Tanmiah Food Co. (2281)

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News

25 September 07:25 PM Tanmiah’s ADC increases SAB Murabaha facility to SAR 310 million

Riyadh - Mubasher: Agricultural Development Company (ADC), a unit of Tanmiah Food Company, has raised its revolving Murabaha facility with Saudi Awwal Bank (SAB) to SAR 310 million from SAR 130 million. Valid for one year, the facility is secured …

Companies Investments

7 January 05:40 PM Tanmiah’s subsidiary inks SAR 165m deal to boost expansion strategy

Riyadh – Mubasher: Agricultural Development Company (ADC), a subsidiary of Tanmiah Food Company, penned a SAR 165 million deal with Chengdu Design and Research Institute (CDI). The two parties will team up to build 100 poultry broiler houses, …

Companies Investments

2 December 2024 00:44 PM Tanmiah’s unit rolls out SAR 143m agreement

Riyadh – Mubasher: Agricultural Development Company (ADC), a subsidiary of Tanmiah Food Company, has signed a contract with a total value of SAR 143 million with Dajin Poultry Company. The transaction will be financed through existing banking …

Companies Investments

20 November 2024 02:31 PM Tanmiah pens SAR 650m facility deal with SNB

Riyadh – Mubasher: Agricultural Development Company Limited (ADC), a subsidiary of Tanmiah Food Company, secured new long-term and revolving Shariah-compliant facilities worth SAR 650 million from the Saudi National Bank (SNB). The company will …

Companies Investments

20 December 2023 01:44 PM Tanmiah obtains SAR 450m financing to boost expansion plans

Riyadh – Mubasher: Tanmiah Food Company secured a new Long-term credit facility amounting to SAR 450 million from Banque Saudi Fransi on 19 December 2023. Tanmiah will use the financing to back its strategic expansion plans, according to a bourse …

Companies Investments

7 November 2023 08:33 PM Tanmiah sees 22% decline in 9M-23 net profit

Riyadh – Mubasher: The net profits after Zakat and tax of Tanmiah Food Company amounted to SAR 49.60 million in the first nine months (9M) of 2023, a drop of 21.89% from SAR 63.50 million in the same period of the previous year. The revenues rose …

Financial Results

6 July 2022 06:58 PM US-based Tyson to acquire stakes in Saudi Tanmiah subsidiaries for $70m

Riyadh – Mubasher: Tyson International Holding Company, a fully-owned unit of New York-listed Tyson Foods, intends to buy equities in Tanmiah Food Company’s subsidiaries for $70 million upon a signed sale and purchase agreement. Following the …

Companies Investments

21 April 2022 04:40 PM Tanmiah’s profits fall 92% in Q1-22 initial financials

Riyadh – Mubasher: Tanmiah Food Company has recorded net profits after Zakat and tax worth SAR 1.54 million during the first quarter (Q1) of 2022, down 91.80% from SAR 18.79 million in Q1-21. The company generated SAR 435.33 million in revenue …

Financial Results

19 April 2022 04:35 PM Tanmiah names new Chairman, Vice Chairman

Riyadh – Mubasher: Tanmiah Food Company has appointed Amr Abdullah Al Dabbagh as the new Chairman of the board for the coming three years. The Saudi listed company also named Jamal Abdullah Al Dabbagh as the Vice Chairman, according to a recent …

Management Decisions

24 March 2022 01:59 PM Tanmiah’s board recommends SAR 0.51/shr dividend for 2021

Riyadh - Mubasher: The board of Tanmiah Food Company has suggested a cash dividend of SAR 0.51 per share for 2021. The company would pay a total of SAR 10.20 million, which represents 5.10% of the capital, for 20 million eligible shares, according …

Cash Dividends

15 February 2022 01:01 AM Tanmiah’s net profits down 82% in 2021

Riyadh - Mubasher: The net profits after Zakat and tax of Tanmiah Food Company declined by 81.7% to SAR 13.56 million in 2021, compared to SAR 74.41 million a year earlier, the interim financial results showed. The company generated revenues of …

Financial Results

5 December 2021 05:38 PM Popeyes to open restaurants in Saudi Arabia upon agreement with Tanmiah

Riyadh – Mubasher: Gulf Brand Fast Food Company, a subsidiary of Tanmiah Food Company, has signed an agreement with Popeyes to implement growth plans and services expansion across the value chain. Under the partnership, Popeyes, a chicken …

Companies Investments

2 August 2021 04:42 PM Tadawul to list Tanmiah’s shares this week

Riyadh – Mubasher: The Saudi Exchange (Tadawul) will start the listing and trading of Tanmiah Food Company’s shares on the Main Market on Wednesday, 4 August 2021.  Tadawul announced that the daily and static price fluctuation limits will be +/- …

Trading Activities