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24 September 08:40 AM Academy of Learning’s board proposes 50% capital hike, dividends for FY24/25
Riyadh - Mubasher: The board of Academy of Learning Company has recommended a 50% capital increase to SAR 135 million from SAR 90 million through the issuance of bonus shares. The proposed increase will be implemented by capitalizing SAR 45 …
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26 March 08:55 PM Alkhaleej Training turns profitable at SAR 81m in 2024
Riyadh – Mubasher: Alkhaleej Training and Education Company turned profitable at SAR 81.06 million in 2024, compared to net losses valued at SAR 47.68 million in 2023. The revenues increased by 16.16% year-on-year (YoY) to SAR 1.14 billion at the …
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11 March 03:33 PM Herfy Food turns to losses at SAR 116.5m in 2024 amid lower revenue
Riyadh – Mubasher: Herfy Food Services Company posted a net loss of SAR 116.52 million in 2024, against a net profit of SAR 8.38 million in 2023. The revenue stood at SAR 1.12 billion as of 31 December 2024, down by 4.17% year-on-year (YoY) from …
Seera Group Holding
6 March 06:09 PM Seera turns to net losses of SAR 138 million in 2024; revenue exceeds SAR 4bn
Riyadh – Mubasher: Seera Group Holding shifted to net losses of SAR 138 million in 2024, against a net profit of SAR 234 million in 2023. Meanwhile, strong dynamics across all business lines drove the company's revenue to surge by 24.76% …
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10 February 07:49 PM Leejam Sports posts 28% higher profits in 2024; dividends for Q4 unveiled
Riyadh – Mubasher: Leejam Sports Company recorded a 28.08% year-on-year (YoY) hike in net profit to SAR 456 million during 2024, compared to SAR 356 million. The revenues hit SAR 1.50 billion as of 31 December 2024, up 13.28% from SAR 1.32 billion …
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4 February 07:28 PM Raydan Food liquidates Egypt unit to avoid currency exchange losses
Riyadh – Mubasher: Raydan Food Company commenced the liquidation procedures for its subsidiary in Egypt to avoid currency exchange losses, according to a bourse filing. Raydan Egypt, a fully-owned subsidiary with a capital of EGP 50,000, will …
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2 February 07:05 PM Armah signs SAR 224m contract with Banan Real Estate’s affiliate Qimam Nashaz
Riyadh – Mubasher: Armah Sports Company has inked a development and operation agreement with Qimam Nashaz Real Estate Development Company, an affiliate of Banan Real Estate Company, to develop two fully equipped fitness clubs on the Northern Ring …
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7 January 05:26 PM Ataa Educational obtains SAR 189.5m loan from Banque Saudi Fransi
Riyadh – Mubasher: Ataa Educational Company renewed its Sharia-compliant facility agreement with Banque Saudi Fransi at a total value of SAR 189.36 million. The financing deal is secured by a promissory note and real estate guarantees, according …
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30 December 2024 07:03 PM BAAN to boost real estate portfolio following rebranding; capital hike unveiled
Riyadh – Mubasher: BAAN Holding Group Company, formerly known as Abdulmohsen Alhokair for Tourism and Development, secured two strategic agreements on 29 December 2024, according to a bourse disclosure. BAAN inked a SAR 178.50 million deal with Al …
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3 December 2024 10:05 AM Multi Business, Arabica Star to begin Nomu trading this week
Riyadh – Mubasher: Multi Business Group Company and Arabica Star Company are set to trade 20% of their shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) this week. Multi Business will list 3 million shares under the symbol 9619 …
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6 November 2024 05:28 PM Seera reports SAR 174 net profit in 9M-24 amid 36% higher revenue
Riyadh – Mubasher: Seera Group Holding logged net profits amounting to SAR 174 million in the first nine months (9M) of 2024, which were 16.77% higher than SAR 149 million in 9M-23. The earnings per share (EPS) went up to SAR 0.44 in 9M-24 from …
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29 October 2024 03:34 PM Leejam Sports unveils SAR 355m profits in 9M-24, dividends for Q3-24
Riyadh – Mubasher: Leejam Sports Company achieved net profits valued at SAR 355 million in the first nine months (9M) of 2024, marking a 56.38% year-on-year (YoY) leap from SAR 227 million. The revenues hit SAR 1.09 billion in the …
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28 October 2024 11:00 AM Herfy Food swings to losses in 9M-24; revenues down
Riyadh – Mubasher: Herfy Food Services Company shifted to net losses valued at SAR 56.61 million in the first nine months (9M) of 2024, compared to net profits worth SAR 2.76 million in 9M-23. Revenues stood at SAR 868.81 million in 9M-24, down …
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10 September 2024 02:03 PM Ataa Educational renews SAR 510.5m loan from SAIB
Riyadh – Mubasher: Ataa Educational Company extended its Sharia-compliant facility deal with The Saudi Investment Bank (SAIB) at SAR 510.46 million on 9 September 2024. The facility agreement is secured by a promissory note with the value of the …
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28 August 2024 10:06 AM Alkhaleej Training, Tawuniya pen SAR 29m insurance deal
Riyadh – Mubasher: Alkhaleej Training and Education Company inked a SAR 29.19 million contract with the Company for Cooperative Insurance (Tawuniya) on 27 August 2024. Tawuniya will provide medical insurance services to Alkhaleej Training’s …
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11 August 2024 01:41 PM Seera logs SAR 131m net profits in H1-24
Riyadh – Mubasher: The net profits of Seera Group Holding amounted to SAR 131 million in the first half (H1) of 2024, up 5.64% year-on-year (YoY) from SAR 124 million. Earnings per share (EPS) fell to SAR 0.33 as of 30 June 2024 from SAR 0.41 in …
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6 August 2024 01:53 PM Herfy Food’s net losses deepen 181% in H1-24
Riyadh – Mubasher: The net losses of Herfy Food Services Company widened by 180.80% year-on-year (YoY) to SAR 23.24 million in the first half (H1) of 2024, compared to SAR 8.27 million. The revenues amounted to SAR 590.16 million in H1-24, an …
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4 August 2024 02:53 PM Alkhaleej Training’s profits leap 1,592% in H1-24
Riyadh – Mubasher: Alkhaleej Training and Education Company logged net profits standing at SAR 68.31 million in the first half (H1) of 2024, higher by 1,592% than SAR 4.03 million in H1-23. The revenues amounted to SAR 539.45 million as of 30 June …
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4 August 2024 02:08 PM Shams posts higher profits in H1-24; revenues down
Riyadh – Mubasher: Tourism Enterprises Company (Shams) generated a 125.64% year-on-year (YoY) leap in net profit to SAR 6.91 million during the first half (H1) of 2024, compared to SAR 3.06 million. The revenues totalled SAR 4.20 million in H1-24, …
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30 July 2024 04:58 PM Leejam Sports’ profit leaps by 24% YoY in H1-24; dividends approved
Riyadh – Mubasher: Leejam Sports Company’s consolidated net profit by jumped by 23.70% year-on-year (YoY) to SAR 167 million during the first half (H1) of 2024 from SAR 135 million. The company’s revenue increased by 18.65% YoY to SAR 687 million …
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25 July 2024 11:45 AM Burgerizzr’s net profit soars 105% YoY in H1-24
Riyadh – Mubasher: Shatirah House Restaurant Company (Burgerizzr) reported a 104.91% year-on-year (YoY) surge in net profit to SAR 6.68 million in the first half (H1) of 2024 from SAR 3.26 million. Sales grew by 10.68% YoY to SAR 146.07 million in …
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23 July 2024 03:21 PM Armah seals agreement worth over SAR 54.5m
Riyadh – Mubasher: Armah Sports Company signed a building lease contract on Mecca Road to develop and operate two new fitness clubs under one of its brands, according to a bourse filing. These clubs will feature enhanced facilities and a wide …
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11 July 2024 00:42 PM Fitness Time announces new name on Tadawul
Riyadh – Mubasher: Leejam Sports Company has announced changing its name on the Saudi Exchange (Tadawul) from Fitness Time to Leejam Sports. The decision aims to align the company’s name with its vision of being the leader in the sports and …
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10 July 2024 07:37 PM Burgerizzr unveils key board appointments
Riyadh – Mubasher: Shatirah House Restaurant Company (Burgerizzr) has appointed Mohammed bin Ali Al Ruwaigh as the Chairman of the board for the coming four years. Sami bin Mohammed Obaid has been named as the Vice Chairman for the same board …
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9 July 2024 00:47 PM Armah inks over SAR 127.5m lease deal
Riyadh – Mubasher: Armah Sports Company penned a land lease contract to develop and operate two fitness clubs as well as commercial and office spaces in Al Wadi District, according to a bourse filing. Under the brand OPTIMO, the clubs will be …