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Makkah Construction posts 622% leap in Q1-23 profits
Makkah Construction and Development Company recorded net profits after Zakat and tax amounting to SAR 65 million in the first quarter (Q1) of 2023, an …
business
Saudi: Arriyadh Development’s profits shrink nearly 77% in Q1-23
Arriyadh Development Company logged net profits after Zakat and tax valued at SAR 32.40 million in the first quarter (Q1) of 2023, lower by 76.69% …
business
Saudi: Nahdi Medical generates over $65.06mln profits in Q1-23
Nahdi Medical Company registered 2.86% higher net profits after Zakat and tax at SAR 244.30 million in the first quarter (Q1) of 2023, compared to …
business
Saudi ACWA Power Q1 net profit up 78%, but misses estimates
Saudi Arabia’s ACWA Power, partly owned by the sovereign Public Investment Fund (PIF), posted a 78% year-on-year (YoY) surge in Q1 2023 net profit to …
business
SEC’s profits hit $128mln in Q1-23; dividends approved
Saudi Electricity Company(SEC) registered SAR 480 million in net profit after Zakat and tax during the first quarter (Q1) of 2023, an annual drop of …
business
Saudi Arabia’s cement exports fall 22% in April 2023 – Aljazira Capital
Cement exports from Saudi Arabia fell 22.4 percent to 790,000 tonnes in April 2023, compared to 1.02 million tonnes in April 2022, Aljazira Capital said …