Etihad Atheeb Telecommunication Co (7040)

Riyadh - Mubasher: Etihad Atheeb Telecommunication Company (GO) signed a three-year memorandum of understanding (MoU) with aramco digital company, the digital and technology subsidiary of Saudi Arabian Oil Company (Saudi Aramco), to collaborate on …

Riyadh - Mubasher: Etihad Atheeb Telecommunication Company (GO) announced that its rights issues have received SAR 241.23 million in subscriptions. Around 24.12 million of the 25 million new shares were subscribed, indicating a coverage ratio of …

Riyadh - Mubasher: The Capital Market Authority (CMA) approved Etihad Atheeb Telecommunication Company's (GO) proposal to raise its capital by SAR 250 million through a rights issue on 8 January 2024, according to a bourse disclosure. Based on the …

Riyadh – Mubasher: The net profits after Zakat and tax of Etihad Atheeb Telecommunication Company (GO) soared by 1,922.13% to SAR 100.50 million in the first nine months (9M) of 2023 from SAR 4.97 million in the same period a year ago. GO recorded …

Riyadh – Mubasher: Etihad Atheeb Telecommunication Company (GO) inked contracts at a combined value of SAR 105.23 million on 29 December 2022, according to bourse disclosures. GO penned the deals with Emirate of Najran Province and Emirate of …

Riyadh – Mubasher: The board of Etihad Atheeb Telecommunication Company (GO) has recommended a 278% capital increase to SAR 339.99 million from SAR 89.99 million. GO will raise its capital through a rights issue worth SAR 250 million by offering …

Riyadh – Mubasher: Etihad Atheeb Telecommunication Company (GO) has incurred net losses after Zakat and tax of SAR 29.16 million during the first nine months (9M) of fiscal year 2021/2022, against SAR 102.55 million net profits in the year-ago …

Riyadh - Mubasher: Etihad Atheeb Telecommunication Company’s (GO) accumulated losses retreated to SAR 10.919 million, accounting for 12.13% of the company’s share capital. Lower accumulated losses are attributed to the decision of the …

Riyadh – Mubasher: The extraordinary general meeting (EGM) of Etihad Atheeb Telecommunication Company (GO) has approved a 60.62% capital cut to SAR 89.999 million from SAR 228.529 million. Following the capital decrease, 3.03 shares will be …

Riyadh – Mubasher: The board of Etihad Atheeb Telecommunication Company (GO) has recommended a capital increase to SAR 350 million by offering a rights issue. Through the capital raise, the company will pay off its obligations and develop and …

Riyadh – Mubasher: Etihad Atheeb Telecommunication Company (GO) incurred net losses after Zakat and tax worth SAR 9.67 million during the third quarter (Q3) of 2021. This marked a year-on-year (YoY) increase of 19.6% from SAR 12.03 million in …

Riyadh – Mubasher: The board of Etihad Atheeb Telecommunication Company (GO) has recommended a capital cut by 60.62% to SAR 89.999 million from SAR 228.529 million. Reducing capital aims to write off the accumulated losses amounting to SAR 138.531 …

Riyadh – Mubasher: The net losses after zakat and tax of Etihad Atheeb Telecommunication Company (GO) decreased by 1.3% year-on-year (YoY) to SAR 12.11 million during the first quarter (Q1) of fiscal year 2021/2022. Lower net losses are driven …

Riyadh – Mubasher: The board of Etihad Atheeb Telecommunication Company (GO) has authorised the executive management to study ways to restructure the company’s capital through a cut and subsequent increase to shrink the accumulated losses. GO has …

Riyadh – Mubasher: Etihad Atheeb Telecommunication Company (GO) suffered net losses after Zakat and tax of SAR 38.26 million during fiscal year (FY) ended in March 2021, decreasing by 46.5% from SAR 71.61 million in the prior FY. Revenues declined …

Riyadh – Mubasher: Combined profits of Saudi telecom companies listed on the Saudi Stock Exchange (Tadawul) rose by 8.5% during 2020 or SAR 947 million when compared to a year earlier. The net earnings of three Tadawul-listed telecom operators, …

Riyadh – Mubasher: CEO of Etihad Atheeb Telecommunication Company (GO), Yahya bin Saleh Al Mansour, said his company's settlement of debts owed to the Saudi Telecom Company (stc) helped the company achieve profits and supported its financial …

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced that Etihad Atheeb Telecommunication Company’s (GO) stock will resume trading starting as of Sunday, 14 February 2021. This comes after the company had disclosed its financial results …

Riyadh – Mubasher: Etihad Atheeb Telecommunication Company (GO) on Thursday announced that its accumulated losses have fallen to 0% of the capital. This comes after the company had generated other income from signing a settlement contract with one …

Riyadh – Mubasher: Etihad Atheeb Telecommunication Company (GO) said the settlement contract it recently inked with one of its main suppliers resulted in a positive initial financial impact of recording revenue of SAR 101.3 million.  This positive …

Riyadh – Mubasher: Etihad Atheeb Telecommunication Company (GO) inked an agreement with one of the main suppliers to settle all balances and debts between the two parties for the period from the start of dealing until 31 December 2020. The two …

Riyadh – Mubasher: The board of Etihad Atheeb Telecommunication Company (GO) approved to name Yahya Bin Saleh Bin Mohsen Al Mansour as the company’s new CEO succeeding Fahad Bin Abdul Rahman Al Bawardi. The new appointment shall be effective as of …

Riyadh – Mubasher: Etihad Atheeb Telecommunication Company’s (GO) net losses after Zakat and tax fell by 61.5% on a yearly basis in the second quarter (Q2) of 2020 to reach SAR 12.27 million from SAR 31.86 million in the prior-year period. The …

Riyadh – Mubasher: Etihad Atheeb Telecommunication Company (GO) incurred a 34.38% increase in net losses after Zakat and tax during the fiscal year (FY) ended on 31 March 2020 as shown in the company’ consolidated financials. Net losses came at …

Riyadh – Mubasher: Etihad Atheeb Telecommunication Company (GO) has reduced its accumulated losses to SAR 76.85 million, representing 33.63% of the company’s capital. This comes after the company decreased its capital by 34.8% to amortise about …