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Jabal Omar Development Company invites its shareholders to attend the extraordinary general assembly meeting (first meeting), which includes the increase of its share capital, remotely through modern technology
Introduction The Board of Directors of Jabal Omar Development Company are pleased to invite the shareholders to attend the Extraordinary General Assembly’s meeting of the company, which will be conducted virtually via Tadawulaty Platform. City and Location of the Extraordinary General Assembly’s Meeting Makkah – the company’s headquarters- by Means of Modern Technology URL for […]
Jabal Omar Development Co. announces its Interim Financial Results for the Period Ending on 2023-03-31 ( Three Months )
ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER%CHANGE Sales/Revenue317.09109.65189.18239.5832.35 Gross Profit (Loss)122.25-25.74--27.73- Operational Profit (Loss)102.13-72.23--66.94- Net Profit (Loss) after Zakat and Tax11.93-182.46--194.45- Total Comprehensive Income11.93-182.46--197.61- All figures are in (Millions) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE Total Share Holders Equity (after Deducting Minority Equity)12,697.08 7,744.2663.95 Profit (Loss) per Share0.01-0.2- All figures […]
Jabal Omar Development Company announces the receipt of Ministry of Tourism License to operate the first tower of Jabal Omar Address Hotels in its project in Makkah Al-Mukarramah
Announcement Detail Jabal Omar Development Company announces that it has received today, Thursday May 18 2023, the license of the Ministry of Tourism to operate the first tower of the Jabal Omar Address hotels with a five-star rating. The first tower includes 742 rooms and suites (out of which 51 rooms have been sold off-plan), […]
Jabal Omar Development Co. announces its Annual Financial Results for the Period Ending on 2022-12-31
Element ListCurrent YearPrevious Year%Change Sales/Revenue849.5310.36173.71 Gross Profit (Loss)51.76-224.64- Operational Profit (Loss)-190.91-458.34-58.35 Net Profit (Loss) after Zakat and Tax-352.43946.21- Total Comprehensive Income-355.59948.7- Total Share Holders Equity (after Deducting Minority Equity)13,385.15 8,626.7255.16 Profit (Loss) per Share-0.351.02- All figures are in (Millions) Saudi Arabia, Riyals ELEMENT LISTEXPLANATION The reason of the increase (decrease) in the net profit during […]
Jabal Omar Development Company announces the relocation of its headquarters
Announcement Detail Jabal Omar Development Company announces the relocation of its former headquarters in Makkah – Al-Takhasosy District to its project located next to the Holy Mosque The relocation will be on Tuesday 16 Rajab 1444H corresponding to 7 February 2023, the contact details as follows: Phone: 0125106100 Building No. 6978, Ext. 3655, Postal Code […]
Jabal Omar Development Company announces the receipt of ZATCA notification for implementing the decision issued by TVDAC
Announcement Detail Jabal Omar Development Company announces that it has received, on Monday 23 January 2023, a notification from ZATCA to execute the decision issued by Tax Violations and Disputes Appellate Committee for the years 1434H to 2018 amounting to SR 357 million. In accordance with the GSTC’s laws and regulations, JODC has filed a […]
Jabal Omar Development Co. announces its Interim Financial Results for the Period Ending on 2022-09-30 ( Nine Months )
ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER%CHANGE Sales/Revenue218.6343.12407.03281.65-22.38 Gross Profit (Loss)7.98-64.86-97.25-91.79 Operational Profit (Loss)-92.86-57.9960.1341.11- Net Profit (Loss) after Zakat and Tax153.11-270.04--128.62- Total Comprehensive Income153.11-270.04--128.62- All figures are in (Millions) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE Sales/Revenue 609.92141.98329.58 Gross Profit (Loss)79.49-200.06- Operational Profit (Loss)-123.98-422.96-70.69 Net Profit (Loss) after Zakat and Tax-157.98-344.77-54.18 […]
Correction announcement from Jabal Omar Development Company regarding the fractional shares resulting from the capital increase of the Company by way of debt conversion
Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul’s Website 2022-09-05 Corresponding to 1444-02-09 Hyperlink to the Previous Announcement Click Here Incorrect statements in the previous announcement There are no fractional shares resulting from the capital increase of the Company. Correct Statement There are fractional shares resulting from the capital increase of […]
Jabal Omar Development Company announces that there are no fractional shares resulting from the capital increase of the Company by way of debt conversion
Announcement Detail With reference to the announcement of Jabal Omar Development Company (the “Company”) on the Saudi Stock Exchange’s (Tadawul) website on 05/02/1444H (corresponding to 01/09/2022G) in relation to the completion of the Transaction and the listing of the New Shares that have been issued with respect to the Transaction to the eligible unitholders of […]
Jabal Omar Development Company Announces the Listing of the Consideration Shares and the Completion of the Transaction
Announcement Detail In reference to the announcement made by Jabal Omar Development Company (the “Company”) on the Saudi Stock Exchange (Tadawul) website on 01/02/1444H (corresponding to 28/08/2022G) in relation to the results of the extraordinary general assembly meeting that included the approval to increase the share capital of the Company in order to settle all […]
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Makkah: Jabal Omar Project – Al-Shubaikah District