Takween Advanced Industries Company announces to its shareholders that it has repaid a loan amounting to SAR 75 million, which is a working capital murabaha facility with the Arab National Bank, by using the proceeds of the equity rights offering. By repaying this loan, the company aims to reduce lending rates and improve financial indicators in light of the continuous increase in interest rates.
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|
5-day change | 1st Jan Change | ||
14.1 SAR | +1.29% | +0.57% | -7.72% |
Apr. 30 | Saudi Shares Close Higher; Aldawaa Medical Services Gains | MT |
Apr. 30 | Takween Advanced Industries Reports Smaller Loss in Q1; Revenue Declines | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-7.72% | 284M | |
+4.82% | 14.46B | |
+20.09% | 9.73B | |
-11.30% | 6.82B | |
+34.00% | 1.5B | |
-12.45% | 1.37B | |
+12.07% | 1.37B | |
+36.81% | 1.28B | |
-20.25% | 1.03B | |
+23.35% | 851M |
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- Takween Advanced Industries Co. Announces Repaying Loan Using the Proceeds of the Offering