Tabuk Agricultural Development Co (6040)

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News

24 June 2025 03:00 AM TADCO submits 53% capital reduction request to CMA

Riyadh - Mubasher: Tabuk Agricultural Development Company (TADCO) has submitted an application to the Capital Market Authority (CMA) for approval to reduce its capital by 52.94%.The request, submitted on 23 June 2025, follows the board’s recommendati

Companies Investments

16 June 2025 03:00 AM TADCO, SEC ink agreement for power transmission station

Riyadh - Mubasher: Tabuk Agricultural Development Company (TADCO) has signed an agreement with the National Electricity Transmission Company, a subsidiary of the Saudi Electricity Company.Under the agreement, which is valid until 31 December 2026 or

Companies Investments

4 July 2024 11:58 AM TADCO names new Chairman, Vice Chairman

Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO) appointed Majid Ahmed Ibrahim Al Suwaigh as the Chairman of the board for the next three years. Ahmed Sirag Khogeer was appointed as the Vice Chairman, according to a bourse …

Corporate Actions

21 April 2024 01:22 PM TADCO pens MoU to build greenhouses in Tabuk

Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO) has signed a non-binding memorandum of understanding (MoU) with Saudi Greenhouse and Agri Marketing Company to construct and manage high-tech greenhouses and marketing agriculture …

Companies Investments

18 April 2024 02:16 PM TADCO inks MoU with NEOM's food company

Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO) has signed a non-binding memorandum of understanding (MoU) with Topian, NEOM's food company. The MoU includes cooperation for the planning, development, construction, and operation …

Companies Investments

21 January 2024 04:35 PM TADCO to have new CEO in April

Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO) will have Yahya Ahmed Mubaraki as its new CEO starting from 1 April 2024. The appointment decision was made during the board meeting on 20 January this year, according to a bourse …

Companies Investments

19 August 2021 03:27 PM TADCO’s losses increase 115% in H1-21; accumulated losses total SAR 45m

Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO) incurred net losses after Zakat and tax worth SAR 25.01 million in the January-June 2021 period, higher by 115% than SAR 11.61 million in the first half (H1) of 2020. The loss per …

Financial Results

12 July 2021 03:28 PM TADCO’s unit appoints financial advisor to list on Nomu

Riyadh – Mubasher: Horizon Foods Limited Company, a 50%-owned subsidiary by Tabuk Agricultural Development Company (TADCO), has appointed Wasatah Capital to be the financial advisor for listing its shares, according to a bourse filing on Monday. …

Trading Activities

23 May 2021 03:19 PM TADCO’s annual losses shrink to SAR 1m in Q1

Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO) posted a 72% decrease in net profit after Zakat and tax to SAR 1.34 million during the first quarter (Q1) of 2021, from SAR 4.82 million in the same quarter a year ago. TADCO’s loss …

Financial Results

23 May 2021 11:17 AM TADCO’s accumulated losses down to 5.6% of capital

Riyadh – Mubasher: Tabuk Agricultural Development Company (TADCO) said its accumulated losses have reached SAR 22.01 million, which represents 5.6% of the capital, until 3 May 2021. TADCO has disclosed a correction on 23 May after it said last …

Corporate Actions

20 May 2021 10:44 AM TADCO says accumulated losses shrink to 9% of capital

Riyadh – Mubasher: The accumulated losses of Tabuk Agricultural Development Company (TADCO) have decreased to SAR 22.01 million from SAR 90.03 million. Upon the consolidated unaudited financial position on 3 May 2021, the accumulated losses …

Management Decisions

4 May 2021 10:16 AM TADCO to offset SAR 68m of accumulated losses

Riyadh – Mubasher: The board of Tabuk Agricultural Development Company (TADCO) gave the green light for using the statutory reserve of SAR 68.01 million to amortise part of the accumulated losses, according to a bourse disclosure on Tuesday. By …

Management Decisions

7 April 2021 03:24 PM Tadawul announces fluctuation limit for TADCO

Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) announced on 7 April that the fluctuation limit for Tabuk Agricultural Development Company (TADCO) would be based on a share price of SAR 27.55. Tadawul added that the outstanding orders …

Trading Activities

7 April 2021 01:06 PM TADCO’s shareholders approve SAR 150m capital hike

Riyadh – Mubasher: The equityholders of Tabuk Agricultural Development Company (TADCO) agreed on increasing the capital by SAR 150 million or 62.04% through a rights issue at a par value of SAR 10 per share, according to a bourse disclosure. The …

General Assembly

6 December 2020 10:39 AM JADCO, TADCO approved as members of Seed Producers Committee for 5 years

Riyadh – Mubasher: Al-Jouf Agricultural Development Company (JADCO) and Tabuk Agricultural Development Company (TADCO) have been approved as members of the Seed Producers Committee for the new term of office beginning from 1 January 2021 for five …

Companies Investments

10 November 2020 09:41 AM Tabuk Agricultural reports 88% decline in quarterly loss

Riyadh – Mubasher: Tabuk Agricultural Development Company on Tuesday reported an 88.6% annual plunge in third-quarter losses to SAR 6.233 million. Revenue for the July-September period in 2020 amounted to SAR 47.4 million, down by 6.5% when …

Financial Results

22 October 2020 09:32 AM Tabuk Agricultural granted S.G.A.P certificate

Riyadh – Mubasher: Tabuk Agricultural Development Company has received the Saudi Good Agricultural Practices (S.G.A.P) certificate on Wednesday, 21 October. The company’s chairman, Alwaleed Khalid Al Shathri, received the certificate on behalf of …

Companies Investments

24 August 2020 09:26 AM Tabuk Agricultural seals SAR 6m deal with Fahad Bin Sultan University

Riyadh – Mubasher: Tabuk Agricultural Development Company has signed a contract with Fahad Bin Sultan University Company to provide appropriate accommodation for the university’s 200 students for SAR 6 million. Under the deal, which reiterates …

Companies Investments

23 August 2020 09:13 AM Tabuk Agricultural quarterly losses plunge 90%

Riyadh – Mubasher: The net losses of Tabuk Agricultural Development Company slumped by 90.19% in the second quarter (Q2) of 2020, reaching SAR 6.16 million, compared with SAR 62.75 million in the corresponding quarter a year earlier. Revenue for …

Financial Results

27 July 2020 10:17 AM SADAFCO inks MoU for majority stake in Horizon Food Factory

Riyadh – Mubasher: Saudia Dairy and Foodstuff Company (SADAFCO) has signed a non-binding Memorandum of Understanding (MoU) to purchase a controlling stake in Horizon Food Factory Co. from Tabuk Agricultural Development Company. The deal is subject …

Mergers and Acquisitions

14 June 2020 10:05 AM Tabuk Agricultural narrows losses by 74% in Q1-20

Riyadh – Mubasher: Tabuk Agricultural Development Company has recorded SAR 5.9 million in net losses after Zakat and tax for the first quarter (Q1) of 2020, down by 74.7% from SAR 23.5 million in Q1-19. Revenues reached SAR 15.6 million in …

Financial Results