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JODC announces the establishment of a subsidiary company

Jabal Omar Development Company (JODC) announces the establishment of Shamikhat Development Company – Limited Liability Company – a Jeddah based fully owned JODC subsidiary company with a self-financed capital of SAR 100,000.

The company will specialize in real estate development and investment after obtaining the required approval from the concerned authorities.

The move is in line with Jabal Omar Development Company’s strategic plan with no financial impact.

Other Disclosures

Jabal Omar Development Co. announces its interim Financial results for the period ending on 2018-09-30 ( Nine Months )

ELEMENT LISTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR%CHANGEPREVIOUS QUARTER% CHANGE Sales/Revenue1,322.6645.522,805.667250.25428.535 Total Profit (Loss)673.04-210.33-49.491,259.951 Profit (Loss) Operational643.24-284.34-4.54 14,068.281 Net Profit (Loss) after Zakat and Tax469.62-593.97--148.02- Total Comprehensive Income469.62-593.97--148.02- All figures are in (Millions) Saudi Arabia, Riyals ELEMENT LISTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR%CHANGE Sales/Revenue1,715.04568.83201.503 Total Profit (Loss)751.8311.11 6,667.146 Profit (Loss) Operational667.73-164.78- Net Profit (Loss) after Zakat […]

Jabal Omar Development Co. announces the interim financial results for the period ending on 31-03-2018 (Three Months)

ELEMENTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR% CHANGE CURRENTPREVIOUS QUARTER% CHANGE PREVIOUS Net profit (loss)-128.263.35--593.9778.42 Gross profit (loss)29.3139.38-78.98-210.33- Operational profit (loss)19.95-110.11-81.88-284.34- Earning or loss per share, Riyals-0.140.07--- All figures are in (Millions) Saudi Arabia, Riyals ELEMENTEXPLAINATION Reasons of increase (decrease) for quarter compared with same quarter last yearNO TRANSLATION, SEE THE ARABIC VERSION Reasons of increase […]

Jabal Omar Development Co. announces the annual financial results for the period ending on 31-12-2017

ELEMENTCURRENT YEARPREVIOUS YEAR% CHANGE Net profit (loss)600.97-76.66- Earning or loss per share, Riyals-0.650.08- Gross profit (loss)11.11 256.39-95.67 Operational profit (loss) -164.78193.25- All figures are in (Millions) Saudi Arabia, Riyals ELEMENTEXPLAINATION Reasons of annual financial resultsNO TRANSLATION, SEE THE ARABIC VERSION Reclassifications in annual financial resultsNO TRANSLATION, SEE THE ARABIC VERSION Other notesNO TRANSLATION, SEE THE […]

Jabal Omar Development Company announces an MOU extension with Umm al-Qura Development and Construction Company

Reference to Jabal Omar Development Company (JODC) declaration published on Saudi Stock Exchange (Tadawul) on 08/01/1439H – 28/09/2017, the company renews the non-binding memorandum of understanding
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