BinDawood s profits hike 152 5% in 9M-23; dividends for H1-23 unveiled zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
RIYADH: BinDawood Holding Co., a Saudi-based grocery retail operator of hypermarkets and supermarkets, saw its share rise 1.29 percent after announcing the opening of two Danube Express stores at the Haramain High Speed Railway stations in Jeddah and Makkah. The share price rose to SR86.70 ($23.12) as of Wednesday's closing bell, compared to SR85.60 at the previous close. The
RIYADH: BinDawood Holding Co. has received approval from its shareholders and board to acquire an 80.5 percent stake in Ykone, a subsidiary of French TF1 Group. The acquisition will be made through its newly established French subsidiary Future Retail for Information Technology Co., with the option of purchasing an additional 4.9 percent, according to a bourse filing BinDawood
RIYADH: BinDawood Holding Co., a leading retail operator in the Kingdom, has recorded a drop in its share price, hours after it announced a surge in first-quarter profit. Shares of the company were down 0.9 percent to SR91.4 ($24.4) as of 1:07 p.m. Saudi time on Monday. The group reported SR65.5 million in profit, a slight increase from SR62 million in the same period of 2021,
RIYADH: BinDawood Holding Co., a leading grocery retail operator in the Kingdom, suffered a 46 percent decline in net profit in 2021 citing pandemic restrictions. The group reported a SR240 million ($64 million) profit, compared to SR447 million in the same period of 2020, it said in a filing. Along with the profit drop, revenues dropped 15 percent to SR4.3 billion, down from