Announcements

Correcting announcement from Al Hassan Ghazi Ibrahim Shaker Co. in regards to its Interim Financial Results for the Period Ending on 2019-09-30 ( Nine Months )

ELEMENT LIST EXPLANATION Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul’s Website 2019-11-06 Corresponding to 1441-03-09 Incorrect statements in the previous announcement losses per share for current period -67 and for similar period for previous year -162 Correct Statement losses per share for current period -0.67 and for similar period for …

Correcting announcement from Al Hassan Ghazi Ibrahim Shaker Co. in regards to its Interim Financial Results for the Period Ending on 2019-09-30 ( Nine Months ) Read More »

Al Hassan Ghazi Ibrahim Shaker Co. announces its Interim Financial Results for the Period Ending on 2019-09-30 ( Nine Months )

ELEMENT LIST CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR %CHANGE PREVIOUS QUARTER % CHANGE Sales/Revenue 247,842 173,980 42.454 253,531 -2.243 Gross Profit (Loss) 49,053 27,292 79.733 48,282 1.596 Operational Profit (Loss) -6,158 -31,188 -80.255 -5,833 5.571 Net Profit (Loss) after Zakat and Tax -6,656 -46,782 -85.772 -9,938 -33.024 Total Comprehensive Income -6,708 -46,782 -85.661 -10,831 …

Al Hassan Ghazi Ibrahim Shaker Co. announces its Interim Financial Results for the Period Ending on 2019-09-30 ( Nine Months ) Read More »

Shaker Company announces the Appointment of a new Chief Executive Officer and the Cancellation of Assignment of its Acting Chief Executive Officer

Shaker Company Announces its Board decision to cancel the assignment of its Country Manager Mr. Hakam Abu Risheh from his post as acting CEO, and the appointment of Eng. Azzam Almudaiheem as a new Chief Executive Officer for the Company effective 19-11-2017.Eng. Al Mudaiheem holds a BSc Mechanical Engineering with Honors from King Saud University, …

Shaker Company announces the Appointment of a new Chief Executive Officer and the Cancellation of Assignment of its Acting Chief Executive Officer Read More »

Al Hassan Ghazi Ibrahim Shaker Co. announces the interim financial results for the period ending on 30-09-2017 (Nine Months)

ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) -49,172 4,039 – -21,094 -133.11 Gross profit (loss) 29,293 94,408 -68.97 74,248 -60.55 Operational profit (loss) -38,664 11,832 – -15,009 -157.61 All figures are in (Thousands) Saudi Arabia, Riyals ELEMENT CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS …

Al Hassan Ghazi Ibrahim Shaker Co. announces the interim financial results for the period ending on 30-09-2017 (Nine Months) Read More »

Al Hassan Ghazi Ibrahim Shaker Co. announces the interim financial results for the period ending on 30-06-2017 (Six Months)

ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) -21,094 47,003 – -14,890 -41.67 Gross profit (loss) 74,248 135,401 -45.16 67,085 10.68 Operational profit (loss) -15,009 41,547 – -22,674 33.81 All figures are in (Thousands) Saudi Arabia, Riyals ELEMENT CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS …

Al Hassan Ghazi Ibrahim Shaker Co. announces the interim financial results for the period ending on 30-06-2017 (Six Months) Read More »

Al Hassan G.I. Shaker Company announces the resignation of the Managing Director (CEO) and the assignment of Chief Executive Officer.

Shaker Company announces that its Board of Directors accepted on 31/5/2017 the resignation of Mr. Jameel Al Molhem from the executive offices of MD and Chief Executive Officer due to personal reasons, while keeping his membership on the board. Mr. Al Molhem’s resignation will take effect as of 25/7/2017.Further, the Board also decided on 31/5/2017 …

Al Hassan G.I. Shaker Company announces the resignation of the Managing Director (CEO) and the assignment of Chief Executive Officer. Read More »

Al Hassan Ghazi Ibrahim Shaker Co. announces the interim financial results for the period ending on 31-03-2017 (Three Months)

ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) -14,890 27,984 – -29,556 49.62 Gross profit (loss) 67,085 98,659 -32 69,496 -3.47 Operational profit (loss) -22,674 23,094 – -17,755 -27.7 Earning or loss per share, Riyals -0.24 0.44 – – – All figures are in …

Al Hassan Ghazi Ibrahim Shaker Co. announces the interim financial results for the period ending on 31-03-2017 (Three Months) Read More »

Al Hassan Shaker announces the transition plan for implementing of International Financial Reporting Standards IFRS (Third Stage)

Reference to its announcement on Tadawul dated 27/10/2016 relating to the stages of implementation of International Financial Reporting Standards (IFRS), the company would like to update as the follows:1.The Board has approved on 30/11/2016 the accounting policies according to IFRS.2.The Q1 2016 set of financial statements have been prepared in accordance with International Financial Reporting …

Al Hassan Shaker announces the transition plan for implementing of International Financial Reporting Standards IFRS (Third Stage) Read More »

Al Hassan Ghazi Ibrahim Shaker Co. announces the interim financial results for the period ending on 31-12-2016 (Twelve Months)

ELEMENT CURRENT QUARTER SIMILAR QUARTER FOR PREVIOUS YEAR % CHANGE CURRENT PREVIOUS QUARTER % CHANGE PREVIOUS Net profit (loss) -29,898 -17,842 -67.57 2,362 – Gross profit (loss) 69,496 59,995 15.84 94,408 -26.39 Operational profit (loss) -19,550 -22,241 12.1 9,546 – All figures are in (Thousands) Saudi Arabia, Riyals ELEMENT CURRENT PERIOD SIMILAR PERIOD FOR PREVIOUS …

Al Hassan Ghazi Ibrahim Shaker Co. announces the interim financial results for the period ending on 31-12-2016 (Twelve Months) Read More »

Al Hassan Ghazi Ibrahim Shaker Company Announces the Signing of Extension to The Exclusive LG Air-Conditioning Products Distribution Agreement.

Al-Hassan Ghazi Ibrahim Shaker Company announces that today it has received the signed amendment of 3-Year Extension of its exclusive air-conditioning LG products distribution agreement with LG Electronics Inc. The extension is to run for 3 year effective Jan 1st, 2017, knowing that the original signed agreement between the two companies goes back to early …

Al Hassan Ghazi Ibrahim Shaker Company Announces the Signing of Extension to The Exclusive LG Air-Conditioning Products Distribution Agreement. Read More »

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