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14 January 05:45 AM

Sector News

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20 April 2025 00:56 PM Jarir Bookstores logs over SAR 217m profits in Q1-25
Riyadh – Mubasher: Jarir Marketing Company (Jarir Bookstores) registered SAR 217.30 million in net profit during the first quarter (Q1) of 2025, down 0.91% year-on-year (YoY) from SAR 219.30 million. Revenues increased by 2.65% to SAR 2.72 billion …
Financial Results
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8 April 2025 01:39 PM eXtra logs SAR 103.5m profits in Q1-25
Riyadh – Mubasher: The net profits of United Electronics Company (eXtra) jumped by 10.12% year-on-year (YoY) to SAR 103.36 million in the first quarter (Q1) of 2025 from SAR 93.86 million. The revenues hit SAR 1.74 billion in the first three …
Financial Results
Photo Archive
27 March 2025 03:00 AM Cenomi Retail’s net losses fall 82% in 2024
Riyadh – Mubasher: The net losses of Fawaz Abdulaziz Al-Hokair Company (Cenomi Retail) shrank by 82.25% to SAR 197.50 million in 2024 from SAR 1.11 billion in 2023, according to the financial results.Loss per share plummeted to SAR 1.77 last year fro
Sector Reports
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26 March 2025 01:35 PM SASCO’s profits shrink 61.5% in 2024
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) generated 61.41% year-on-year (YoY) lower net profits at SAR 44.21 million in 2024, compared to SAR 114.55 million. On the other hand, the revenues witnessed an annual growth of 11.78% …
Financial Results
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11 March 2025 03:21 PM Nice One's net profit soars nearly 120% in 2024
Riyadh – Mubasher: Nice One Beauty Digital Marketing Company posted a net profit of SAR 71.74 million in 2024, reflecting a 119.91% year-on-year (YoY) surge from SAR 32.62 million. The revenues reached SAR 1 billion as of 31 December 2024, marking …
Financial Results
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2 February 2025 10:53 AM Jarir’s sales cross SAR 10.8bn in 2024; net income affected by Egyptian pound devaluation
Riyadh – Mubasher: Jarir Marketing Company (Jarir Bookstores) recorded net profits valued at SAR 974 million in 2024, up 0.10% from SAR 973 million in the January-December 2023 period. The sales increased by 2.23% year-on-year (YoY) to SAR 10.83 …
Financial Results
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27 January 2025 01:00 PM Baazeem Trading unveils 3 key appointments
Riyadh – Mubasher: Baazeem Trading Company has appointed  Salem bin Saleh Baazeem as the Chairman of the board for the next four years. Fawzia bent Saleh Baazeem was announced as the Vice Chairman, according to a bourse disclosure. The board also …
Corporate Actions
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8 January 2025 04:38 PM Nice One lists on Tadawul as 1st unicorn tech firm to debut on Main Market
Riyadh – Mubasher: Care e-commerce platform Nice One Beauty Digital Marketing Company announced the listing of its shares on the Main Market of the Saudi Exchange (Tadawul) as of 8 January 2025 under the ticker symbol 4193. The listing followed …
Trading Activities
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8 January 2025 03:06 PM eXtra sees 37% higher net profits in 2024
Riyadh – Mubasher: United Electronics Company (eXtra) posted 36.89% year-on-year (YoY) higher net profits at SAR 534.53 million in 2024, compared to SAR 390.46 million. The company recorded sales valued at SAR 6.78 billion as of 31 December 2024, …
Financial Results
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7 January 2025 11:00 AM Nice One to begin trading 30% of capital on Tadawul this week
Riyadh – Mubasher: Nice One Beauty Digital Marketing Company is set to commence trading its shares on the Main Market of the Saudi Exchange (Tadawul) on Wednesday, 8 January 2025. Under the symbol 4193, the company is set to float 30% of its share …
Trading Activities
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5 January 2025 10:55 AM Raya Holding’s unit enters Saudi market via partnership with Jarir
Cairo – Mubasher: Aman Holding, a subsidiary of Raya Holding for Financial Investment, penned a strategic partnership deal with Jarir Marketing Company (Jarir Bookstores) and Al Manea, according to a press release. This collaboration, which marks …
Companies Investments
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31 December 2024 05:47 PM Saudi Jarir, Aman Egypt to establish SAR 100m finance company
Riyadh – Mubasher: Jarir Marketing Company (Jarir Bookstores) signed, on 31 December 2024, a non-binding memorandum of understanding (MoU) with Aman Non-Bank Financial Services and Electronic Payments Company Egyptian Joint Stock Company (Aman …
Companies Investments
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30 December 2024 05:14 PM Alsaif Gallery unveils SAR 97m sale deal to support growth strategy
Riyadh – Mubasher: Al Saif Stores for Development and Investment Company (Alsaif Gallery) sold a commercial building in Riyadh City at a total amount of SAR 97 million, according to a bourse filing. Located in Al Arid District, the building has an …
Companies Investments
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5 December 2024 08:18 PM EFG Hermes concludes advisory on SAR 990m IPO for extra’s subsidiary
Cairo – Mubasher: EFG Hermes, a subsidiary of EFG Holding, advised United Electronics Company (eXtra), on the SAR 990 million initial public offering (IPO) of its subsidiary on the Saudi Exchange’s Main Market (Tadawul). United International …
Initial Public Offerings
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11 November 2024 01:43 PM Cenomi Retail suffers lower losses in 9M-24, turns profitable in Q3
Riyadh – Mubasher: Fawaz Abdulaziz Al-Hokair Company (Cenomi Retail) incurred net losses of SAR 48.30 million in the first nine months (9M) of 2024, an annual plunge of 45.79% from SAR 89.10 million. The revenues stood at SAR 3.71 billion in …
Financial Results
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21 October 2024 03:23 PM SASCO posts 2.5% higher net profits in 9M-24
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) recorded net profits valued at SAR 34.07 million in the first nine months (9M) of 2024, up 2.40% from SAR 33.27 million in 9M-23. The revenues stood at SAR 7.58 billion in the …
Financial Results
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21 October 2024 11:37 AM United International Holding to float shares on Tadawul
Riyadh – Mubasher: United International Holding Company (UIHC), a subsidiary of United Electronics Company (eXtra), plans to float 7.50 million shares, on the Saudi Exchange’s Main Market (Tadawul). The Capital Market Authority (CMA) greenlighted …
Trading Activities
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15 October 2024 11:04 AM Jarir’s profits exceed SAR 698.5m in 9M-24
Riyadh – Mubasher: The net profits of Jarir Marketing Company (Jarir Bookstores) inched down by 0.18% to SAR 698.60 million in the first nine months (9M) of 2024 from SAR 699.90 million in 9M-23. The sales amounted to SAR 7.96 billion in the …
Financial Results
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8 October 2024 03:23 PM Cenomi Retail launches 12 new Subway branches in Saudi Arabia
Riyadh – Mubasher: Fawaz Abdulaziz Al Hokair Company (Cenomi Retail) opened 12 new Subway branches across Saudi Arabia in a single day, setting a new world record for the number of openings. This strategic move caters to a range of consumer …
Companies Investments
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8 October 2024 10:04 AM eXtra logs nearly SAR 357m profits in 9M-24 estimated results
Riyadh – Mubasher: United Electronics Company (eXtra) achieved a net profit worth SAR 356.70 million in the first nine months (9M) of 2024, an annual rise of 34.91% from SAR 264.38 million. The sales amounted to SAR 5.10 billion in the …
Financial Results
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8 September 2024 10:20 AM SASCO’s board greenlights SAR 17.5m dividends for H1-24
Riyadh – Mubasher: The board members of Saudi Automotive Services Company (SASCO) approved cash dividends worth SAR 17.50 million, representing 2.50% of the capital, for the first half (H1) of 2024. The Saudi firm will distribute SAR 0.25 per …
Cash Dividends
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21 August 2024 00:30 PM Alsaif Gallery launches 7th branch in GCC countries
Riyadh – Mubasher: Al Saif Stores for Development and Investment Company (Alsaif Gallery) has inaugurated its first branch in Qatar, located in the city of Doha. This branch, which is the 73rd for the company, covers an area of 1,392 square …
Companies Investments
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18 August 2024 09:26 AM Fakhouri leads Cenomi Retail’s growth strategy as CEO
Riyadh – Mubasher: The board of Fawaz Abdulaziz Al Hokair Company (Cenomi Retail) approved the appointment of Salim Fakhouri as the company’s CEO, which became effective on 14 August 2024. Fakhouri served as the Acting CEO of Cenomi Retail since …
Management Decisions
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12 August 2024 11:09 AM Cenomi Retail shifts to net losses in H1-24
Riyadh – Mubasher: Fawaz Abdulaziz Al-Hokair Company (Cenomi Retail) turned to net losses valued at SAR 67.60 million in the first half (H1) of 2024, against profits worth SAR 113.80 million in H1-23. The revenues amounted to SAR 2.59 billion in …
Financial Results
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29 July 2024 02:01 PM SASCO’s profits fall to SAR 23m in H1-24
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) generated SAR 22.86 million in net profit during the first half (H1) of 2024, down 2.47% year-on-year (YoY) from SAR 23.44 million. The revenues amounted to SAR 4.93 billion in H1-24, an …
Financial Results