04/01/2016 05:40 AST

Saudi Arabia's Abdullah Abdul Mohsin Al-Khodari and Sons on Sunday forecast changes to the kingdom's electricity and energy prices would raise its costs by SR44.3 million ($11.81 million) between 2016 and 2020.

The builder is the latest Riyadh-listed company to reveal the likely impact of higher prices on its operations.

Khodari forecast its operational costs would increase by SR22.1 million in 2016, SR12.4 million in 2017, SR8.5 million in 2018 and by less than SR1 million in both 2019 and 2020, according to a bourse statement.

The company's activities spans civil engineering, roads, bridges and railways, buildings and infrastructure, water & waste water treatment, oil & gas and pipelines in support of petrochemical production, city cleaning and environment , land transportation and operation & maintenance.


Saudi Gazette

Saudi builder Al-Khodari puts value of delayed work at SR362 million

23/11/2016

Saudi Arabian construction firm Abdullah Abdul Mohsin Al-Khodari and Sons said on Tuesday that projects worth SR362.2 million ($97 million) had been delayed due to factors ranging from clients' fundi

Arab News

Al-Khodari suffers SR43.34m Q2 loss

27/07/2016

Saudi Arabian construction firm Abdullah Abdul Mohsin Al-Khodari and Sons said on Tuesday it swung to a net loss in the second quarter as earnings were pressured once again by a slowdown in the Kingd

Arab News

Saudi contractor Khodari swings to Q4 loss

20/01/2016

Saudi Arabian construction firm Abdullah Abdul Mohsin Al Khodari and Sons on Tuesday said it had swung to a fourth-quarter net loss as margins and revenue fell and financial charges increased.

Trade Arabia

Ticker Price Volume
SSP 67.50 917,483
QLMI 2.05 133,047
ORDS 12.93 2,023,058
FINC 0.04 10,000
LUBEREF 107.60 334,554
QIBK 20.60 379,680
BANAN 5.40 8,647
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
BURGERIZZR 12.50 -0.50 (-3.85%)
ALMUTAHED 0.00 0.00 (0.00%)
ALMAL 0.00 0.00 (0.00%)
ALAMAN 0.00 0.00 (0.00%)
MASSALEH 0.00 0.00 (0.00%)
Adnoc raises $2.8bn from Adnoc Gas offering on strong institutional investor demand

21/02/2025

Abu Dhabi's Adnoc raised about Dh10.4 billion ($2.84 billion) from the sale of 3.1 billion shares in Adnoc Gas on "exceptional" demand from Gulf and international institutional investors.

Th

The National

Tadawul group eyes more M&A to boost capital markets

20/02/2025

Saudi Tadawul Group said it's targeting more mergers and acquisitions as it looks to further develop the local capital market and draw in foreign investors.

The owner of the Saudi stock excha

Bloomberg

LuLu Walkathon celebrates Saudi Founding Day, with promoting a message of sustainability

20/02/2025

In a grand display of community spirit and dedication to sustainability, LuLu Saudi Hypermarket hosted the highly anticipated LuLu Walkathon on Saturday, February 15, 2025, to commemorate Saudi Found

Saudi Gazette

Commercial Bank participates in Ministry of Labour's Tawteen initiative

19/02/2025

Commercial Bank has participated in the 'Tawteen' initiative, a nationalisation programme led by the Ministry of Labour (MoL) aimed at empowering Qatari nationals in line with Qatar National Vision 2

Gulf Times

SADAFCO participates in King Abdulaziz University career fair

18/02/2025

The Saudi Dairy and Food Products Company participated in the 12th Career Forum at King Abdulaziz University. The event took place from Feb. 2 to 6, under the patronage of Prince Saud bin Mishal bin

Arab News