IssuerAnnouncementDetailsV2Portlet
Actions
The National Shipping Company of Saudi Arabia (Bahri) announces the latest update about the agreement with the Saudi Water Authority (SWA) and the start of commercial operations of the three desalination barges
4030
BAHRI
-0.08
%
1446/12/15 11/06/2025 09:20:49
| Element List | Explanation |
|---|---|
| Introduction | Reference to the announcement made by the National Shipping Company of Saudi Arabia (Bahri) on 27-Dec-2023 on Saudi Exchange website, regarding the agreement with the Saudi Water Authority “SWA” (Saline Water Conversion Corporation “SWCC”, previously), Bahri announces the successful completion and the start of the commercial operations of the three floating desalination barges project. |
| Previous Announcement | The National Shipping Company of Saudi Arabia (Bahri) announces the latest update about the agreement with the Saudi Water Authority (SWA), (Saline Water Conversion Corporation (SWCC) previously). |
| Date of Previous Announcement on Saudi Exchange’s Website | 2023-12-27 Corresponding to 1445-06-14 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The successful completion and the start of the commercial operations of the three floating desalination barges project, where the financial impact of the whole project will be reflected on the income statement of the Company starting from the second quarter of the fiscal year 2025. |
| Reasons For The Delay on The Date of The Event Previously Announced | The prolonged extreme weather conditions in the Red Sea in the later part of 2024 led to delays in transporting and mooring the third barge at its permanent location before starting up operations. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | None. |
| Delay consequences on the Company’s financial results | Not applicable. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
Share
Company Performance
BAHRI
Add To Watchlist
In your Watchlist
Add To Watchlist
Key Parameters
Last Price 23.98
Net Change -0.02 (-0.08%)
Value Traded (Sar) 8,179,481.99
Volume Traded 340,980
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions