Edarat Communication and Information Technology Co. (9557)

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News

4 February 06:17 PM Edarat Group logs SAR 104.5m revenue in 2024; net profit surges 40% YoY

Riyadh – Mubasher: Edarat Communication and Information Technology Company (Edarat Group) reported a net profit of SAR 24.66 million in 2024, which marked a 41.98% year-on-year (YoY) surge from SAR 17.37 million. Edarat Group’s revenue increased …

Management Decisions

23 July 2024 05:45 PM Edarat Communication inks 2 agreements for cloud, data centre services

Riyadh – Mubasher: Edarat Communication and Information Technology Company has signed two contracts with BPS ARABIA for Information Technology and Digital Centers for Data and Communication for cloud, data centre design, supervision, consulting …

Companies Investments

23 June 2024 00:24 PM MIS’ unit Edarat Communication announces SAR 126m project award

Riyadh – Mubasher: Edarat Communication and Information Technology Company received a project award valued at SAR 125.77 million from Al Moammar Information Systems Company (MIS). The project contract, which was awarded on 13 June, covers the …

Companies Investments

17 April 2024 06:11 PM Edarat Communication’s EGM approves 100% new capital hike

Riyadh – Mubasher: The shareholders of Edarat Communication and Information Technology Company gave a nod, during their extraordinary general meeting (EGM) on 16 April 2024, for doubling the capital through bonus shares.   This decision builds on …

Corporate Actions

1 January 2024 05:59 PM Edarat Communication inks over SAR 11m contract with Saudi gov’t

Riyadh – Mubasher: Edarat Communication and Information Technology Company signed a contract worth SAR 11.47 million with the Ministry of Human Resources and Social Development for 2.5 years starting from 3 December 2023. The contract covers the …

Companies Investments

6 April 2023 04:21 PM Edarat Communication obtains regulatory nod to double capital

Riyadh – Mubasher: Edarat Communication and Information Technology Company received the approval of the Capital Market Authority (CMA), on 5 April, to increase its capital by 100% through bonus shares. The listed firm plans to increase the capital …

Corporate Actions

9 January 2023 04:02 PM Saudi parallel market Nomu sees IPO momentum in 2023

By: Bedour El-Raie  Mubasher: The Parallel Market (Nomu) of the Saudi Exchange (Tadawul) witnessed an unprecedented leap in new initial public offerings (IPOs) in 2022, welcoming 32 new companies to the market. The number of Nomu-listed companies …

Macroeconomics

26 December 2022 05:24 PM Edarat Communication mulls 100% capital raise via bonus shares

Riyadh – Mubasher: The board of Edarat Communication and Information Technology Company recommended a 100% capital increase to SAR 12.60 million from SAR 6.30 million, according to a bourse filing. In order to carry out the capital hike …

Companies Investments