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14/04/2013 13:54 AST
SAUDI INDUSTRIAL EXPORT COMPANY ANNOUNCES ITS INTERM FINANCIAL RESULTS FOR THE FIRST QUARTER ENDING AT 31/03/2013 ( THREE MONTHS ):
1- The company's net profit during the first quarter was SR 2.7 million compared to SR 444 thousands for the same quarter last year with an increase of 508.1%, And compared to SR 590 thousands for the last quarter with an increase of 357.6%.
2- The company's gross profit during the first quarter was SR 4.0 million compared to SR 1.5 million for the same quarter last year with an increase of 166.7% .
3- The company's income from operation during the first quarter was SR 2.9 million compared to SR 488 thousands for the same quarter last year with an increase of 494.3% .
4- The Earnings per share during three months was SR 0.25 compared to SR 0.04 for the same quarter last year.
5- The reasons for the increase in sales and profit during the first quarter of 2013 compared to the same quarter last year is mainly due to the increase in export to the Ethiopian Market, where export increased by 63% in addition to the increase of local sales of food products, where local sales increased by 408%.
6- The reasons for the increase in profit during the first quarter of 2013 compared to fourth quarter of last year is due to increase in export volume and increase in profit margin for exports to Ethiopian Market.
Tadawul
06/12/2017
The CMA has issued its resolution approving Saudi Industrial Export Company's request to reduce its capital from SAR (108,000,000) to SAR (10,800,000), thus reducing the number of shares from (10,800
Tadawul
17/02/2013
SAUDI INDUSTRIAL EXPORT COMPANY - SIECO ANNOUNCES ITS FINANCIAL RESULTS ENDING AT 31/12/2012
1- The company's net profit is SR 2.8 million compared to profit SR 9.3 million for la
Tadawul
13/01/2013
1- The company's net profit during the fourth quarter is SR 590 thousands compared to profit SR 142 thousands for the same quarter last year with a increase of 315.5% , and compared to profit SR 1.3
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| RIYADHCABLES | 124.00 | 1.80 (1.47 |
| ASTRAINDUSTRIAL | 148.80 | 1.20 (0.81 |
| OBEIKANGLASS | 32.15 | 0.95 (3.04 |
| RAOOM | 79.50 | -0.50 (-0.63 |
| BAWAN | 55.50 | -0.60 (-1.07 |
28/04/2025
Lubna S. Olayan, Chair of the Board of Directors of Saudi Awwal Bank (SAB), announced on Sunday the bank's financial results for the period ending 31 March, 2025.
For the first three months
Saudi Gazette
28/04/2025
stc announced its preliminary financial results for the period ending March 31, 2025, highlighting strong performance across key metrics.
Revenues for the first quarter reached SR19,210 mill
Saudi Gazette
28/04/2025
Arab Bank Group has reported solid results for the first quarter of 2025, with 7 % increase in net income after tax reaching $ 271 million, compared to $252.8 million for the same period last year.
Trade Arabia
28/04/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has cemented its position as a regional leader in industrial innovation by becoming the first aluminium smelter in the Mid
Trade Arabia
26/04/2025
Adnoc Distribution, a leading fuel distributor and convenience store operator, has unveiled plans for a major expansion of its electric vehicle (EV) charging infrastructure, increasing its charging p
Trade Arabia
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