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19/01/2014 20:44 AST
Net profit of Taiba Holding Company (TIRECO) during the 4th Q 2013 amounted to SAR 64.5 million versus SAR 42.4 million for the same quarter of last year with an increase of 52.12 %, compared to SAR 62.9 million for the previous quarter with increase of 2.54 %.
Gross profit during the 4th Q of 2013 added up to SAR 65.9 million versus SAR 59 million for the same quarter of last year, an increase of 11.69 percent.
Operating profit increased 15.32 % to SAR 55.7 million during 4thQuarter of 2013 versus SAR 48.3 million for the same quarter of last year.
While, net profit during 2013 showed a decrease of 35.04 percent with SAR 264 million versus SAR 406.4 million for the last year 2012.
EPS of TIRECO during 2013 recorded as SAR 1.76 per share versus 2.71 SAR/Share for the same period last year 2012.
The total gross profit during 2013 is recorded as SAR 246.6 million versus SAR 287.2 million for the last year 2012, showing decrease of 14.14%.
The total operating profit of TIRECO during 2013 amounted to SAR 208.5 million versus SAR 227.9 million for the last year 2012, decreasing 8.51 %.
The reason for increase in net profit for quarter compared with same quarter last year is due to the Increase in operating revenues and investment income.
The reason for decrease in Yearly net profits is due to capital gains in 2012 from the compansation of Hotel Aramas Al-Madina which is owned by Arac co. and sale of plots of Aliat Taiba plan owned by Al-Aqeeq co.
Gulfbase.com
15/06/2015
MILLENNIUM & Copthorne Hotels, Middle East and Africa, has signed four new hotels in Saudi Arabia with Taiba Holding Company.
The signing is part of the group's strategic expansion plan, w
Saudi Gazette
13/04/2015
Taiba Holding Co recorded SAR 202.3 million in net earnings during the first quarter of 2015, soaring 240% form SAR 59.5 million in Q1-14 but falling 27.3% from SAR 278.3 million in Q4-14.
Mubashar
19/06/2013
The Board of Directors of Taiba Holding Co. has recommended the distribution of dividend to the shareholders for the period second quarter 2013 as following:
1.Total amount of distribution
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MASAR | 23.34 | 0.66 (2.91 |
| JABALOMAR | 24.90 | 0.12 (0.48 |
| DARALARKAN | 23.40 | 0.40 (1.73 |
| EMAAREC | 15.60 | -0.14 (-0.89 |
| MCDC | 108.60 | 0.80 (0.74 |
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
24/04/2025
QNB has launched a new campaign, aimed at rewarding customers to use their QNB Mastercard debit cards for everyday purchases.
The campaign, taking place from April 24-June 24, will offer win
Gulf Times
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