Al Majed Oud Co. (4165)

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News

6 August 08:11 AM Al Majed for Oud achieves SAR 137m net profits in H1-26

Riyadh - Mubasher: Al Majed for Oud Company generated net profits amounting to SAR 26.80 million for the second quarter (Q2) of 2026, reflecting an annual increase of 10.28% from SAR 24.30 million. The fragrance retailer attributed the growth to a …

Company News

14 June 07:30 PM Al Majed for Oud signs non-binding offer to acquire GCC-focused Safa Pharmaceuticals

Riyadh - Mubasher: Al Majed for Oud Company signed a non-binding agreement, on 13 June, to fully acquire Al Safa Pharmaceuticals and Medical Supplies, according to a statement. The deal also involves related parties, including Othman Abdullah …

Global Economy

24 March 11:03 AM Al Majed for Oud’s board recommends SAR 100m dividends for 2025

Riyadh - Mubasher: The board members of Al Majed for Oud Company proposed cash dividends worth SAR 100 million, equivalent to 40% of its SAR 250 million capital, for 2025. The Saudi company will pay out a dividend of SAR 4 per share for 25 million …

Cash Dividends

4 March 01:36 AM TASI witnesses over SAR 87bn in total trading value in February – Aljazira Capital

Riyadh – Mubasher: According to the monthly report by Aljazira Capital for February 2026, the Main Market index (TASI) of the Saudi Exchange (Tadawul) ended the month at 10,709 points, which represented a decrease of 5.91% compared to January’s …

Trading Activities

27 October 2025 02:19 PM Al Majed for Oud strengthens regional footprint via branch in ADGM

Riyadh - Mubasher: The board of Al Majed for Oud Company has approved the establishment of a branch in the Abu Dhabi Global Market (ADGM) to reinforce its regional presence, according to a bourse disclosure. Al Majed for Oud will adhere to the …

Global Economy

20 October 2025 08:10 AM Al Majed for Oud activates SAR 200m financing deal

Riyadh - Mubasher: Al Majed for Oud Company activated a SAR 200 million Shariah-compliant bank facility agreement with Al Rajhi Banking and Investment Corporation on 16 October. The funds aim to support the company’s operational activities and …

Companies Investments

11 March 2025 03:59 PM Al Majed Oud’s net profit nears SAR 157m in 2024; dividends recommended

Riyadh – Mubasher: Al Majed Oud Company recorded a 5.57% increase in net profit to SAR 156.95 million in 2024 from SAR 148.67 million a year earlier. The revenues grew by 19.88% year-on-year (YoY) to SAR 926 million as of 31 December 2024, …

Financial Results