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28 April 2025 00:05 PM Al Modawat’s board eyes 200% capital hike
Riyadh – Mubasher: The board members of Al Modawat Specialized Medical Company recommended increasing the capital to SAR 71.25 million from SAR 23.75 million. The company will grant two bonus shares for each owned share, according to a bourse …
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28 April 2025 09:03 AM stc posts 11% higher profits in Q1-25; dividends unveiled
Riyadh – Mubasher: Saudi Telecom Company (stc) recorded net profits valued at SAR 3.64 billion in the first quarter (Q1) of 2025, marking a growth of 11.04% from SAR 3.28 billion in Q1-24. The revenues increased by 1.59% year-on-year (YoY) to SAR …
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27 April 2025 04:22 PM solutions reports higher profits at SAR 361m in Q1-25
Riyadh – Mubasher: Arabian Internet and Communications Services Company (solutions) achieved net profits amounting to SAR 361 million in the first quarter (Q1) of 2025. The recorded new profits were higher by 2.26% year-on-year (YoY) than SAR 353 …
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27 April 2025 03:09 PM Bank Albilad’s net profits up to SAR 700.5m in Q1-25
Riyadh – Mubasher: Bank Albilad logged net profits after Zakat and tax valued at SAR 700.40 million in the first quarter (Q1) of 2025, up 8.90% year-on-year (YoY) from SAR 643.10 million. The clients' deposits hit SAR 124.01 billion in the first …
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27 April 2025 02:32 PM Saudi Tadawul Group’s profits fall 40% in Q1-25
Riyadh – Mubasher: Saudi Tadawul Group Holding Company recorded 40.19% lower net profits at SAR 120.50 million in the first quarter (Q1) of 2025. The generated net profits were compared with SAR 201.50 million in the three-month period that ended …
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27 April 2025 02:02 PM ANB’s net profits up 5.5% in Q1-25
Riyadh – Mubasher: Arab National Bank (ANB) posted net profits amounting to SAR 1.30 billion in the first quarter (Q1) of 2025, an annual growth of 5.50% from SAR 1.23 billion. Earnings per share (EPS) stood at SAR 0.65 as of 31 March 2025, up …
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27 April 2025 01:47 PM SABIC Agri-Nutrients records SAR 985m profits in Q1-25
Riyadh – Mubasher: The net profits of SABIC Agri-Nutrients Company climbed by 17.12% to SAR 985 million in the first quarter (Q1) of 2025 from SAR 841 million in Q1-24. Meanwhile, the revenues increased by 22.12% year-on-year (YoY) to SAR 3.07 …
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27 April 2025 09:03 AM SAB’s net profits up 4.5% in Q1-25; assets hit SAR 425.7bn
Riyadh – Mubasher: Saudi Awwal Bank (SAB) generated net profits worth SAR 2.13 billion in the first quarter (Q1) of 2025, an annual growth of 4.50% from SAR 2.04 billion. The earnings per share (EPS) hit SAR 0.98 as of 31 March 2025, up …
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24 April 2025 07:46 PM Bank Albilad, Astra Industrial unveil key appointments
Riyadh – Mubasher: Bank Albilad appointed Nasser bin Mohammed Al Subaie as the new Chairman of the board for the coming three years, according to a bourse filing. Adeeb bin Mohammed Abanumai was announced as the Vice Chairman until 16 April 2028. …
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24 April 2025 07:19 PM Yansab’s profits shrink 86% in Q1-25
Riyadh – Mubasher: Yanbu National Petrochemical Company (Yansab) posted 86.23% lower net profits at SAR 13.70 million in the first quarter (Q1) of 2025, versus SAR 99.50 million. Meanwhile, the revenues increased by 8.74% year-on-year (YoY) to SAR …
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24 April 2025 06:26 PM SAIB’s profits exceed SAR 503m in Q1-25
Riyadh – Mubasher: The Saudi Investment Bank (SAIB) achieved net profits worth SAR 503.30 million in the first quarter (Q1) of 2025, an annual growth of 13.76% from SAR 442.40 million. The earnings per share (EPS) amounted to SAR 0.39 as of 31 …
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24 April 2025 11:53 AM MESC obtains SAR 140m loan from Riyad Bank
Riyadh – Mubasher: Middle East Specialized Cables Company (MESC) penned a Sharia-compliant facility deal worth SAR 140 million with Riyad Bank on 23 April 2025. The loan is secured by promissory notes valued at SAR 148 million and assignment of …
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24 April 2025 09:30 AM First Mills records 2.5% higher profits in Q1-25
Riyadh – Mubasher:  First Milling Company (First Mills) achieved 2.49% higher net profits at SAR 79.66 million in the first quarter (Q1) of 2025, compared to SAR 77.72 million. The revenues increased by 2.58% year-on-year (YoY) to SAR 283.59 …
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23 April 2025 06:59 PM Yamama Cement witnesses 23.5% higher net profits in Q1-25
Riyadh - Mubasher: Yamama Cement Company reported a 23.51% year-on-year (YoY) growth in net profit to SAR 142.07 million during the first quarter (Q1) of 2025, compared to SAR 115.03 million. The earnings per share (EPS) stood at SAR 0.70 at the …
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23 April 2025 06:39 PM Al Rajhi Bank’s profits surge to SAR 5.9bn in Q1-25
Riyadh - Mubasher: The net profits after Zakat and tax of Al Rajhi Bank increased by 34.07% year-on-year (YoY) to SAR 5.90 billion in the first quarter (Q1) of 2025, compared to SAR 4.40 billion. The clients' deposits hit SAR 629.22 billion in the …
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23 April 2025 01:30 PM Mobily logs SAR 767m profits in Q1-25
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) generated SAR 767 million in net profit during the first quarter (Q1) of 2025, up 20.21% year-on-year (YoY) from SAR 638 million. The company’s revenues increased by 5.10% to SAR 4.77 billion in …
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23 April 2025 00:50 PM solutions, stc sign SAR 142.5m contract
Riyadh – Mubasher: Arabian Internet and Communications Services Company (solutions) inked a SAR 142.40 million deal with Saudi Telecom Company (stc) on 21 April 2025, according to a bourse filing. The deal covers establishing and developing the …
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22 April 2025 01:42 PM Aldrees sees 29.5% higher net profits in Q1-25
Riyadh – Mubasher: Aldrees Petroleum and Transport Services Company achieved SAR 100.10 million in net profit during the first quarter (Q1) of 2025, an annual hike of 29.32% from SAR 77.40 million. Revenues jumped by 33.75% to SAR 5.82 billion in …
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22 April 2025 00:30 PM Othaim Markets renews SAR 634m leas deal
Riyadh – Mubasher: Abdullah Al Othaim Markets Company renewed a lease contract worth SAR 633.70 million for the commercial complex in Dammam City on 20 April 2024. The deal has an annual rental value of SAR 39 million in addition to a compounded …
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22 April 2025 00:17 PM SNB’s net profits jump 19.5% in Q1-25
Riyadh – Mubasher: The Saudi National Bank (SNB) posted an annual rise of 19.48% in net profit to SAR 6.02 billion during the first quarter (Q1) of 2025, compared to SAR 5.04 billion. Earnings per share (EPS) went up to SAR 0.96 as of 31 March …
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22 April 2025 09:56 AM First Mills secures SAR 630m loan from SAB
Riyadh – Mubasher:  First Milling Company (First Mills) penned a long-term sharia-compliant bank facility agreement worth SAR 630 million with the Saudi Awwal Bank (SAB) on 20 April 2025. First Mills will use the loan to support its commercial and …
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21 April 2025 04:10 PM Aramco, BYD to boost innovation of energy vehicle technologies
Riyadh – Mubasher: Saudi Arabian Oil Company (Aramco) and BYD, a leading manufacturer of new energy vehicles and power batteries, agreed to explore cooperation opportunities in new energy vehicle technologies. This partnership leverages the …
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21 April 2025 03:26 PM Sumou Real Estate awarded SAR 680m development agreement
Riyadh – Mubasher: Sumou Real Estate Company announced a SAR 680 million development deal with the National Housing Company to establish more than 900 Residential Villas in the Makkah Gate project. The company was awarded the project on 20 April …
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21 April 2025 01:52 PM Saudi Chemical’s board mulls SAR 42m dividends for 2024
Riyadh – Mubasher: The board of Saudi Chemical Company proposed cash dividends of SAR 42.16 million for 2024, according to a bourse disclosure. The company will disburse a dividend of SAR 0.05 per share, equivalent to 5% of the share capital, for …
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21 April 2025 00:11 PM Riyad Bank’s profits cross SAR 2.4bn in Q1-25
Riyadh – Mubasher: Riyad Bank logged 19.93% year-on-year (YoY) higher net profits at SAR 2.48 billion in the first quarter (Q1) of 2025, compared to SAR 2.07 billion. The clients' deposits stood at SAR 304.09 billion in Q1-25, up 12.23% from SAR …