Saudi Cable Co. announces its Interim Financial Results for the Period Ending on 2021-06-30 ( Six Months )

Saudi Cable Co. announces its Interim Financial Results for the Period Ending on 2021-06-30 ( Six Months )

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGESales/Revenue41,349145,184-71.51963,855-35.245Gross Profit (Loss)-20,965-6,738211.145-17,25721.486Operational Profit (Loss)-31,504-25,14025.314-36,832-14.465Net Profit (Loss) after Zakat and Tax-19,186-16,58215.703-35,882-46.53Total Comprehensive Income-26,551-4,423500.293-36,867-27.981All figures are in (Thousands) Saudi Arabia, Riyals ELEMENT LISTCURRENT…

Read More
Addendum Announcement from Saudi Cable Company regarding an update on a transaction of assets purchase; value of 200 million Saudi Riyal for the purpose of reselling them to finance the Company’s working capital

Addendum Announcement from Saudi Cable Company regarding an update on a transaction of assets purchase; value of 200 million Saudi Riyal for the purpose of reselling them to finance the Company’s working capital

ELEMENT LISTEXPLANATIONIntroductionReference to the Saudi Cable Company an announcement on 04/01/1443H, corresponding to 12/08/2021, regarding an update on a transaction of assets purchase; value of 200 million Saudi Riyal for…

Read More
Saudi Cable Company announces an update on a transaction of assets purchase; value of 200 million Saudi Riyal for the purpose of reselling them to finance the Company’s working capital.

Saudi Cable Company announces an update on a transaction of assets purchase; value of 200 million Saudi Riyal for the purpose of reselling them to finance the Company’s working capital.

ELEMENT LISTEXPLANATIONIntroductionThe transaction that made with Al-Nawasi Gulf Trading Company on April 2021 for the purchase of “non-current assets” Cars value of 200 million Saudi Riyal for the purpose of…

Read More
Saudi Cable Company announces resignation of its Board Member

Saudi Cable Company announces resignation of its Board Member

ELEMENT LISTEXPLANATIONIntroductionSaudi Cable Company announces resignation of its Board Member Mr. Mahmoud Mansour Abdulgafar of his position as Board member and Chairman of Nomination & Remunerations Committee (Independent member) on…

Read More
Saudi Cable Co. Announces an update on Board’s recommendation on Company’s capital increase through offering of rights issue.

Saudi Cable Co. Announces an update on Board’s recommendation on Company’s capital increase through offering of rights issue.

ELEMENT LISTEXPLANATIONIntroductionSaudi Cable Company announces that the Board of Directors has decided at its meeting, held on Tuesday, 19/11/1442H, corresponding to 29/06/2021, to recommend to the Extraordinary General Assembly to…

Read More
Saudi Cable Co. Announces the Results of the Ordinary General Assembly Meeting, ( Second Meeting )

Saudi Cable Co. Announces the Results of the Ordinary General Assembly Meeting, ( Second Meeting )

ELEMENT LISTEXPLANATIONIntroductionSaudi Cable Company announces the results of the Ordinary General Assembly Meeting (2nd Meeting) for the failing of the quorum in the first meeting, and consequently, second meeting was…

Read More
Saudi Cable Company announces appointment of two Audit Committee Members

Saudi Cable Company announces appointment of two Audit Committee Members

ELEMENT LISTEXPLANATIONIntroductionSaudi Cable Company announces that the Board of Directors has approved by Circular Resolution on its meeting held on Sunday, 03 Shawwal 1442H, corresponding to 13/06/2021, the recommendation by…

Read More
Saudi Cable Company announces to invite its Shareholders to attend the Ordinary General Assembly Meeting (1st Meeting) via means of modern technology.

Saudi Cable Company announces to invite its Shareholders to attend the Ordinary General Assembly Meeting (1st Meeting) via means of modern technology.

ELEMENT LISTEXPLANATIONIntroductionSaudi Cable Company Board of Directors is pleased to invite the respective Shareholders to attend the Ordinary General Assembly Meeting (1st Meeting). The meeting to be held by God…

Read More
Saudi Cable Company announces release of the Board Chairman and the Vice-Chairman and appointment of a Chairman and Vice-Chairman

Saudi Cable Company announces release of the Board Chairman and the Vice-Chairman and appointment of a Chairman and Vice-Chairman

ELEMENT LISTEXPLANATIONAnnouncement DetailSaudi Cable Company announces approval of the Board of Directors (By circular resolution) the recommendation passed by the majority of the members on 14/10/1442H, corresponding to 26/05/2021, as…

Read More