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- Lebanon receives preliminary approval to increase World Bank loan to $400m
- China Exempts Some Goods from US Tariffs to Limit trade War Pain
- Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as 9th year milestone marked
- Foreign investors remain net buyers of GCC stock market in first quarter
- Quarterly earnings announcement, tariff hold supports QSE index rise
- Gold prices drop more than 1%
- Saudi Arabia's Vision 2030 enters final phase with strong momentum
- Saudi Arabia takes part in European Economic Congress
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- Adnoc Distribution to operate 500 high-power EV chargers by 2028
13/01/2013 07:38 AST
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 million for the last quarter with a decrease of 54.6% .
2- The company's gross profit during the fourth quarter is SR 2.3 million compared to profit SR 1.3 million for the same quarter last year with an increase of 76.9%.
3- The company's operating profit for the fourth quarter is SR 1.2 million compared to loss SR 184 thousands for the same quarter last year.
4- The company's net profit during the twelve months is SR 2.8 million compared to profit SR 9.3 million for the same period last year with a decrease of 69.9%.
5- The earnings per share during twelve months is SR 0.26 compared to earning SR 0.86 for the same period last year.
6- The company's gross profit during the twelve months is SR 6.9 million compared to SR 13.5 million profits for the same period last year with a decrease of 48.9%.
7- The company's operating profit during twelve months is SR 2.6 million compared to profit SR 8.8 million for the same period last year with a decrease of 70.5%.
8- The reason for the increase in Sales and Profit during fourth quarter compared to same quarter last year is due to increase in sale and export to Ethiopians market with new products.
9-The decrease in sales and profit during the period and compared to the same period last year is due to decrease in export volume of the raw material for fertilizer manufacturing to China market, in addition to fallen profit margin due to high supply and low demand, despite the export of new products to Ethiopians market and the increase of food distribution in local market.
10-The decrease in profit during the fourth quarter compared to previous quarter is due to decrease in profit margin due to high competition by Chinese and Indian products, also reduction in non operational income (other income) has contributed significantly in the decrease of profit.
11-Fourth Quarter result has been compared to last year audited result.
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
14/04/2013
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 wa
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
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| RIYADHCABLES | 122.20 | -1.40 (-1.14 |
| ASTRAINDUSTRIAL | 147.60 | 0.40 (0.27 |
| OBEIKANGLASS | 31.20 | 0.90 (2.97 |
| RAOOM | 80.00 | -0.50 (-0.63 |
| BAWAN | 56.10 | 1.30 (2.37 |
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
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
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