Monday 25 July 2016
 
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Net Profit

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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Saudi NCB's net profit up 3.2pc in Q2

Saudi Arabia's National Commercial Bank (NCB), the kingdom's listed largest lender, reported a 3.2 per cent rise in second-quarter net profit on Sunday, at the low end of analysts' forecasts. The bank made a net profit

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QNB Group net profit up 12pc in H1

Doha-based QNB Group, a leading bank in the Middle East and Africa (MEA) region, has announced a net profit of QR6.2 billion ($1.70 billion) for the first half of 2016, up 12 per cent compared to the previous year. The total asset

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QNB Group net profit up 12pc in H1

Doha-based QNB Group, a leading bank in the Middle East and Africa (MEA) region, has announced a net profit of QR6.2 billion ($1.70 billion) for the first half of 2016, up 12 per cent compared to the previous year. The total asset

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QNB Q2 net profit rises 13.4pc

Qatar National Bank (QNB), the Gulf's largest lender, reported on Tuesday a 13.4 per cent increase in second-quarter net profit, according to Reuters calculations, broadly in line with analysts' forecasts. The bank reporte

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Qatar Airways net profit jumps 328pc

Qatar Airways Group, the parent company of the Doha-based airline, reported a 328 per cent jump in net profits at its airline operations on Monday. The carrier, owned by the government of Qatar, posted a net profit of QR1.6 billio

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Egypt's GB Auto reports 70pc fall in Q1 net profit

Ghabbour Auto's first-quarter net profit fell 70 per cent, the Egyptian auto distributor said in a bourse statement on Wednesday. The country's distributor of tuk-tuks and motorbikes made by India's Bajaj Auto has been

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