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- Southern Province, Yanbu Cement extend key merger talks
- Burgan Bank appoints Al-Roomi as Deputy General Manager
- NBK 'first bank to launch automated safe deposit boxes' for customers
- Zain Omantel International takes home four major industry awards
- Income Tax key step for revenue diversification: Economy Minister
- Qatar Stock Exchange index soars to new heights amid regional tensions
- Dollar falls against other currencies
- UAE FinTech market likely to grow from $3.16 billion in 2024 to $5.71 billion by 2029
- Al Mal Capital REIT announces follow-on public offering
- Saudi Arabia's Non-Oil Industrial Sector Grows 5.3% in 2024
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 | 140.00 | 4.00 (2.94 |
| ASTRAINDUSTRIAL | 150.00 | 5.00 (3.44 |
| OBEIKANGLASS | 30.10 | 1.85 (6.54 |
| RAOOM | 65.00 | 2.90 (4.66 |
| ALBABTAIN | 51.70 | 1.10 (2.17 |
25/06/2025
Southern Province Cement Company has announced that it has entered into a non-binding agreement with a leading Saudi cement group Yanbu to explore a potential merger.
The duo had an year ag
Trade Arabia
25/06/2025
Burgan Bank announced the appointment of Mohammed Al-Roomi as Deputy General Manager of Information and Cyber Security Management. This strategic appointment reflects the Bank's unwavering dedication
Kuwait Times
25/06/2025
In line with its commitment to enriching its customers' banking experience and providing the best innovative digital services that meet their needs, the National Bank of Kuwait announced the launch o
Kuwait Times
25/06/2025
Zain Omantel International (ZOI), the joint venture between Zain Group and Omantel, has earned four prestigious international awards - underscoring its position as a connectivity powerhouse in the re
Kuwait Times
25/06/2025
Al Mal Capital REIT, the first REIT listed on the Dubai Financial Market (DFM), on Tuesday announced a follow-on public offering (FPO) on its closed ended Real Estate Investment Trust (REIT).
Khaleej Times
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