Saudi Advanced Industries Company and its subsidiary announce the completion of the sale of part of its shares in Obeikan Glass Company
Element List Explanation Introduction Saudi Advanced Industries Company and its subsidiary, announces the completion of the sale of part of its shares in Obeikan Glass Company, amounting to 4,025,751 shares, representing 12.58% of Obeikan Company’s capital. Transaction Details Selling 4,025,751 shares in separate batches of Obeikan Glass Company shares, representing…
Read moreSaudi Advanced Industries Company (Advanced) announces the estimated financial results for the Period Ending on 2024-03-31 ( Three Months )
Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 122.98 25.35 385.128 53.64 129.269 Gross Profit (Loss) 122.98 25.35 385.128 53.64 129.269 Operational Profit (Loss) 113.45 22.57 402.658 46.61 143.402 Net profit (Loss) 108.72 22.07 392.614 36.09 201.246 Total Comprehensive Income 108.4 23.4 363.247…
Read moreSaudi Advanced Industries Company announces the latest developments of the Saudi Advanced Industries Company’s announcement of a board recommendation to distribute cash dividends to shareholders for the fiscal year 2023 AD.
Element List Explanation Previous Announcement The Board of Directors’ recommendation to the General Assembly to distribute dividends to the company’s shareholders for the fiscal year 2023, at the rate of 0.75 riyals per share, for a total amount of 44,250,000 riyals for 59,000,000 shares. Date of Previous Announcement on Saudi…
Read moreSaudi Advanced Industries Company announces the latest developments of the Saudi Advanced Industries Company announces the recommendation of its Board of Directors to distribute part of its share in Obeikan Glass Company to shareholders.
Element List Explanation Previous Announcement The Board of Directors’ recommendation dated 09/06/1445 AH corresponding to 03/16/2024 AD to the General Assembly to distribute part of the Saudi Advanced Industries Company’s share in Obeikan Glass Company, which is equivalent to (300,000) shares, to the shareholders of the Saudi Advanced Industries Company.…
Read moreSaudi Advanced Industries Company announces the recommendation of its Board of Directors to distribute part of its stake in Obeikan Glass Company to shareholders.
Element List Explanation Announcement Detail Saudi Advanced Industries Company (SAIC) announces the recommendation of the Board of Directors on 06/09/1445H corresponding to 16/03/2024 AD to the General Assembly to distribute part of its share in Obeikan Glass Company, which is equivalent to (300,000) shares, to the shareholders of the Saudi…
Read moreSaudi Advanced Industries Co. announces the board of director’s recommendation to distribute cash dividends to shareholders for the year 2023AD.
Element List Explanation Introduction Saudi Advanced Industries Company announces the Board of Directors’ recommendation to the General Assembly to distribute cash dividends to shareholders for the year 2023AD. Date of the board’s recommendation 2024-03-16 Corresponding to 1445-09-06 The Total amount distributed 44,250.000 SAR. Number of Shares Eligible for Dividends 59,000,000…
Read moreSaudi Advanced Industries Co (SAIC) announces its Annual financial results for the year ended December 31, 2023.
Element List Current Year Previous Year %Change Sales/Revenue 180.15 116.05 55.23 Gross Profit (Loss) 180.15 116.05 55.23 Operational Profit (Loss) 162.23 102.71 57.95 Net profit (Loss) 148.8 100.21 48.49 Total Comprehensive Income 154.89 4.8 3,126.87 Total Share Holders Equity (After Deducting the Minority Equity) 995.41 901.18 10.46 Profit (Loss) per…
Read moreSaudi Advanced Industries Company and its subsidiary announce the completion of share purchases in Baladi Poultry Company
Element List Explanation Introduction Saudi Advanced Industries Company and its subsidiary announce the completion of share purchases in Baladi Poultry Company. Transaction Details Saudi Advanced Industries Company and its subsidiary announce the completion of share purchases in Baladi Poultry Company, numbering (567,212) shares at an average purchase price of (126.66)…
Read moreSaudi Advanced Industries Company announces the restructuring of the Audit Committee
Element List Explanation Announcement Detail Saudi Advanced Industries Company announces the Board of Directors decision dated 09/07/1445 AH, corresponding to 01/21/2024 AD, to reconstitute the Audit Committee until the end of the current Board session, which ends on 05/30/2025 AD. Committee members before the restructuring decision: 1- Mr. Abdul…
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