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Saudi’s Hail Cement to pay $6.53mln dividends for H1-22

 The board of Hail Cement Company has announced cash dividends distribution worth SAR 24.42 million for the first half (H1) of 2022, according to a recent bourse filing. The Saudi listed firm will disburse SAR 0.25 per share, accounting for 2.50% of the share nominal value, for 97.70 million eligible shares. Meanwhile, the eligibility and […]

Alhokair Group’s losses exceed $17.6mln in H1-22; accumulated losses announced

Riyadh – The net losses after Zakat and tax of Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) plummeted by 48.99% to SAR 66.34 million in the first half (H1) of 2022, versus SAR 130.05 million in H1-21. The revenues increased by 6.43% year-on-year (YoY) to SAR 344.44 million in the first six months (6M) […]

Al Jouf Cement posts lower profits in H1-22; accumulated losses hit $90.93mln

  Al Jouf Cement Company reported a 92.92% plunge in net profit after Zakat and tax to SAR 1.81 million during the first half (H1) of 2022, compared to SAR 25.68 million in H1-21. Revenues amounted to SAR 98.29 million in the first six months (6M) of 2022, down 19.18% year-on-year (YoY) from SAR 121.62 […]