Bawan Co (BAWAN) News - Mubasher Info
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23 July 05:16 PM

Bawan Co (1302)

Last update: 03:17 PM market time.
55.05
-0.15
-0.27%
Open 54.40
Previous Close 55.20
High 55.60
Low 54.20
Stock Statistics
Volume 86,438
Turnover 4,752,850.90
All data are 15 minutes late during market session

News

Photo Archive
19 December 2024 08:33 PM Bawan rolls out SAR 832m supply deal with Aramco
Riyadh – Mubasher: Petronash Arabia Company Limited, a subsidiary of Petronash Holding Company, has received a purchase order for an existing contract with  Saudi Arabian Oil Company (Aramco) to supply special gas well products. Bawan …
Companies Investments
Bayan Credit Bureau team at Seamless Saudi Arabia 2024
28 October 2024 05:04 PM Bayan Credit Bureau joins forces with financial firms, listed entity at Seamless Saudi Arabia 2024
Riyadh – Mubasher: Bayan Credit Bureau, licensed by the Saudi Central Bank (SAMA), signed multiple agreements during its participation at Seamless Saudi Arabia 2024 to boost financial cooperation and data solutions. The Saudi listed Bawan Company …
Event
Photo Archive
6 August 2024 11:24 AM Bawan announces 12% lower profits in H1-24, dividends
Riyadh – Mubasher: Bawan Company recorded net profits valued at SAR 52.27 million in the first half (H1) of 2024, lower by 12.24% year-on-year (YoY) than SAR 59.56 million. The revenues amounted to SAR 1.51 billion in H1-24, marking an annual …
Board of Directors
Photo Archive
6 May 2024 02:58 PM Bawan’s Q1-24 profits fall 15.5%; revenues near SAR 884m
Riyadh – Mubasher: Bawan Company posted a 15.57% year-on-year (YoY) decrease in net profit to SAR 29.15 million during the first quarter (Q1) of 2024, compared to SAR 34.53 million. The Saudi firm posted revenues amounting to SAR 883.87 million in …
Financial Results
Photo Archive
3 March 2024 09:42 AM Bawan’s profits exceed SAR 136m in 2023; dividends for H2-23 proposed
Riyadh – Mubasher: Bawan Company recorded an annual drop of 16.46% in net profit to SAR 136.04 million during January-December 2023, compared to SAR 162.85 million. The revenues inched down by 0.37% year-on-year (YoY) to SAR 3.35 billion in 2023 …
Board of Directors
Photo Archive
1 November 2023 04:14 PM Bawan’s net profits shrink 25% in 9M-23
Riyadh – Mubasher: Bawan Company posted net profits after Zakat and tax valued at SAR 99.67 million in the first nine months (9M) of 2023, down 26.73% from SAR 133.02 million in 9M-22. Revenues declined by 0.47% to SAR 2.49 billion in 9M-23 from …
Financial Results
Photo Archive
2 October 2023 02:04 PM Bawan exits Bina Holding for over SAR 76.5m
Riyadh – Mubasher: Bawan Company has sold its entire stake in Bina Industrial Investment Holding Company (Bina Holding), which represents the concrete industries sector for the listed firm, to Ahmad Al Osaimi for a total value of SAR 76.70 …
Companies Investments
Photo Archive
8 May 2023 01:55 PM Bawan’s net profits fall 31.5% in Q1-23
Riyadh – Mubasher: The net profits after Zakat and tax of Bawan Company amounted to SAR 34.53 million in the first quarter (Q1) of 2023, lower by 31.41% than SAR 50.34 million in Q1-22. The revenues declined by 0.63% YoY to SAR 944.41 million in …
Financial Results
Photo Archive
5 March 2023 02:13 PM Bawan announces SAR 163m profits in 2022, dividends for H2-22
Riyadh – Mubasher: Bawan Company achieved SAR 162.85 million in net profit after Zakat and tax in 2022, down 4.40% year-on-year (YoY) from SAR 170.34 million. Revenues hit SAR 3.63 billion in the January-December 2022 period, an annual rise of …
Board of Directors
Photo Archive
30 October 2022 05:33 PM Bawan posts 6% higher profits in 9M-22 interim results
Riyadh – Mubasher: Bawan Company’s net profits after Zakat and tax grew by 5.80% to SAR 133.02 million in the first nine months (9M) of 2022, compared to SAR 125.73 million in 9M-21. Revenues surged by 12.74 year-on-year (YoY) to SAR 2.68 billion …
Financial Results
Photo Archive
27 September 2022 02:14 PM Bawan appoints new Chairman, Vice Chairman
Riyadh – Mubasher: Bawan Company has named Abdullah Abdulatif Al Fozan as the new Chairman of the board for the next three years, according to a bourse disclosure on Tuesday. The Tadawul-listed firm also appointed Raed Ibrahim Almudaiheem and …
Management Decisions
Photo Archive
14 June 2022 05:35 PM Bawan names new CEO
Riyadh – Mubasher: Bawan Company has appointed Mohammad bin Ahmad Al Balawi as the new CEO of the company. Al Balawi will officially assume his position on 1 July this year, according to a bourse disclosure on Tuesday. The new CEO holds a …
Corporate Actions
28 April 2022 03:08 PM Bawan’s profits exceed SAR 50m in Q1-22 initial financials
Riyadh – Mubasher: Bawan Company has logged net profits after Zakat and tax worth SAR 50.34 million in the first quarter (Q1) of 2022, higher by 20.79% than SAR 41.68 million from Q1-21. The company generated SAR 950.42 million in revenue in …
Financial Results
Photo Archive
1 March 2022 02:00 PM Bawan generates SAR 170m net profits in 2021
Riyadh – Mubasher: Bawan Company achieved an 88.91% year-on-year (YoY) surge in net profits after Zakat and tax to SAR 170.34 million in 2021 from SAR 90.16 million. Earnings per share stood at SAR 2.84 last year, compared to SAR 1.5 in 2020, …
Financial Results
Photo Archive
28 December 2021 07:26 PM Bawan to distribute SAR 45m dividends for H2-21
Riyadh – Mubasher: The board of Bawan Company has approved, on 27 December, to distribute cash dividends worth SAR 45 million, representing 7.5% of the capital, for the second half (H2) of 2021. The company will pay a dividend of SAR 0.75 per …
Board of Directors
Photo Archive
27 October 2021 05:49 PM Bawan achieves 38% growth in Q3 profits
Riyadh – Mubasher: Bawan Company announced a 38% annual rise in net profits after Zakat and tax to SAR 40.93 million during the third quarter (Q3) of 2021 from SAR 29.57 million in Q3-20. Revenues grew by 32.5% year-on-year (YoY) to SAR 727.43 …
Financial Results
Bawan’s profits leap 176.5% in H1-21; dividends announced
5 August 2021 04:58 PM Bawan’s profits leap 176.5% in H1-21; dividends announced
Riyadh – Mubasher: Bawan Company recorded net profits after Zakat and tax worth SAR 84.8 million in the first half (H1) of 2021, an annual jump of 176.5% from SAR 30.66 million in H1-20. Earnings per share stood at SAR 1.41 in H1-21, compared to …
Financial Results
The affected plant would fully be back to operating
25 July 2021 03:03 PM Bawan receives SAR 10m as insurance for fire incident
Riyadh – Mubasher: Bawan Company has obtained SAR 9.6 million that represented part of the insurance claim covering the fire incident at a factory of its subsidiary Arnon Plastic Industries Company in Dammam city. The listed company did not expect …
Corporate Actions
The distributions represent 6% of the share’s nominal value.
7 March 2021 09:34 AM Bawan Company to pay SAR 36m in H2-20 dividends
Riyadh – Mubasher: Bawan Company’s board of directors has approved distributing cash dividends of SAR 36 million or SAR 0.60 per share to shareholders for the second half (H2) of 2020. The distributions represent 6% of the share’s nominal value, …
Cash Dividends
The company registered SAR 90.17 million in net profit last year
4 March 2021 01:48 PM Bawan reports 238.6% rise in 2020 profits
Riyadh – Mubasher: Bawan Company reported a 238.57% rise in its net profit in 2020, as shown by the company’s annual financial results. The firm registered SAR 90.17 million in net profit after Zakat and tax last year, compared with SAR 26.63 …
Financial Results
The merger cancellation is not expected to have a negative financial effect on Bawan.
3 February 2021 04:48 PM Two of Bawan’s units cancel merger deal
Riyadh – Mubasher: Bawan Company announced on Wednesday.the cancellation of the potential merger between two of its subsidiaries. On 19 June 2019, United Transformers Electric Company and United Technology of Electric Substations and Switchgears …
Management Decisions
The transaction is in line with Bawan’s strategy to focus on investments that reduce any potential risks.
31 January 2021 10:41 AM Bawan’s unit sells entire stake in Utec Algeria for SAR 30m
Riyadh – Mubasher: Bawan Company said United Transformers Electric Company (Utec Saudi) signed a shares sale contract with Industry Technology Electric Company to sell its entire 49% equity stake in United Technology Electric Company (Utec …
Companies Investments
The signed deals will mature on 31 March 2022.
26 November 2020 04:26 PM EIC, Bawan units pen SAR 166m deals with SEC
Riyadh – Mubasher: WESCOSA and the Saudi Transformers Company (STC), subsidiaries of Electrical Industries Company (EIC), signed agreements to supply Saudi Electricity Company (SEC) with electrical equipment. The total value of the deals, which …
Companies Investments
The deal is expected to reflect positively on Bawan's financial results.
16 November 2020 09:35 AM Bawan’s unit pens SAR 115m deal with SEC
Riyadh – Mubasher: A subsidiary of Bawan Company signed an agreement on 15 November to supply electrical unit substations to Saudi Electricity Company (SEC) for SAR 115 million. The deal was signed with United Technology of Electric Substations …
Companies Investments
Revenues for the three-month period ended 30 September totalled SAR 548.5 million.
28 October 2020 10:23 AM Bawan profits climb 806% in Q3
Riyadh – Mubasher: Bawan Company reported SAR 29.6 million in net profits after Zakat and tax during the third quarter (Q3) of the year, posting an annual jump of 806.7%. The growing earnings were driven by higher gross profit due to a rise in …
Financial Results