Arriyadh Development Co (ARDCO) News - Mubasher Info
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Arriyadh Development Co (4150)

Last update: 22 July 03:17 PM market time.
30.80
-2.72
-8.11%
Open 31.46
Previous Close 33.52
High 31.48
Low 30.70
Stock Statistics
Volume 323,616
Turnover 10,044,630.78
All data are 15 minutes late during market session

News

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3 July 03:10 PM Al Jouf Cement, Riyadh Development announce key appointments
Riyadh – Mubasher: Al Jouf Cement Company appointed Ahmed bin Mohammed Al Falih and Hani bin Sulaiman Al Saleh as the board’s Chairman and Vice Chairman, respectively.   The two officials will remain in position for the current board term that …
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26 February 08:56 PM Riyadh Development’s profits rise 9% in 2024; dividends proposed
Riyadh – Mubasher: Riyadh Development Company logged net profits valued at SAR 296.20 million in 2024, higher by 9.10% than SAR 271.50 million in 2023. Meanwhile, the revenues declined by 5.22% year-on-year (YoY) to SAR 321.50 million as of 31 …
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4 February 05:25 PM Riyadh Development’s shareholders approve 31.5% capital raise
Riyadh – Mubasher: The shareholders of Riyadh Development Company greenlighted a 31.58% capital hike to SAR 2.33 billion from SAR 1.77 billion. The Tadawul-listed company will use the proceeds of the capital raise to acquire two real estate assets …
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8 January 03:46 PM Riyadh Development obtains regulatory nod for capital hike
Riyadh – Mubasher: The Capital Market Authority (CMA) approved, on 7 January, the request of Riyadh Development Company to raise its capital to SAR 2.33 billion from SAR 1.77 billion. The company will issue 56.15 million ordinary shares to …
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18 December 2024 02:27 PM Riyadh Development rolls out SAR 3.5bn agreement
Riyadh- Mubasher: Riyadh Development Company inked an agreement, on 16 December 2024, exceeding SAR 3.50 billion to establish a real estate investment fund, according to a bourse disclosure. The fund aims to develop a mixed-use real estate project …
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10 December 2024 11:05 AM Riyadh Development, Agility Logistics Parks sign SAR 227m deal
Mubasher: Riyadh Development Company inked a strategic partnership agreement with Agility Logistics Parks (ALP), owned by Agility Global, at a value of SAR 227 million. The two entities signed the deal, on 9 December 2024, to develop a logistics …
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13 October 2024 03:24 PM Riyadh Development, ANB Capital lead SAR 2.1bn investment fund
 Riyadh – Mubasher: Riyadh Development Company was appointed as the developer of a real estate investment Fund exceeding SAR 2.10 billion managed by ANB Capital. The infrastructure development agreement for a real estate investment Fund was signed …
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27 August 2024 08:37 AM Riyadh Development pens deal for SAR 1.5bn JV
Riyadh – Mubasher: Riyadh Development Company inked an agreement with Riyadh Holding Company, on 25 August 2024, to establish a joint-stock company, according to a bourse disclosure. The two parties will develop the Al Dira area, where Riyadh …
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1 August 2024 03:48 PM Riyadh Development unveils SAR 162.5m profits in H1-24, dividends
Riyadh – Mubasher: Riyadh Development Company reported a 114.61% year-on-year (YoY) leap in net profit to SAR 162.40 million during the first half (H1) of 2024, compared to SAR 75.67 million. The revenues amounted to SAR 155.47 million in H1-24, …
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8 May 2024 05:25 PM Riyadh Development records 117.5% jump in Q1-24 net profits
Riyadh – Mubasher: The net profits of Riyadh Development Company, formerly known as Arriyadh Development, soared by 117.56% to SAR 70.49 million in the first quarter (Q1) of 2024 from SAR 32.40 million in Q1-23. The earnings per share (EPS) rose …
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28 April 2024 11:04 AM Al Akaria, Arriyadh Development partner to build educational complex
Riyadh – Mubasher: Saudi Real Estate Company (Al Akaria) has entered into an agreement to establish a special purpose company with Arriyadh Development Company and Riyadh Holding Company. Under the agreement, the three companies will develop an …
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24 April 2024 02:13 PM Arriyadh Development unveils SAR 89m cash dividends
Riyadh – Mubasher: Arriyadh Development Company announced the shareholders’ approval for SAR  0.25 per share for the second half (H2) of 2023, according to a bourse filing. This is in addition to SAR 0.25 per share as an exceptional distribution …
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10 March 2024 01:24 PM Arriyadh Development’s net profit shrinks 10% YoY in 2023
Riyadh – Mubasher: Arriyadh Development Company reported a 9.62% year-on-year (YoY) decline in net profit to SAR 271.50 million in 2023 from SAR 300.40 million. On the other hand, revenues soared 31.02% YoY to SAR 339.20 million last year from SAR …
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29 October 2023 04:24 PM Arriyadh Development’s net profits exceed SAR 122m in 9M-23
Riyadh – Mubasher: Arriyadh Development Company witnessed 53.35% lower net profits after Zakat and tax at SAR 122.10 million in the first nine months (9M) of 2023, versus SAR 261.73 million in 9M-22. Revenues hit SAR 216.87 million as of 30 …
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30 July 2023 03:45 PM Arriyadh Development logs lower profits in H1-23; dividends unveiled
Riyadh – Mubasher: The net profits after Zakat and tax of Arriyadh Development Company reached SAR 75.67 million in the first half (H1) of 2023, down 61.45% year-on-year (YoY) from SAR 196.30 million. Revenues enlarged by 11.10% to SAR 138.88 …
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11 May 2023 09:27 AM Arriyadh Development’s profits shrink nearly 77% in Q1-23
Riyadh – Mubasher: Arriyadh Development Company logged net profits after Zakat and tax valued at SAR 32.40 million in the first quarter (Q1) of 2023, lower by 76.69% than SAR 139 million in Q1-22. The revenues amounted to SAR 69.30 million in …
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1 May 2023 01:53 PM Arriyadh Development to pay SAR 44.5m dividends for H2-22
Riyadh – Mubasher: Arriyadh Development Company announced cash dividends amounting to SAR 44.44 million, equivalent to 2.50% of the capital, for the second half (H2) of 2022. The Saudi firm will grant SAR 0.25 per share for 177.77 million eligible …
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23 March 2023 03:18 PM Arriyadh Development unveils lower profits in 2022, dividends proposal
Riyadh – Mubasher: The net profits after Zakat and tax of Arriyadh Development Company hit SAR 300.40 million in 2022, a 5.62% year-on-year (YoY) decline from SAR 318.30 million. Revenues grew by 3.19% to SAR 258.90 million in the January-December …
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1 November 2022 05:49 PM Arriyadh Development logs nearly 262m profits in 9M-22
Riyadh – Mubasher: Arriyadh Development Company witnessed a 19.52% lower net profit after Zakat and tax at SAR 261.73 million in the first nine months (9M) of 2022, versus SAR 325.20 million in 9M-21. Revenues inched up by 0.32% year-on-year (YoY) …
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29 September 2022 05:40 PM Arriyadh Development to pay SAR 0.25/shr dividend for H1-22
Riyadh – Mubasher: Arriyadh Development Company has decided to disburse a dividend of SAR 0.25 per share, representing 2.50% of the share nominal value, for the first half (H1) of 2022. The Tadawul-listed firm will pay out a total of SAR 44.44 …
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2 August 2022 00:32 PM Arriyadh Development’s profits fall 23% in H1-22 initial results
Riyadh – Mubasher: Arriyadh Development Company has logged net profits after Zakat and tax of SAR 196.30 million during the first half (H1) of 2022, an annual drop of 22.85% from SAR 254.44 million. Revenues inched down by 0.91% year-on-year (YoY) …
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20 April 2022 05:19 PM Arriyadh Development witnesses 25% higher profits in Q1-22 initial financials
Riyadh – Mubasher: Arriyadh Development Company has posted a 25.22% year-on-year (YoY) hike in net profits after Zakat and tax to SAR 139 million during the first quarter (Q1) of 2022, compared to SAR 111 million. During the January-March period …
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31 March 2022 02:43 PM Arriyadh Development sells parts of Tanal scheme for SAR 250m
Riyadh–Mubasher: Tanal Investment and Real Estate Development Company, a subsidiary of Arriyadh Development Company, has sold parts of the Tanal lands at a value of SAR 249.92 million. A total area of 151,46 square metres of the Tanal lands has …
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20 February 2022 10:12 AM Arriyadh Development sees 40% higher profits in 2021; dividends recommended
Riyadh – Mubasher: Arriyadh Development Company recorded a 39.67% higher net profits after Zakat and tax to SAR 318.3 million in 2021, compared to SAR 227.9 million in the earlier year. The company's revenues increased by 5.55% year-on-year (YoY) …
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17 November 2021 10:52 AM Arriyadh Development's unit repays SAR 800m credit facilities
Riyadh – Mubasher: Tanal Investment and Real Estate Development Company, a subsidiary of Arriyadh Development Company, has paid off a SAR 800 million loan granted from a bank in Saudi Arabia in an early repayment. Arriyadh Development Company has …