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19/08/1432 00:00 AST
Anaam International Holding Group's net profit dropped 78 percent to SR1.1 million in the second quarter compared to SR4.9 million for the same period of 2010, a company statement posted on Tadawul website said Tuesday. It plunged 50 percent from SR2.2 million reached in the first quarter of this year.
The decrease in profit for the first half of 2011 compared to the same period of 2010 is mainly due to gain on sale of investments of SR5.2 million in the first six month of 2010. The decrease in profit during Q2 compared to Q1 of 2011 is due to gain on sale of fixed assets of SR2.8 million in Q1 of 2011.
Meanwhile, gross profit for Q2 2011 jumped 55 percent to SR6.5 million compared to SR4.2 million for the same period of 2010.
Operating profit for Q2 2011 is 1.1 million compared to SR213 thousand for the same period of 2010, representing an increase of 416 percent.
The increase in gross profit is due to increase in sales by 104 percent compared to the same period last year, which affected positively in increasing of operating profit by 416 percent in Q2 of 2011 compared to Q2 of 2010, the company said.
Net profit for the six months is SR3.3 million compared to SR5.1 million for same period of 2010, representing a decrease of 35 percent.
Earnings per share were SR0.30 for the first 6 months compared to SR0.47 for the same period of 2010.
6. Gross profit for the six months totaled SR11.3 million compared to SR6.3 million for the same period of 2010, representing an increase of 79 percent.
Saudi Gazette
21/01/2013
Anaam International Holding Group announces its interim consolidated financial results for the period ended December 31, 2012 as follows:
1. Net profit for Q4 2012 is SR 592 thousand compar
Tadawul
09/10/2012
Anaam International Holding Group (ANAAM) announced its interim consolidated financial results for the period ended September 30, 2012 as follows:
Net profit for Q3 2012 is recorded as SR
Gulfbase.com
11/10/2011
Anaam International Holding Group, a Saudi food processing and agriculture company, is expanding its dry and frozen foods business, as well as its livestock-feed unit.
The company is in talk
Saudi Gazette
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| NAHDI | 121.00 | 1.10 (0.91 |
| A.OTHAIMMARKET | 7.72 | 0.00 (0.00 |
| BINDAWOOD | 5.67 | 0.02 (0.35 |
| ALDAWAA | 66.50 | -0.75 (-1.12 |
| ALMUNAJEM | 61.20 | 0.05 (0.08 |
10/10/2025
As part of its continuous preparations for the highly anticipated Gulf Bank 642 Marathon, scheduled to take place on November 29, Gulf Bank has proudly announced the launch of the second edition of t
Kuwait Times
10/10/2025
The Saudi Water Partnership Company (SWPC) has announced that Alkhorayef Water and Power Technologies, a leading player in the kingdom's utility sector, has emerged as the preferred bidder for the Sm
Trade Arabia
10/10/2025
Saudi Aramco completed the acquisition of an additional 22.5 percent stake in Rabigh Refining and Petrochemical Co., known as Petro Rabigh, from Japan's Sumitomo Chemical Corp. for $702 million.
Arab News
09/10/2025
Once again, Boubyan Bank reinforces its global, regional and domestic digital banking leadership after being recognized with 4 prestigious awards from Global Finance, as part of its annual awards giv
Kuwait Times
09/10/2025
Guided by its philosophy that sees human capital investment as the foundation of sustainable growth, National Bank of Kuwait successfully concluded its 2025 training program for university students,
Kuwait Times
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