Thursday 25 April 2024
 
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Al Khodari

Saudi contractor Al Khodari narrows 2017 net loss

Saudi contractor Abdullah Abdul Mohsin Al Khodari Sons said it has narrowed its net loss for 2017 by 15 per cent from SR119.4 million ($31.8 million) the previous year to SR111 million ($27 million). While its gross loss widened b

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Saudi builder Al Khodari eyes $122m capital hike

Saudi Arabian construction firm Abdullah Abdul Mohsin Al-Khodari and Sons said it aims to increase its capital by up to SR458 million ($122 million) to settle the amounts payable to the company vendors and its major shareholder Abdullah A M Al K

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Al Khodari renews $45m Islamic credit facility

Saudi Arabia construction firm Abdullah Abdul Mohsin Al-Khodari and Sons has announced the renewal of its Islamic credit agreement with National Commercial Bank. The SR170 million ($45 million) funding will be used to provide bond

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Saudi contractor Khodari swings to Q4 loss

Saudi Arabian construction firm Abdullah Abdul Mohsin Al Khodari and Sons on Tuesday said it had swung to a fourth-quarter net loss as margins and revenue fell and financial charges increased. The company made a loss of SR1.04 mil

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Energy price hikes will hit costs: Saudi builder

Saudi Arabia's Abdullah Abdul Mohsin al-Khodari and Sons on Sunday forecast changes to the kingdom's electricity and energy prices would raise its costs by SR44.3 million ($11.81 million) between 2016 and 2020. The builder

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Saudi contractor Al Khodari swings to Q3 loss

Saudi Arabia construction firm Abdullah Abdul Mohsin Al Khodari and Sons swung to a loss in the third-quarter, according to a bourse filing on Monday, hurt mainly by lower contracting revenue. The company reported a loss of SR14.3

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Al Khodari posts five-fold profit jump

Saudi construction firm Abdullah Abdul Mohsin Al Khodari and Sons reported a five-fold increase in fourth-quarter net profit on Sunday, and announced its project pipeline has also risen significantly. The company made a profit of

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Saudi builder Al Khodari proposes $133m capital hike

Saudi Arabia's Abdullah Abdul Mohsin Al Khodari and Sons has proposed raising its capital by SR500 million ($133 million) through a rights issue and will use the money to expand its business, the builder said on Tuesday. The c

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Saudi builder Al Khodari proposes $133m capital hike

Saudi Arabia's Abdullah Abdul Mohsin Al Khodari and Sons has proposed raising its capital by SR500 million ($133 million) through a rights issue and will use the money to expand its business, the builder said on Tuesday. The c

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Al Khodari to diversify into solar, nuclear energy

Major Saudi Arabian construction firm Abdullah Abdul Mohsin Al Khodari Sons said on Sunday that it would diversify into solar and nuclear energy. Khodari's new activities will include supplying and installing solar energy equi

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