Tanmiah Food Co. News - Mubasher Info
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Tanmiah Food Co. (2281)

Last update: 12:42 PM market time.
83.35
-11.95
-12.54%
Open 82.50
Previous Close 95.30
High 83.60
Low 82.45
Stock Statistics
Volume 37,095
Turnover 3,086,454.65
All data are 15 minutes late during market session

News

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25 September 03:00 AM Tanmiah’s ADC increases SAB Murabaha facility to SAR 310 million
Riyadh - Mubasher: Agricultural Development Company (ADC), a unit of Tanmiah Food Company, has raised its revolving Murabaha facility with Saudi Awwal Bank (SAB) to SAR 310 million from SAR 130 million.Valid for one year, the facility is secured by a
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7 January 05:40 PM Tanmiah’s subsidiary inks SAR 165m deal to boost expansion strategy
Riyadh – Mubasher: Agricultural Development Company (ADC), a subsidiary of Tanmiah Food Company, penned a SAR 165 million deal with Chengdu Design and Research Institute (CDI). The two parties will team up to build 100 poultry broiler houses, …
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2 December 2024 00:44 PM Tanmiah’s unit rolls out SAR 143m agreement
Riyadh – Mubasher: Agricultural Development Company (ADC), a subsidiary of Tanmiah Food Company, has signed a contract with a total value of SAR 143 million with Dajin Poultry Company. The transaction will be financed through existing banking …
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20 November 2024 02:31 PM Tanmiah pens SAR 650m facility deal with SNB
Riyadh – Mubasher: Agricultural Development Company Limited (ADC), a subsidiary of Tanmiah Food Company, secured new long-term and revolving Shariah-compliant facilities worth SAR 650 million from the Saudi National Bank (SNB). The company will …
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20 December 2023 01:44 PM Tanmiah obtains SAR 450m financing to boost expansion plans
Riyadh – Mubasher: Tanmiah Food Company secured a new Long-term credit facility amounting to SAR 450 million from Banque Saudi Fransi on 19 December 2023. Tanmiah will use the financing to back its strategic expansion plans, according to a bourse …
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7 November 2023 08:33 PM Tanmiah sees 22% decline in 9M-23 net profit
Riyadh – Mubasher: The net profits after Zakat and tax of Tanmiah Food Company amounted to SAR 49.60 million in the first nine months (9M) of 2023, a drop of 21.89% from SAR 63.50 million in the same period of the previous year. The revenues rose …
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6 July 2022 06:58 PM US-based Tyson to acquire stakes in Saudi Tanmiah subsidiaries for $70m
Riyadh – Mubasher: Tyson International Holding Company, a fully-owned unit of New York-listed Tyson Foods, intends to buy equities in Tanmiah Food Company’s subsidiaries for $70 million upon a signed sale and purchase agreement. Following the …
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21 April 2022 04:40 PM Tanmiah’s profits fall 92% in Q1-22 initial financials
Riyadh – Mubasher: Tanmiah Food Company has recorded net profits after Zakat and tax worth SAR 1.54 million during the first quarter (Q1) of 2022, down 91.80% from SAR 18.79 million in Q1-21. The company generated SAR 435.33 million in revenue …
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19 April 2022 04:35 PM Tanmiah names new Chairman, Vice Chairman
Riyadh – Mubasher: Tanmiah Food Company has appointed Amr Abdullah Al Dabbagh as the new Chairman of the board for the coming three years. The Saudi listed company also named Jamal Abdullah Al Dabbagh as the Vice Chairman, according to a recent …
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24 March 2022 01:59 PM Tanmiah’s board recommends SAR 0.51/shr dividend for 2021
Riyadh - Mubasher: The board of Tanmiah Food Company has suggested a cash dividend of SAR 0.51 per share for 2021. The company would pay a total of SAR 10.20 million, which represents 5.10% of the capital, for 20 million eligible shares, according …
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15 February 2022 01:01 AM Tanmiah’s net profits down 82% in 2021
Riyadh - Mubasher: The net profits after Zakat and tax of Tanmiah Food Company declined by 81.7% to SAR 13.56 million in 2021, compared to SAR 74.41 million a year earlier, the interim financial results showed. The company generated revenues of …
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5 December 2021 05:38 PM Popeyes to open restaurants in Saudi Arabia upon agreement with Tanmiah
Riyadh – Mubasher: Gulf Brand Fast Food Company, a subsidiary of Tanmiah Food Company, has signed an agreement with Popeyes to implement growth plans and services expansion across the value chain. Under the partnership, Popeyes, a chicken …
The listing and trading will start on Wednesday
2 August 2021 04:42 PM Tadawul to list Tanmiah’s shares this week
Riyadh – Mubasher: The Saudi Exchange (Tadawul) will start the listing and trading of Tanmiah Food Company’s shares on the Main Market on Wednesday, 4 August 2021.  Tadawul announced that the daily and static price fluctuation limits will be +/- …