21/04/2013 09:14 AST

Knowledge Economic City Company - KEC announces its consolidated interim financial results for the period ended 31/03/2013:

1.Net loss during the first quarter amounted to SAR 8.1 million, compared to SAR 8.3 million for the corresponding quarter of the previous year, a 2.4% decrease, and compared to SAR 27 million for the previous quarter, a 70% decrease.

2.Gross profit during the first quarter amounted to SAR 2.5 million, compared to SAR 1.7 million for the corresponding quarter of the previous year, a 47% increase.

3.Operating loss during the first quarter amounted to SAR 5.9 million, compared to SAR 8.4 million for the corresponding quarter of the previous year, a 29.7% decrease.

4.Loss per share during the three months amounted to SAR 0.02, compared to SAR 0.02 for the corresponding period of the previous year.

5.Decrease in the companys loss during the first quarter compared to the corresponding quarter of the previous year is mainly due to the increase in in gross profit and decrease in operating expenses despite the increase in the zakat expense

6.Decrease in the companys loss during the first quarter compared to the previous quarter is mainly due to the decrease in operating expenses and zakat expenses despite the decrease in non-operating income in the first quarter


Tadawul

Knowledge Economic City announces the Appointment of CEO

06/01/2014

Knowledge Economic City Company announces the appointment of Engineer Ibrahim Ahmed bin Mohammed Al Balushi as Chief Executive Officer for the company effective 05/04/1435H corresponding to 05/02/201

Tadawul

KEC announces its consolidated annual finacial results

25/02/2013

Knowledge Economic City Company - KEC announces its consolidated annual financial results for the period ended 31/12/2012:

1.Net loss amounted to SAR 26 million, compared to SAR 154.7 mill

Tadawul

KEC announces its consolidated interim financial results

20/01/2013

Knowledge Economic City Company (KEC) announces its consolidated interim financial results for the period ended 31/12/2012:

1.Net loss during the fourth quarter amounted to SAR 27 million,

Tadawul

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