Saudi Advanced Industries Co. announces its Interim Financial Results for the Period Ending on 2023-06-30 ( Six Months )
Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 53.59 31.09 72.37 25.35 111.4 Gross Profit (Loss) 53.59 31.09 72.37 25.35 111.4 Operational Profit (Loss) 50.66 27.45 84.55 22.57 124.46 Net Profit (Loss) after Zakat and Tax 50.16 27.32 83.6 22.07 127.28 Total Comprehensive…
Read moreSaudi Advanced Industries Company and its subsidiary announce the completion of a deal to purchase shares in Academy of Learning Company, at a value of (47,321,000) Saudi riyals
Element List Explanation Introduction Saudi Advanced Industries Company and its subsidiary (United Permanent Growth Investment Company) announce the completion of a deal to purchase shares in Academy of Learning Company. Transaction Details Saudi Advanced Industries Company and its subsidiary (United Permanent Growth Investment Company) announce the completion of a deal…
Read moreSaudi Advanced Industries Company (Advanced) announces the estimated financial results for the period ending on June 30, 2023 AD (six months).
Element List Current Quarter Similar Quarter For Previous Year %Change Previous Quarter % Change Sales/Revenue 56.74 31.09 82.5 25.35 123.83 Gross Profit (Loss) 56.74 31.09 82.5 25.35 123.83 Operational Profit (Loss) 51.04 27.45 85.94 22.57 126.14 Net Profit (Loss) after Zakat and Tax 50.54 27.32 84.99 22.07 129 Total Comprehensive…
Read moreSaudi Advanced Industries Co. Announces Obtaining a obtained credit facilities that are compatible with the provisions of Islamic Sharia at competitive prices.
Element List Explanation Introduction Saudi Advanced Industries Co announces that it has obtained credit facilities compatible with the provisions of Islamic Sharia at competitive prices in the amount of (100,000,000) Saudi Riyals from Al-Rajhi Capital , for the purpose of expanding the company's investments. Date of obtaining the funding 2023-07-18…
Read moreSaudi Advanced Industries Company announces the latest developments to establish a subsidiary with limited liability (one person)
Element List Explanation Introduction Saudi Advanced Industries Company announces the completion of the issuance of the Memorandum of Association and the commercial registration of its subsidiary under the name of (United Permanent Growth Investment Company), a limited liability company (one person) wholly owned by the Saudi Advanced Industries Company, with…
Read moreSaudi Advanced Industries Company announces the approval of its board of directors to establish a limited liability company
Element List Explanation Announcement Detail Saudi Advanced Industries Company announces the approval of its Board of Directors on 05/ Jun /2023 AD to establish a limited liability company based in Riyadh, to be the investment arm of the company's future investment plans, and wholly owned by Saudi Advanced Industries Company…
Read moreSaudi Advanced Industries Co. Announces the Results of the Ordinary General Assembly Meeting, ( Second Meeting )
Element List Explanation Introduction The Board of Directors of Saudi Advanced Industries Company is pleased to announce the results of the Ordinary General Assembly meeting (second meeting). Due to the lack of a quorum in the first meeting, as the quorum reached 23.11%, the second meeting was held an hour…
Read moreSaudi Advanced Industries Company announces the start date of electronic voting on the items of the agenda of the Ordinary General Assembly meeting, (the first and second meeting an hour after the first) by means of modern technology.
Element List Explanation Announcement Detail Referring to the announcement of Saudi Advanced Industries Company on the Tadawul website on 10/05/2023 AD, corresponding to 20/10/1444 AH, regarding the company's board of directors inviting the honorable shareholders to attend the ordinary general assembly meeting (the first and second meeting an hour after…
Read moreSaudi Advanced Industries Co. Announces Appointment of a Board Member
Element List Explanation Introduction Saudi Advanced Industries Company announces the approval of the Board of Directors by circulation on 30/05/2023 AD based on the recommendation of the Nominations and Remuneration Committee to appoint Mr. Fahad Mohammed Al Rowaigh as an (independent) member of the Board of Directors and to complete…
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