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Banan Real Estate announces that its subsidiary, Qimam Nashaz Real Estate Development Company, has signed a contract with Armah Sports Company with a total value of SAR 244,113,088, excluding value-added tax.

Item Explanation Introduction Banan Real Estate Company is pleased to announce that its subsidiary, Qimam Nashiz Real Estate Development Company, has signed a development and lease contract with Armah Sports Company to develop and lease two fully fitted and ready-to-operate sports clubs (excluding movable furniture and sports equipment) in Riyadh, Al Rahmaniyah District, on Al…

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Banan Real Estate announces the Board of Directors’ decision to distribute cash dividends to shareholders for the second half of 2024.

Item Explanation Introduction Announcement by Banan Real Estate Company regarding the Board of Directors’ resolution to distribute cash dividends to shareholders for the second half of 2024. Board Resolution Date 1447-01-13 (corresponding to 2025-07-08) Total Amount Distributed 5,000,000 Number of Shares Eligible for Dividends 200,000,000 Dividend per Share 0.025 Distribution Ratio to Nominal Share Value…

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Banan Real Estate announces the preliminary financial results for the period ended 2025-06-30 (six months).

Item Current Quarter Same Quarter of Previous Year Change % Previous Quarter Change % Sales/Revenue 17,707,343 20,227,862 -12.46 18,031,761 -1.799 Gross Profit (Loss) 14,604,047 15,298,780 -4.541 15,249,227 -4.23 Operating Profit (Loss) 12,249,282 12,877,520 -4.878 12,492,933 -1.95 Net Profit (Loss) 8,169,422 6,417,465 27.299 9,997,824 -18.287 Total Comprehensive Income 8,045,396 6,415,843 25.398 9,837,426 -18.216 All figures are…

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Banan Real Estate announces the latest developments regarding the signing of a memorandum of understanding with Abdulaziz & Saad Al Muajil for Trade and Investment.

Item Explanation Introduction Banan Real Estate Company is pleased to announce the signing of a cooperation agreement to establish a real estate fund with Artal Financial Company and Abdulaziz & Saad Al-Mu’ajjal Trading and Investment Company Previously announced event Signing a memorandum of understanding with Abdulaziz & Saad Al-Mu’ajjal Trading and Investment Company Date of…

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Banan Real Estate announces that there is no financial impact on the company as a result of implementing the updated White Land Tax (Fees) system.

Item Explanation Announcement details With reference to the updated Executive Regulations issued by the Ministry of Municipalities and Housing بتاريخ 22-08-2025 regarding the implementation of the White Land Tax system and the determination of the geographic scopes for the White Land Tax in the city of Riyadh, issued بتاريخ 27-08-2025.  Banan Real Estate Company announces…

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Banan Real Estate’s Board of Directors invites shareholders to attend the Ordinary General Assembly meeting (First Meeting).

Item Explanation Introduction The Board of Directors of Banan Real Estate Company is pleased to invite valued shareholders to participate and vote in the Ordinary General Assembly meeting (First Meeting), scheduled to be held via modern technology means, God willing, at 6:30 PM on Monday, 19/05/1447H corresponding to 10/11/2025. City and venue of the General…

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Banan Real Estate announces the preliminary financial results for the period ended 2025-09-30 (nine months).

“`html Item Current quarter Same quarter of previous year Change % Previous quarter Change % Sales/Revenues 18,588,308 16,675,160 11.473 17,707,343 4.975 Gross profit (loss) 15,473,507 14,209,039 8.899 14,604,047 5.953 Operating profit (loss) 13,228,836 11,762,150 12.469 12,249,282 7.996 Net profit (loss) 8,787,700 10,036,965 -12.446 8,169,422 7.568 Total comprehensive income 8,773,751 9,992,034 -12.192 8,045,396 9.053 All figures…

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Banan Real Estate announces the start of electronic voting on the agenda items of the Ordinary General Assembly (First Meeting).

Item Explanation Announcement details With reference to Banan Real Estate Company’s announcement on the Saudi Exchange (Tadawul) website dated 21 Rabi’ Al-Thani 1447H corresponding to 13 October 2025, regarding the invitation to participate and vote in the Ordinary General Assembly meeting to be held, God willing, at 6:30 PM on Monday 19 Jumada Al-Awwal 1447H…

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