Al Kathiri Holding Co

Riyadh – Mubasher: Al Kathiri Holding Company announced that its subsidiary Msandh Al Emdad Company has been awarded a project with the Presidency of State Security to establish a building in Riyadh. The contract, which value stands at SAR 20.99 …

Riyadh – Mubasher: Al Kathiri Holding Company logged net profits after Zakat and tax worth SAR 8.73 million in 2021, down 9.55% from SAR 9.65 million in 2020. The company’s revenues grew by 23.30% to SAR 128.77 million in 2021 from SAR 104.43 …

Riyadh – Mubasher: Al Kathiri Holding Company has completed the establishment of a concrete manufacturing plant in Al Narges View Project in Al-Jawan Suburb. The plant has started its operations and actual production on Saturday, 27 November 2021, …

Riyadh – Mubasher: Alian Industry Company, a subsidiary of Al Kathiri Holding Company, has been allocated a land plot spanning 7,000 square metres to build a plant for the manufacture and supply of ready-mixed concrete. Abdul Rahman Saad Al Rashed …

Riyadh – Mubasher: Simah Rating (Tassnief) has assigned Al Kathiri Holding Company a long-term entity rating of 'BBB-' and a short-term entity rating of 'T-4', with a stable outlook. The long-term rating reflects the company's creditworthiness and …

Riyadh – Mubasher: Al Kathiri Holding Company has announced its intention to issue local Sharia-compliant Sukuk worth SAR 500 million. The company seeks to market Saudi riyals-denominated Sukuk to accomplish general corporate purposes and meet its …

Riyadh – Mubasher: Msandh El Emdad Company, a wholly owned subsidiary of Al Kathiri Holding Company, has obtained the real estate developer certificate for a one-year term. The subsidiary will be able to sell and lease real estate assets despite …

Riyadh – Mubasher: Al Kathiri Holding Company achieved net profits after Zakat and tax worth SAR 7.3 million in the first half (H1) of 2021, a jump of 212.5% from SAR 2.33 million in H1-20. Earnings per share stood at SAR 0.64 in H1-21, compared …

Riyadh – Mubasher: Alian Industry Company, a subsidiary of Al Kathiri Holding Company, has signed an agreement with Riyad Bank to obtain a credit facility worth SAR 6 million. The loan duration is one year that can be renewed later, according to a …

Riyadh – Mubasher: The shareholders of Al Kathiri Holding Company approved, during the extraordinary general meeting (EGM), a capital increase of 25% by granting one share for every four existing shares, according to a bourse filing on Thursday. …

Riyadh – Mubasher: Al Kathiri Holding Company has received the Saudi Capital Market Authority’s (CMA) approval to raise the capital by SAR 22.6 million from the retained earnings account, according to a bourse disclosure on Wednesday. The company …

Riyadh – Mubasher: Al Kathiri Holding Company achieved a 15.6% increase in net profit after Zakat and tax at SAR 4.19 million during the first quarter (Q1) of 2021, compared with SAR 3.62 million in the same period a year earlier. Revenues surged …

Riyadh – Mubasher: Al Kathiri Holding Company reported lower net profits in 2020 by 39.7% to SAR 9.7 million from SAR 16 million a year earlier. The plunge in annual earnings was ascribed to a hike in operating, production, and raw material …

Riyadh – Mubasher: Al Kathiri Holding Company on Wednesday said its subsidiary, Alian Industry Factory, has secured SASO certification from the Saudi Standards, Metrology and Quality Organization (SASO).  This reflects the company's readiness for …

Riyadh – Mubasher: Al Kathiri Holding Company on Monday said it has completed 90% of the construction work of Alian Industry Factory in Sudair City for Industry and Business. Production lines of the new factory are expected to be operational by …

Riyadh – Mubasher: Al Kathiri Holding Company on Sunday said a total of 4.450,788 million shares of the newly offered shares have been subscribed at a value of SAR 44.507 million. The company’s rights issue was subscribed by 98.45%. The total …

Riyadh – Mubasher: Al Kathiri Holding Company’s extraordinary assembly has given the go ahead to increase the company’s capital by SAR 45.208 million via a rights issue. Therefore, the new capital will stand at SAR 90.417 million, compared to a …

Riyadh – Mubasher: Al Kathiri Holding Company suffered net losses worth SAR 1.3 million over the second quarter (Q2) of the year, against net profits of SAR 3 million in the year-ago period. The turn to loss is attributed to a decline in revenue …

Riyadh – Mubasher: Al Kathiri Holding Company on Wednesday said its subsidiary Alian Industry Company was chosen to supply 25,000 cubic meters of ready-mixed concrete, both regular and reinforced, to Tamimi Global Co for SAR 5.249 million. Tamimi …

Riyadh – Mubasher: Al Kathiri Holding Company reported a 72% growth in annual net profit after Zakat and tax to around SAR 16.02 million, up from SAR 9.3 million in 2018. The company attributed the increase in net profit to higher sales, which led …

Riyadh – Mubasher: Al Kathiri Holding Company announced the renewal of a Shariah-compliant bank facility agreement with the National Commercial Bank (NCB). The two parties also agreed to increase the value of the credit facilities by SAR 2 …

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced the update of the free float shares for all companies, effective from the start of trading on Sunday, 29 December 2019. Moreover, six new companies will be included to the Tadawul All …

Riyadh – Mubasher: Alian Industry Company, a subsidiary of Al Kathiri Holding Company, has signed a Shariah-compliant bank facility agreement with Riyad Bank. The credit facility value is SAR 18 million, with a financing period of 540 days, …

Riyadh - Mubasher: Al Kathiri Holding Company announced the Board of Directors’ recommendation to increase the capital to SAR 45.2 million, according to a correcting announcement to the Saudi Stock Exchange (Tadawul) on Sunday. The capital hike …

Riyadh – Mubasher: Al Kathiri Holding Company’s wholly owned subsidiary, Alian Industry, has signed a memorandum of understanding (MoU) with Italy’s modern construction technology company Emmedue. The agreement will include the transfer of the …