) reported a net profit of SAR 523,609 during the first quarter (Q1) of 2020, against a loss of SAR 5.23 million in the same period last year. Registering profits was attributed to a …
Financial Results
Agreement was signed at the Ministry of Environment, Water, and Agriculture
30 January 2020 00:29 PM Merger deal creates SAR 500m fish farming company
Riyadh – Mubasher: Four Saudi companies, operating the field of aquaculture, have signed a merger agreement, under the patronage of the Ministry of Environment, Water, and Agriculture. Jazan Energy and Development Company (Jazadco), Tabuk …
Mergers and Acquisitions
Photo Archive
15 January 2020 10:36 AM Jazadco plans expanding aquaculture sector with local partners
Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) announced signing a memorandum of understanding (MoU) with Tabuk Fisheries Company, Tharawat Seas Company, and Aquaculture Sharq Farms (ASF) Company. The agreement involves studying …
Companies Investments
Jazadco first signed the deal agreement in December 2018
2 January 2020 04:54 PM Jazadco cancels plans to acquire Bakri Energy
Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) announced that its board of directors has decided not to extend the memorandum of understanding (MoU) to fully acquire Bakri International Energy Company. The company no longer …
Mergers and Acquisitions
The value of the announced deal is 2.1 million
17 December 2019 10:02 AM Jazadco acquires majority stake in Mango Jazan
Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) announced on Tuesday that it has acquired 65% of the Mango Jazan Store for SAR 2.1 million. The deal signals Jazadco’s entry into the e-commerce sector, according to the company’s …
Companies Investments
Revenues of the Saudi firm rose by 2.8% to SAR 19 million in Q3-19
7 November 2019 04:09 PM Jazadco moves to losses in Q3
Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) suffered SAR 1.3 million in losses during the third quarter of 2019, versus SAR 3.13 million in profits in the same quarter of 2018. Revenues of the Saudi firm rose by 2.8% to SAR …
Company News
Jazdaco incurred SAR 7 million loss in 6M
8 August 2019 09:30 PM Jazadco sustains SAR 1.7m loss in Q2-19
Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) turned to loss during the second quarter of 2019, recording SAR 1.77 million. The company attributed its loss to the increase in the cost of sales and the growth in general and …
Financial Results
The six-month deal has no relates parties
13 June 2019 10:53 AM Jazadco pens MoU to study acquisition of Jabal Ohod Holding
Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) has signed a memorandum of understanding (MoU) with Jabal Ohod Holding to study the acquisition of the company. The six-month deal has no relates parties and is not expected to have …
Companies Investments
Accumulated loss reached SAR 14.82 million
10 May 2019 08:41 PM Jazadco posts 40% YoY loss hike in Q1
Riyadh – Mubasher: Jazan Energy and Development Company (Jazadco) reported a 38.6% year-on-year loss increase during the first quarter of 2019, recording SAR 5.24 million. Despite the increase in the Jazadco’s sales, the growth in the cost of …
Financial Results
The transaction will be financed through loans provided by the Arab National Bank
17 January 2019 04:52 PM Saudi Batic buys SAR 33.5m facility from Jazadco
Riyadh – Mubasher: Saudi Arabia-based BATIC Investment and Logistics Company has announced purchasing a SAR 33.5 million commercial building owned by Jazan Development Company (Jazadco). The transaction will be financed through loans provided by …
Companies Investments
Jazadco’s net profits amounted to SAR 4.2 million in Q2-18
19 July 2018 05:06 PM Saudi Jazadco’s profit rises 15% in Q2, tubmles 78% in H1
Riyadh – Mubasher: Jazan Development Company (Jazadco) on Thursday announced a 15.2% year-on-year hike in net profits for the second quarter of 2018. Jazadco’s net profits amounted to SAR 4.2 million during Q2-18, up from SAR 3.7 million in Q2-17, …
Financial Results
13 August 2017 09:32 PM Jazadco agrees SAR40m credit facility with Al-Rajhi
Riyadh - Mubasher: Jazan Development Company (Jazadco) has signed on Sunday a credit facility agreement with Al Rajhi Bank, with a total value of SAR 40 million. The company said in a statement to the Saudi Stock Exchange (Tadawul) that the …
Banking and Finance
The firm achieved SAR 6.13 million in profits in 2016
1 June 2017 09:21 AM Jazadco to start 2016 dividends payout 22 August
Riyadh – Mubasher: Jazan Development Co (Jazadco) said that the distribution of cash dividends for 2016 will start 22 August through Banque Saudi Fransi. The company will pay dividends at SAR 0.5 per share, totalling SAR 25 million and …
Event
(Photo Credit: Company website)
3 May 2017 10:29 AM Jazadco to distribute SAR 25m dividends for 2016
Riyadh – Mubasher: The extraordinary general meeting (EGM) of Jazan Development Co (Jazadco) approved the distribution of cash dividends for 2016. The company will pay dividends at SAR 0.5 per share, totalling SAR 25 million and representing 5% of …
General Assembly
Photo Credit: Arabianeye-Reuters
1 May 2017 04:17 PM Jazadco turns to losses in Q1 on lower sales
Riyadh - Mubasher: Jazan Development Company (Jazadco) reported losses of SAR 1.72 million in the first quarter of 2017 against net profits of SAR 1.23 million for the same period last year, as shown by the company’s financial statements. The …
Financial Results
(Photo credit: Company Website)
2 March 2017 09:27 AM Jazan Development Q4 profits down 72%
Riyadh – Mubasher: Jazan Development Co's profits declined 72.4% in 2016, compared to the previous year. Earnings reached SAR 6.13 million ($1.63 million) in 2016, compared to SAR 22.2 million ($5.92 million) in 2015. The company attributed the …
Financial Results
Jazadco's net profits fell 10.4% in the third quarter of 2016- (Photo archive)
1 January 2017 09:46 AM Jazadco proposes distribution of SAR 25m for 2016
Riyadh – Mubasher: Jazan Development Co.’s (Jazadco) board recommended the distribution of cash dividends for 2016 total SAR 25 million. The cash dividends will represent 5% of capital, or SAR 0.5 a share, according to a bourse filing on Sunday. …
Cash Dividends
Jazadco's net profits grew 34% to SAR 4.85 million in H1-16 - (Photo Credit: Arabianeye-Reuters)
26 July 2016 03:44 PM Jazadco posts SAR 3.6m profits in Q2
Riyadh – Mubasher: Jazan Development Co.’s (Jazadco) net profits rose 1.94% year-on-year to SAR 3.6 million ($964,000) in the second quarter of 2016 from SAR 3.55 million ($946,000). The company attributed the increase in net profits to higher …
Financial Results
Jazan Development reported a surge in its net profits to SAR 1.23 million (Photo Credit: Arabianeye-Reuters)
17 April 2016 03:49 PM Jazan Development profits surge 1622% in Q1
  Riyadh – Mubasher: Jazan Development on Sunday reported a surge in its net profits by 1622% to SAR 1.23 million ($328,900) for the first quarter of 2016, up from SAR 71,600 ($19,090) in the corresponding period in 2015. The Saudi-listed …
Financial Results
Photo Archive
28 January 2016 10:01 PM Changes in major shareholders' list for 28 January
Mubasher: Below are changes in major shareholders' list for 28 January:
Mergers and Acquisitions