Latest news with #AlBabtainPower
Zawya
11-08-2025
- Business
- Zawya
Saudi: Al Babtain Power logs 36% higher net profits in H1-25; dividends recommended
Riyadh - Al Babtain Power and Telecommunication Company registered a 35.79% surge in net profits to SAR 185.90 million in the first half (H1) of 2025, compared to SAR 136.90 million in H1-24. Revenues stood at SAR 1.31 billion as of 30 June 2025, down 2.29% year-on-year (YoY) from SAR 1.34 billion, according to financial statements. Earnings per share (EPS) climbed to SAR 2.91 in the first six months (6M) of 2025 from SAR 2.14 in the same period of 2024. Financials of Q2-25 During the second quarter (Q2) of 2025, Al Babtain Power generated net profits of SAR 97.70 million, reflecting an annual surge of 79.92% from SAR 54.30 million. Revenues increased by 5.75% to SAR 687.50 million in April-June 2025 from SAR 650.10 million in Q2-24. Quarterly, the Q2-25 net profits rose by 10.77% compared to SAR 88.20 million in the first three months (3M) of 2025, while the revenues grew by 8.91% from SAR 631.20 million. Cash Dividends The board recommended a cash dividend distribution of SAR 63.94 million or SAR 1 per share for H1-25. The payment date will be disclosed at a later time. In 2024, Al Babtain Power reported 87.77% higher net profits at SAR 265.70 million, compared to SAR 141.50 million in 2023. All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (
Arab News
31-07-2025
- Business
- Arab News
Closing Bell: Saudi stock market ends the week in green
RIYADH: Saudi Arabia's Tadawul All Share Index ended the week on Thursday with a slight gain, rising 5.89 points, or 0.05 percent, to close at 10,920.27. The total trading turnover reached SR4.38 billion ($1.16 billion), with 417.32 million shares traded. A total of 111 stocks advanced while 136 declined. The MSCI Tadawul 30 Index also edged higher, adding 2.66 points, or 0.19 percent, to finish at 1,409.74. On the Kingdom's parallel market Nomu, the index advanced by 115.90 points, or 0.43 percent, closing at 26,924.98. Of the listed companies, 47 gained while 31 declined. Sport Clubs Co. led the gainers, climbing 9.97 percent to SR11.25. They were followed by Al Babtain Power and Telecommunication Co., which rose 5.03 percent to SR56.40, and Bupa Arabia for Cooperative Insurance Co., which added 4.27 percent to close at SR168.60. Miahona Co. and Saudi Azm for Communication and Information Technology Co. were also among the top performers, gaining 4.23 percent and 3.85 percent, to close at SR27.10 and SR29.66, respectively. Saudi Steel Pipe Co. recorded the steepest decline of the session, falling 4.02 percent to SR51.30. It was followed by Yamama Cement Co., which dropped 3.8 percent to SR32.88, and Halwani Bros. Co., down 3.19 percent to SR42.42. Arab Insurance Cooperative Co. and Astra Industrial Group also posted losses of 2.92 percent and 2.57 percent, respectively. On the announcement front, Umm Al-Qura Cement Co. reported a 6.6 percent year-on-year decline in revenue for the first half of 2025, with sales amounting to SR122.5 million compared to SR131.2 million in the same period last year. Net profit also dropped, falling 30.8 percent to SR20.8 million from SR30.1 million over the same period. The company attributed the decline in revenue to a decrease in the average selling price per tonne. The fall in net profit was linked to the lower sales value and a reduction in other revenues, despite a decline in general and administrative expenses, financing costs, and zakat. Shares of Umm Al-Qura Cement Co. closed at SR15.61 on Thursday, down 0.32 percent. Almarai Co. confirmed the completion of its acquisition of Pure Beverages Industry Co., following its initial agreement signed on June 15. The company stated that the transaction reinforces its strategy to expand its beverage portfolio and strengthen its market presence, while supporting future growth plans. Almarai added that the acquisition was finalized with no change to the previously disclosed cost of SR1.04 billion. Shares of Almarai Co. closed at SR47.90 on Thursday, down 0.04 percent.
Yahoo
26-06-2025
- Business
- Yahoo
Global Dividend Stocks: 3 Top Picks For Income Investors
As global markets navigate a landscape marked by fluctuating geopolitical tensions and mixed economic signals, investors are seeking stability amid uncertainty. With central banks holding interest rates steady and growth forecasts being adjusted, dividend stocks offer a compelling option for those looking to generate income in today's market environment. Name Dividend Yield Dividend Rating Yamato Kogyo (TSE:5444) 4.54% ★★★★★★ Wuliangye YibinLtd (SZSE:000858) 5.29% ★★★★★★ Nissan Chemical (TSE:4021) 4.09% ★★★★★★ Japan Excellent (TSE:8987) 4.25% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 4.49% ★★★★★★ GakkyushaLtd (TSE:9769) 4.66% ★★★★★★ DoshishaLtd (TSE:7483) 4.09% ★★★★★★ Banque Cantonale Vaudoise (SWX:BCVN) 4.85% ★★★★★★ Asian Terminals (PSE:ATI) 6.28% ★★★★★★ Allianz (XTRA:ALV) 4.53% ★★★★★★ Click here to see the full list of 1557 stocks from our Top Global Dividend Stocks screener. Let's take a closer look at a couple of our picks from the screened companies. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Al-Babtain Power and Telecommunications Company, along with its subsidiaries, manufactures lighting poles and power transmission towers and accessories in the United Arab Emirates, Saudi Arabia, and Egypt, with a market cap of SAR3.38 billion. Operations: Al-Babtain Power and Telecommunications Company generates revenue from four main segments: Towers and Metal Structures Sector (SAR1.18 billion), Solar Energy Sector (SAR592.76 million), Columns and Lighting (SAR571.13 million), and Design, Supply, and Installation (SAR404.90 million). Dividend Yield: 3.7% Al-Babtain Power and Telecommunications offers a dividend yield of 3.74%, lower than the top 25% in the Saudi Arabian market. Despite its high debt level, dividends are well-covered by earnings (35.4% payout ratio) and cash flows (37% cash payout ratio). However, dividend reliability is a concern due to volatility over the past decade. Recent Q1 2025 results showed net income growth to SAR 88.2 million, reflecting improved profitability despite declining sales. Click to explore a detailed breakdown of our findings in Al-Babtain Power and Telecommunications' dividend report. Our comprehensive valuation report raises the possibility that Al-Babtain Power and Telecommunications is priced lower than what may be justified by its financials. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Universal Vision Biotechnology Co., Ltd. operates a chain of eye care clinics in Taiwan and China, with a market cap of NT$16.90 billion. Operations: Universal Vision Biotechnology Co., Ltd. generates its revenue from operating eye care clinics across Taiwan and China. Dividend Yield: 3.7% Universal Vision Biotechnology's dividend yield of 3.66% is below Taiwan's top 25% dividend payers. Nonetheless, dividends are well-supported by earnings (56.6% payout ratio) and cash flows (47.9% cash payout ratio), with a decade-long history of stability and growth. Recent Q1 2025 results indicate robust financial health, with net income rising to TWD 362.65 million from TWD 303.88 million year-over-year, underscoring the company's capacity to sustain its dividend payments amidst evolving corporate governance frameworks. Unlock comprehensive insights into our analysis of Universal Vision Biotechnology stock in this dividend report. Our valuation report unveils the possibility Universal Vision Biotechnology's shares may be trading at a discount. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Futaba Industrial Co., Ltd. is a company that manufactures and sells automotive parts, information environment equipment, external sales equipment, and agricultural equipment both in Japan and internationally, with a market cap of ¥67.12 billion. Operations: Futaba Industrial Co., Ltd.'s revenue primarily comes from its automotive parts, information environment equipment, external sales equipment, and agricultural equipment sectors in both domestic and international markets. Dividend Yield: 4.9% Futaba Industrial's dividend yield of 4.94% ranks among Japan's top 25% dividend payers, yet the dividends are not supported by free cash flows, indicating potential sustainability issues. Despite a stable and growing dividend history over the past decade, recent profit margins have declined to 0.9%. The company announced a special JPY 3.00 per share dividend for fiscal year ending March 2025, but regular dividends decreased from JPY 20.00 to JPY 18.00 per share compared to last year. Take a closer look at Futaba Industrial's potential here in our dividend report. In light of our recent valuation report, it seems possible that Futaba Industrial is trading behind its estimated value. Reveal the 1557 hidden gems among our Top Global Dividend Stocks screener with a single click here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SASE:2320 TPEX:3218 and TSE:7241. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Zawya
24-03-2025
- Business
- Zawya
Al Babtain Power's revenues exceed $744mln in 2024; dividends for H2 announced
Riyadh – The net profits of Al Babtain Power and Telecommunication Company hiked by 87.77% year-on-year (YoY) to SAR 265.70 million in 2024 from SAR 141.50 million. Revenues climbed by 12.93% to SAR 2.81 billion at the end of December 2024 from SAR 2.49 billion in 2023, according to the interim financials. The earnings per share (EPS) jumped to SAR 4.16 last year from SAR 2.22 in 2023. Cash Dividends for H2-24 The company's board members approved cash dividends valued at SAR 63.94 million, representing 10% of the capital, for the second half (H2) of 2024. Al Babtain Power will disburse SAR 1 per share for 63.94 eligible shares. Source: Mubasher All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. ( Mubasher
