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29 September 2025 01:13 PM Marble Design unveils 15% capital raise via bonus shares
Riyadh - Mubasher: The board of Marble Design Factory Company greenlighted increasing its capital to SAR 75 million from SAR 60 million on 28 September. The 25% capital hike will be executed by capitalizing SAR 15 million from the retained …
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29 September 2025 00:59 PM Northern Region Cement’s board greenlights SAR 45m dividends for H1-25
Riyadh - Mubasher: The board of Northern Region Cement Company has approved SAR 45 million cash dividends, equivalent to 2.50% of the company’s SAR 1.80 billion capital, for the first half (H1) of 2025. The Tadawul-listed company will pay out a …
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15 June 2025 03:37 PM East Pipes Integrated’s CEO Al Shaheen resigns
Riyadh – Mubasher: Mohammed bin Abdulaziz Al Shaheen resigned from his position as the CEO of East Pipes Integrated Company for Industry due to personal reasons. The board members accepted Al Shaheen’s resignation on 12 June, yet it will become …
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12 June 2025 06:08 AM Saudi Steel Pipe announces 3 key appointments
Riyadh – Mubasher: Saudi Steel Pipe Company named Mohammed AbdulAziz AbdulRahman Al Shayea as the board’s Chairman for the next three years, according to a bourse filing The firm also named Carlos A. Ferreyra as the Vice Chairman for the upcoming …
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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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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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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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20 April 2025 04:38 PM Al Jouf Cement turns to SAR 28m losses in 2024
Riyadh – Mubasher: Al Jouf Cement Company shifted to net losses valued at SAR 27.73 million in 2024, compared to net profits worth SAR 37.67 million a year earlier. Revenues declined by 4.75% to SAR 256.50 million in 2024 from SAR 269.28 million …
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14 April 2025 09:40 AM Arabian Pipes seals SAR 107m supply deal
Riyadh – Mubasher: Arabian Pipes Company inked a SAR 107 million contract with Br. C.A.T. International L.L.C. on 13 April, according to a bourse disclosure. The nine-month agreement covers the manufacturing and supply of steel pipes for the third …
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10 April 2025 07:01 AM Advanced Petrochemical turns profitable at SAR 72m in Q1-25
Riyadh – Mubasher: Advanced Petrochemical Company shifted to net profits valued at SAR 72 million in the first quarter (Q1) of 2025, against net losses of SAR 58 million in Q1-24. The revenues hiked by 91.27% year-on-year (YoY) to SAR 614 million …
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1 April 2025 09:51 PM Global firm EXP announces partnership with oil-focused Al Suwaiket
Riyadh – Mubasher: EXP, a global engineering, architecture, design and consulting firm has teamed with Al Suwaiket Group, a leader in supplying products and services to the oil and gas industry, for projects in Saudi Arabia. The EXP Al Suwaiket …
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1 April 2025 09:26 PM Chemanol incurs 53% higher net losses in 2024
Riyadh – Mubasher: Methanol Chemicals Company (Chemanol) suffered net losses worth SAR 272.30 million in 2024. The negative results marked a 53.15% annual increase compared to SAR 177.80 million in 2023, according to the financial results. The …
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1 April 2025 08:35 PM Takween announces 66% decline in 2024 net losses, 39% of capital accumulated losses
Riyadh – Mubasher: The net losses of Takween Advanced Industries Company shrank by 66.04% to SAR 75.83 million in 2024 compared to SAR 223.33 million in 2023. The loss per share decreased to SAR 1.05 in 2024 from SAR 4.09 a year earlier, according …
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27 March 2025 08:19 PM Southern Province Cement logs SAR 244m net profits in 2024
Riyadh – Mubasher: Southern Province Cement Company registered SAR 244 million in net profit at the end of December 2024, an annual rise of 25.13% from SAR 195 million. The sales retreated by 12.62% year-on-year (YoY) to SAR 935 million in 2024 …
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27 March 2025 02:05 PM Zamil Industrial’s profits near SAR 27m in 2024; accumulated loss unveiled
Riyadh – Mubasher: Zamil Industrial Investment Company turned profitable at SAR 26.80 million in 2024, against net losses valued at SAR 297.84 million in 2023. The revenues jumped by 30.02% year-on-year (YoY) to SAR 6.09 billion at the end of …
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26 March 2025 05:56 PM Eastern Province Cement records 26.5% higher profits in 2024; dividends for H2 unveiled
Riyadh – Mubasher: Eastern Province Cement Company generated SAR 248 million in net profit during 2024, up 26.53% year-on-year (YoY) from SAR 196 million. The revenues increased by 21.59% to SAR 1.21 billion last year from SAR 996 million in 2023, …
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23 March 2025 03:16 PM Alujain Corporation reports 38.5% plunge in losses during 2024; dividends police unveiled
Riyadh – Mubasher: Alujain Corporation suffered 38.36% year-on-year (YoY) lower net losses at SAR 50.70 million at the end of December 2024, compared to SAR 82.25 million, according to the financial results. The revenues jumped by 11.36% to SAR …
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19 March 2025 04:31 PM Qassim Cement’s profits cross SAR 301m in 2024
Riyadh – Mubasher: Qassim Cement Company achieved net profits worth SAR 301.34  million in 2024, higher by 112.26% year-on-year (YoY) than SAR 141.97 million. Revenues surged by 65.81% YoY to SAR 967.57 million at the end of December 2024 from SAR …
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19 March 2025 04:06 PM Riyadh Cement’s profits hike 64.5% in 2024
Riyadh – Mubasher: Riyadh Cement Company registered SAR 310.43 million in net profit at the end of December 2024, higher by 64.45% year-on-year (YoY) than SAR 188.77 million. Revenues increased by 22.69% to SAR 789.39 million last year from SAR …
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18 March 2025 02:13 PM Yanbu Cement’s profits jump 31% in 2024
Riyadh – Mubasher: Yanbu Cement Company recorded 31.02% year-on-year (YoY) higher net profits at SAR 157.12 million at the end of December 2024, compared with SAR 119.92 million. Revenues amounted to SAR 876.13 million last year, up 5.91% from SAR …
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17 March 2025 09:05 PM Saudi Kayan inks SAR 8.1bn loan from 3 listed lenders
Riyadh – Mubasher: Saudi Kayan Petrochemical Company penned an agreement, on 16 March, to refinance Islamic Murabaha loans amounting to SAR 8.10 billion with certain local banks. This deal aims to achieve several strategic objectives, including …
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17 March 2025 00:30 PM Tasnee logs SAR 103m net profits in 2024
Riyadh – Mubasher: National Industrialization Company (Tasnee) posted 49.01% year-on-year (YoY) lower net profits at SAR 102.80 million in 2024, compared to SAR 201.60 million. Revenues hit SAR 3.90 billion as of 31 December 2024, an annual growth …
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16 March 2025 10:54 AM Najran Cement records 24% surge in net profits during 2024
Riyadh – Mubasher: Najran Cement Company achieved SAR 68.42 million in net profit as of 31 December 2024, higher by 24.05% year-on-year (YoY) than SAR 55.16 million. Revenues hiked by 10.06% to SAR 534.50 million last year from SAR 485.65 million …
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12 March 2025 06:22 PM Northern Region Cement posts 79% increase in 2024 net profit
Riyadh – Mubasher: Northern Region Cement Company registered a 78.88% rise in net profit to SAR 100.87 million during 2024 compared with SAR 56.39 million in 2023. The earnings per share (EPS) increased to SAR 0.56 in 2024 from SAR 0.31 in the …
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9 March 2025 00:01 PM Ma’aden logs SAR 2.8bn profits in 2024
Riyadh – Mubasher: Saudi Arabian Mining Company (Ma’aden) posted 82.05% year-on-year (YoY) higher net profits at SAR 2.87 billion in 2024, compared to SAR 1.57 billion. Revenues increased by 11.19% YoY to SAR 32.54 billion at the end of December …