Latest Breaking News On - சவுதி அரேபியன் சுரங்க - Page 1 : comparemela.com
Maaden links profits to surge in commodity prices
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
Saudi Maaden shifts to profitability in the second quarter, year-on-year
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
JEDDAH: Companies listed on the Saudi stock exchange (Tadawul) reported a 44 percent year-on-year increase in aggregate net profit during the first quarter (Q1) of 2021, after declining for eight quarters, according to a report by financial data platform Argaam.
The listed firm reported total net profit was SR107.88 billion ($28.77 billion) compared to SR74.86 billion achieved during the same period in 2020.
One of the key reasons behind the increase was the accelerated return to normal life after partial or complete lockdown as part of measures implemented during the coronavirus disease (COVID-19) pandemic, economist and financial analyst Talat Zaki Hafiz explained to Arab News.
vimarsana © 2020. All Rights Reserved.