Lazurde Company for Jewelry (4011)

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News

11 August 2025 03:00 AM Lazurde turns to SAR 12.5m losses in H1-25; sales up to SAR 1.3bn

Riyadh - Mubasher: Lazurde Company for Jewelry suffered net losses worth SAR 12.50 million in the first six months (6M) of 2025, against net profits of SAR 32 million in 6M-24.Meanwhile, the sales hit SAR 1.38 billion in the first half (H1) of 2025,

Sector Reports

10 March 2025 07:26 PM Lazurde’s net profits fall 62% in 2024

Riyadh – Mubasher: Lazurde Company for Jewelry logged net profits valued at SAR 11.70 million in 2024, an annual plunge of 62.01% from SAR 30.80 million. The Saudi firm posted 13.10% year-on-year (YoY) higher revenues at SAR 2.10 billion in 2024, …

Financial Results

12 November 2024 10:05 AM Lazurde logs nearly SAR 25m profits in 9M-24 interim results

Riyadh – Mubasher: Lazurde Company for Jewelry generated 42.98% lower net profits at SAR 24.80 million in the first nine months (9M) of 2024, compared to SAR 43.50 million in 9M-23. Revenues amounted to SAR 1.69 billion in 9M-24, up 9.51% from SAR …

Financial Results

16 May 2024 05:16 PM Lazurde’s net profit surges 141% YoY in Q1-24

Riyadh – Mubasher: The net profits of Lazurde Company for Jewelry surged by 141.37% year-on-year (YoY) to SAR 28 million in the first quarter (Q1) of 2024 from SAR 11.60 million. Revenues grew 9.91% YoY to SAR 545.50 million in Q1-24 from SAR …

Financial Results

1 May 2024 11:03 AM Lazurde appoints new Chairman, Vice Chairman

Riyadh – Mubasher: Lazurde Company for Jewelry has appointed Abdullah Abdulaziz Al Othaim as its new Chairman for the coming three years. The board also named Saud Ghassan Al Sulaiman as the Vice Chairman, according to a bourse filing. The two …

Management Decisions

31 March 2024 01:02 PM Lazurde sees 10% lower profits in 2023; dividends proposed

Riyadh – Mubasher: The net profits of Lazurde Company for Jewelry fell by 9.94% year-on-year (YoY) to SAR 30.80 million in 2023 from SAR 34.20 million. Revenues declined by 4.13% to SAR 1.91 billion last year from SAR 1.99 billion in 2022, …

Board of Directors

8 November 2023 06:48 PM Lazurde’s net profit rises 38.5% in 9M-23

Riyadh – Mubasher: Lazurde Company for Jewelry posted a net profit after Zakat and tax of SAR 43.50 million in the first nine months (9M) of 2023, up by 38.53% from SAR 31.40 million in the same period of 2022. The earnings per share (EPS) …

Financial Results

21 May 2023 09:54 AM Lazurde’s Q1-23 profits skyrocket over 329.5% on quarterly basis

Riyadh – Mubasher: The net profits after Zakat and tax of Lazurde Company for Jewelry amounted to SAR 11.60 million during the first quarter (Q1) of 2023. The recorded net profits were lower by 15.33% year-on-year (YoY) than SAR 13.70 million, …

Financial Results

26 March 2023 03:36 PM Lazurde logs over SAR 34m profits in 2022; dividends recommended

Riyadh – Mubasher: Lazurde Company for Jewelry witnessed net profits after Zakat and tax worth SAR 34.20 million in 2022, an annual increase of 55.45% from SAR 22 million. Revenues amounted to SAR 1.99 billion as of 31 December 2022, up 1.43% …

Board of Directors

6 November 2022 04:31 PM Lazurde sees 20.77% higher profits in 9M-22

Riyadh – Mubasher: Lazurde Company for Jewelry has achieved a year-on-year (YoY) rise of  20.77% in its net profit after Zakat and tax during the first nine months (9M) of 2022 at SAR 31.40 million, compared to SAR 26 million. Earnings per share …

Financial Results

16 August 2022 04:54 PM Lazurde’s profits jump to SAR 22m in H1-22 interim results

Riyadh – Mubasher: Lazurde Company for Jewelry posted a 21.98% growth in net profit after Zakat and tax to SAR 22.20 million during the first half (H1) of 2022, compared to SAR 18.20 million in H1-21. Revenues levelled up by 1.15% year-on-year …

Financial Results

3 July 2022 06:09 PM Lazurde to pay 2.5% of capital as dividends for 2021

Riyadh – Mubasher: The shareholders of Lazurde Company for Jewelry have approved a cash dividend distribution of SAR 0.25 per share for 2021. The listed firm will disburse a total of SAR 14.37 million, equivalent to 2.50% of the capital, according …

Cash Dividends

22 May 2022 09:41 AM Lazurde records 34% higher profits in Q1-22

Riyadh – Mubasher: The net profits after Zakat and tax of Lazurde Company for Jewelry jumped by 34.31% year-on-year (YoY) to SAR 13.70 million in the first quarter (Q1) of 2022 from SAR 10.20 million. The company's revenues amounted to SAR 614.50 …

Financial Results

17 March 2022 01:39 PM Lazurde turns profitable in 2021; dividends proposed

Riyadh – Mubasher: Lazurde Company for Jewelry has posted net profits after Zakat and tax worth SAR 22 million in 2021, against net losses of SAR 120.50 million in 2020. The company witnessed a year-on-year (YoY) jump of 54.21% in revenues to SAR …

Board of Directors

1 November 2021 00:03 PM Lazurde turns profitable in nine months, Q3

Riyadh – Mubasher: Lazurde Company for Jewelry achieved a net profit after Zakat and tax of SAR 26 million during the first nine months of 2021, against losses worth SAR 86.6 million in the same period last year. Earnings per share amounted to SAR …

Financial Results

8 August 2021 03:32 PM L’azurde records SAR 18m net profits in H1-21

Riyadh – Mubasher: L’azurde Company for Jewelry turned to net profits after Zakat and tax worth SAR 18.2 million in the first six months of 2021, against net losses of SAR 67.8 million in the same period last year. Earnings per share stood at SAR …

Financial Results

4 July 2021 04:45 PM L'azurde repays SAR 75m long-term credit facility using capital raise proceeds

Riyadh - Mubasher: L'azurde Company for Jewelry has repaid a long-term credit facility worth SAR 75 million, using the proceeds from the rights issue capital increase. The company said that the payment will contribute to lowering financing costs, …

Banking and Finance

27 June 2021 03:52 PM Value of L'azurde remaining shares’ subscription totals SAR 37.5m

Riyadh – Mubasher: L'azurde Company for Jewelry has sold 1.72 million of its remaining shares that were offered for subscription, with a coverage percentage reaching 1,550%. The shares were sold for SAR 21.75 each at a total value of SAR 37.45 …

Companies Investments

20 June 2021 11:20 AM L'azurde says rights issue attracts SAR 128m in subscribed shares

Riyadh – Mubasher: L'azurde Company for Jewelry said the rights issue to raise its capital resulted in 12.77 million subscribed shares at a value of SAR 127.77 million. This volume represented 88.12% of the total 14.5 million shares L'azurde has …

Management Decisions

6 June 2021 00:53 PM L'azurde announces rights issue duration for capital raise

Riyadh – Mubasher: The rights issue and new shares subscription period for L'azurde Company for Jewelry’s capital increase is starting on 7 June, and until the 17th of the month. L'azurde said, in a disclosure to Tadawul on Sunday, that eligible …

Corporate Actions

3 June 2021 10:48 AM L'azurde’s shareholders nod to 34% capital hike, fluctuation limit announced

Riyadh – Mubasher: The shareholders of L'azurde Company for Jewelry gave the green light for increasing the capital by 33.72% or SAR 145 million through a rights issue, according to a disclosure to Tadawul on Thursday. The company will grant …

Management Decisions

7 April 2021 04:27 PM L'azurde obtains regulator’s nod for capital increase

Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) approved L'Azurde Company for Jewelry’s request to raise the capital by SAR 145 million through a rights issue. The increase will be limited to the shareholders registered at the Security …

Corporate Actions

31 March 2021 04:51 PM L'azurde reports 588.5% higher losses in 2020

Riyadh – Mubasher: The net losses after zakat and tax of L'azurde Company for Jewelry surged by 588.571% to SAR 120.5 million in 2020 from SAR 17.5 million in 2019. Higher losses are mainly driven by lower operating revenues due to the impact of …

Financial Results

27 December 2020 09:18 AM L'azurde submits request to CMA for SAR 145m capital raise

Riyadh – Mubasher: L'azurde Company for Jewelry has submitted a request to the Capital Market Authority (CMA) for a SAR 145 million capital increase via a rights issue. The Tadawul-listed firm wants to increase its capital to SAR 575 million from …

Companies Investments