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NEW CONTRACT FOR ALL ELECTRICAL WORKS

January | 2013

HALWANI BROS SIGN THE CONTRACT FOR THE EXECUTION OF ALL ELECTRICAL AND MECHANICAL WORKS IN THE SECOND PHASE OF THE NEW INDUSTRIAL COMPLEX PROJECT.

Further to the company’s announcement on August 16th 2011 that mentioned the civil and steel structure work of the second phase of the new industrial complex with a total contract value of SR 110 m, Halwani Bros are pleased to announce that the contract was signed today, January 5th 2013, with Electromechanical & Technical Associates (ETA) to provide all electrical and mechanical works. The total contract value is SR 86 M. The project’s expected delivery date is 14 months from the date of signing the contract. In addition, the company is in the process of contracting for new production lines with an expected worth of SR 55 m.

FINANCIAL RESULTS FOR THE PERIOD ENDED 31/12/2012

January | 2014

HALWANI BROTHERS COMPANY ANNOUNCES ITS ESTIMATE FINANCIAL RESULTS

Halwani Bros achieved SR 25.4M net income in quarter four 2012 compared to SR 15.9M in the same quarter the previous year, a growth of 59.7% and, compared to SR 20.7M in quarter three 2012, a growth of 22.7%.

Gross profit reached SR 73.5M in quarter four 2012 compared to SR 55.4M in the same quarter the previous year, a growth of SR 32.7%.

Operating profit measured SR 31.9M in quarter four 2012, compared to SR 20.6M in the same quarter the previous year, a growth of 54.9%.

The company achieved SR 87.0M net income for the twelve months ended 31/12/2012, compared to SR 80.5M in the same period the previous year, a growth of 8.1%.

Earnings per share for the twelve months ended 31/12/2012 were SR 3.05, compared to SR 2.82 for the same period the previous year.

Gross profit achieved for the twelve months ended 31/12/2012 was SR 276.2M compared to SR 243.5M in the same period the previous year, a growth of 13.4%.

Operating profit for the twelve months ended 31/12/2012 was SR 118.9M, compared to SR 104.5M in the same period the previous year, a growth of 13.8%.

The main driver for net income growth in quarter four 2012 compared to the same period in the previous year was sales growth. This increased from SR 197.9M to SR 225.7M, achieving 14% growth, supported by significant growth in the company’s sales in Egypt.

The main driver for the annual gross profit growth in 2012 vs. 2011 was 2012 sales of SR 892.2M compared to SR 813.6M in 2011, a growth of 9.7%, as well as continuous effort in cost-saving programmes to offset the price increases in raw materials and packaging, and to minimise/eliminate any potential end product price increases to the consumer.

The main driver for net income growth in quarter four 2012 compared to quarter three 2012 was gross profit growth of 8.4%.

HALWANI BROS ANNOUNCES ITS ESTIMATE FINANCIAL RESULTS

January | 2014

1- Halwani Bros achieved SR 30.9M net income in quarter one 2013 compared to SR 18.1M in the same quarter the previous year, a growth of 70.7%, and compared to SR 25.4 in quarter four 2012, a growth of 21.7%.

2- Gross profit reached SR 86.4M in quarter one 2013 compared to SR 66.5M in the same quarter the previous year, a growth of SR 29.9%.

3- Operating profit measured SR 39.8M in quarter one 2013, compared to SR 26M in the same quarter the previous year, a growth of 53.1%.

4- Earnings per share for the three months ended 31/3/2013 were SR 1.08, compared to SR 0.63 for the same period the previous year.

5- The main driver for net income growth in quarter one 2013 compared to the same period the previous year was sales growth of SR 250M, compared to SR 216.7M in quarter one 2012, a growth of 15.4%, as well as improved margins as a result of the ongoing cost-saving initiatives to offset the price increases in raw materials and packaging, and to minimise potential end product price increases to the consumer.

6- The main driver for net income growth in quarter one 2013 compared to quarter four 2012 was gross profit growth of 17.6%, boosting margin improvement by 2%.

HALWANI BROS ANNOUNCES ITS ANNUAL FINANCIAL RESULTS

October | 2015

Growth is due to sales increases, whereby the 2013 Turnover is SR 958M compared to SR 892M in 2012, equivalent to 7.4% growth, as well as a reduction in the finance charges of the Egyptian business unit.

Other Expenses have been reclassified from being part of General Administrative Expenses to become a standalone Other Expenses element in the 2012 Income Statement. This resulted in an increased 2012 Operating Profit from SR 118.8M to SR 120.6M.

Doubtful Debt provision is separated from Selling & Marketing Expenses, with no impact on Operating Profit.

Slow Moving Stock Provision is separated from General Administrative Expenses, with no impact on Operating Profit.

HALWANI BROS ANNOUNCES FINANCIAL RESULTS

October | 2015

Further to the announcement published on Tadawul's website on 15-10-2015 related to interim financial results for the period ending 30-09-2015 (nine months), Halwani Bros announces the following addendum:

Added to the main mentioned reasons for profit increase for the current quarter compared to the previous quarter in the current year, an additional reason for the profit increase is the fact that there was no need to build provisions for this quarter.

HALWANI BROS. COMPANY ANNOUNCES ELECTION

November | 2015

Halwani Bros has announced the result of the Ordinary General Assembly Meeting that was announced on the Tadawul website dated 05/11/2015 regarding the new members of the Board of Directors, starting from 07/11/2015 for three years.

The board members have unanimously elected on 07/11/2015 Eng Abdulrahman I Al Rwaiti Chairman of the Board and Eng Saleh A Hefni MD and CEO, and formed the following committees:

AUDIT COMMITTEE

Abdulilah A. Sabahi ,Chairman

Osama Z. Jamjoom.

Anas G. Kashoggi

REMUNERATION AND COMPENSATION COMMITTEE

Abdulaziz M. Yamani,Chairman

Ahmed A. Kyhat

Khalid A. Al Kaff

ADDENDUM ANNOUNCEMENT FROM HALWANI BROS

November | 2015

Further to the announcement published on the Tadawul website on 14-09-2015 related to the conditional binding acquisitions offer from our subsidiary in the Arab Republic of Egypt to acquire Al Rashidi El Mizan (Egyptian company), Halwani Bros announces their offer has been rejected for the target acquisition.

Halwani announces results of general assembly meeting

November | 2015

Halwani Bros has announced that the company held its Ordinary General Assembly Meeting in the Movenpick Al bilad in Jeddah on 04-11-2015. The assembly approved the following agenda item:

Approval of the election of the members of the Board of Directors for its next session, which begins on November 7th, 2015 for a period of three years until November 6th, 2018. Names of the elected nominees are as follows:

Abdulrahman I. Al Rwaiti

Mohamed A. Halwani

Abdulilah A. Sabahi.

Osama Z. Jamjoom

Abdulaziz M. Yamani

Saleh A. Hefni.

Anas G. Kashoggi

Khalid A. Al Kaff

Ahmed A. Kyhat

DIVIDENDS DISTRIBUTION OF SR 2 PER SHARE

December | 2012

HALWANI’S BOARD OF DIRECTORS RECOMMENDS DIVIDENDS DISTRIBUTION OF SR 2 PER SHARE FOR THE YEAR 2012.

The Halwani Bros board of directors recommends a dividend distribution of SR 2 per share with a total value of SR 57,142,860 for the year 2012, 20% of the company capital, from retained earnings as of 30/09/2012, following the board meeting held on Saturday, December 29th 2012. Listed shareholders by the end of the assembly general meeting date are entitled to the aforementioned dividends. The assembly general meeting date and distribution mechanism will be announced at a later stage. This decision will be presented to the AGM for statutory approval. Finally, the board of directors would like to emphasise that this decision is aimed at maximising Halwani Bros shareholders’ returns on investment, in line with company strategy.