Banan Real Estate Co. (9519)

Riyadh – Mubasher: Banan Real Estate Company recorded a 1.95% year-on-year (YoY) increase in net profit after tax to SAR 28.76 million in 2023 from SAR 28.21 million. Revenues rose by 11.26% YoY to SAR 65.97 million last year from SAR 59.29 …

Riyadh – Mubasher: The board members of Banan Real Estate Company approved cash dividends amounting to SAR 4 million, equivalent to 2% of the capital, for the first half (H1) of 2023. The firm will pay a dividend of SAR 0.02 per share for 200 …

Riyadh – Mubasher: Banan Real Estate Company renewed the lease agreement with Etihad Etisalat Company (Mobily) for the Oval office building in Olaya district which is located in the capital of Saudi Arabia for five Hijri years. Upon the contract …

Riyadh – Mubasher: Banan Real Estate Company has purchased a 10,069 square metres land plot in the Al Qadisiyah district in Riyadh for SAR 19.93 million. The transaction, which was completed on 31 August 2023, was funded through Islamic facilities …

Riyadh – Mubasher: The board members of Banan Real Estate Company agreed, on 4 July, to transfer the company's shares from the Parallel Market (Nomu) to the main market All Share Index (TASI). Banan Real Estate appointed AlDukheil Financial Group …

Riyadh – Mubasher: Banan Real Estate Company has appointed Abdul Mohsen Abdul Aziz Al Haqbani as the new Chairman of the board. The company also named Ahmed Abdul Rahman Al Haqbani as the Vice Chairman, according to a bourse filing. Furthermore, …

Riyadh – Mubasher: Banan Real Estate Company recorded net profits after Zakat and tax worth SAR 23.61 million in 2021, up by 43.13% from SAR 16.49 million in the previous year. Earnings per share (EPS) rose to SAR 1.18 last year from SAR 1.07 in …

Riyadh – Mubasher: Banan Real Estate Company has inked a SAR 73.1 million contract to purchase a commercial building in the Qurtoba district of Riyadh. With an annual income of SAR 6 million, the land area is 6,400 square meters, while the rental …

Riyadh – Mubasher: The shareholders of Banan Real Estate Company have approved the board’s recommendation of distributing a cash dividend of SAR 0.25 per share for the first half (H1) of 2021. The total dividend payout amount stands at SAR 5 …

Riyadh – Mubasher: Banan Real Estate Company will distribute a cash dividend of SAR 0.25 per share, accounting for 2.5% of the share’s par value, for the first half (H1) of 2021, subject to the general assembly’s approval. The real estate …

Riyadh – Mubasher: Banan Real Estate Company registered a leap of 52.5% in net profits after Zakat and tax at SAR 12.91 million in the first half (H1) of 2021, compared to SAR 8.46 million in H1-20. Earnings per share rose to SAR 0.65 in H1-21 …