Riyadh Steel Co. (9588)

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News

20 August 02:38 PM Riyadh Steel generates 146% profit growth in H1-26 despite revenue decline

Riyadh — Mubasher: Riyadh Steel Company announced a 145.76% surge in net profit to SAR 6.03 million during the first half (H1) of 2025 compared to SAR 2.45 million in H1-25, according to a bourse disclosure. The company attributed the bottom-line …

Company News

7 June 02:26 PM Riyadh Steel announces e-voting kickoff for EGM agenda items

Riyadh - Mubasher: Riyadh Steel Company reminded shareholders that electronic voting on the agenda items of its extraordinary general meeting (EGM) is now open ahead of the meeting that is scheduled for 8 June 2026.  The company said shareholders …

Corporate Actions

12 April 11:55 AM Riyadh Steel to pay SAR 3.5m cash dividends for 2025

Riyadh – Mubasher: Riyadh Steel Company announced cash dividends amounting to SAR 3.50 million, representing 5% of the capital, for 2025. The group plans to SAR 0.05 per share for 70 million eligible shares, according to a bourse filing. …

Company News

4 December 2024 11:36 AM Riyadh Steel’s CEO resigns; Acting CEO unveiled

Riyadh – Mubasher: Riyadh Steel Company has approved the resignation of Ahmed bin Abdulkarim Al Nafea from his position as its CEO, which will be effective on 31 December 2024. The board members decided, on 3 December, to appoint Abdullah Radhwan …

Board of Directors

27 December 2023 00:19 PM Riyadh Steel mulls 40% capital raise

Riyadh – Mubasher: The board members of Riyadh Steel Company recommended a 40% capital hike by granting bonus shares on 25 December 2023, according to a bourse filing. The new capital will stand at SAR 70 million distributed over 7 million shares, …

Management Decisions