Wednesday 27 July 2016
 
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Net Profit

Saudi Arabia's Tasnee swings to Q2 net profit

Saudi Arabia's National Industrialization Co (Tasnee) on Tuesday said it swung to a net profit in the second quarter, beating analysts' forecasts and ending a run of five straight losses. Tasnee made a net profit of SR103.

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Saudi Arabia's Tasnee swings to Q2 net profit

Saudi Arabia's National Industrialization Co (Tasnee) on Tuesday said it swung to a net profit in the second quarter, beating analysts' forecasts and ending a run of five straight losses. Tasnee made a net profit of SR103.

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Aamal Company posts $83.8m net profit

Qatar-based Aamal Company, a leading diversified company in the GCC, has posted a net profit of QR305.5 million ($83.8 million) for the first half of 2016, said a report. The company’s net profit registered an increase of 23

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Saudi Cement Q2 net profit slips 2pc

Saudi Cement met analysts' estimates as it reported a 2 per cent decline in second-quarter net profit on Monday due to a drop in sales and rising power costs. One of the kingdom's largest cement firms by market value, it m

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Qurain Petrochemical announces $16.5m net profit

Kuwait-based Qurain Petrochemical Industries Company (QPIC) has announced a net profit of KD4.98 million ($16.5 million) for the first quarter of the financial year 2016/2017. This year’s results compares favourably to a net

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Qurain Petrochemical announces $16.5m net profit

Kuwait-based Qurain Petrochemical Industries Company (QPIC) has announced a net profit of KD4.98 million ($16.5 million) for the first quarter of the financial year 2016/2017. This year’s results compares favourably to a net

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Saudi Kayan swings to Q2 net profit on lower feedstock costs

Saudi Kayan Petrochemical Company swung to a net profit in the second quarter on Thursday, ending a run of five straight quarterly losses, benefiting from low feedstock costs. The company, an affiliate of Saudi Basic Industries Co

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Saudi Kayan swings to Q2 net profit on lower feedstock costs

Saudi Kayan Petrochemical Company swung to a net profit in the second quarter on Thursday, ending a run of five straight quarterly losses, benefiting from low feedstock costs. The company, an affiliate of Saudi Basic Industries Co

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Al Khalij posts 6pc profit growth in H1

Al Khalij Commercial Bank (al khaliji) has reported a net profit of QR320.3 million ($87.8 million) for the first six months (H1) of 2016, marking an increase of 6 per cent over its financial results for the same period of last year.

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BBK’s net profit surges 6.5pc in H1

BBK has reported a net profit of BD31.3 million ($82.4 million) for the first half of this year, a growth of 6.5 per cent when compared with BD29.4 million posted during the same period last year, reported the Gulf Daily News, our siste

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