Wednesday 27 July 2016
 
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Q2

Sabic extends earnings slump as Q2 net profit falls 23.2pc

Saudi Basic Industries Corp (Sabic), one of the world's largest petrochemicals groups, reported a 23.2 per cent drop in second-quarter net profit on Wednesday, extending an earnings slump as lower sales prices continued to weigh.

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Sipchem Q2 net profit slumps 76.4pc

Saudi International Petrochemical Co (Sipchem) reported a 76.4 per cent slump in second-quarter net profit on Wednesday, as lower sales prices for its products weighed on its earnings for a fifth straight quarter. Sipchem made a p

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Sipchem Q2 net profit slumps 76.4pc

Saudi International Petrochemical Co (Sipchem) reported a 76.4 per cent slump in second-quarter net profit on Wednesday, as lower sales prices for its products weighed on its earnings for a fifth straight quarter. Sipchem made a p

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Al Tayyar Travel Group Q2 net profit falls 24.2pc

Saudi Arabia's Al Tayyar Travel Group posted a 24.2 per cent fall in second-quarter net profit on Wednesday. The company made a net profit of SR300 million ($80 million) in the three months to June 30, down from SR396 million

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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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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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Ooredoo Kuwait continues earnings slump

Mobile operator Ooredoo Kuwait reported a 28 per cent fall in second-quarter net profit on Monday, continuing its earnings slump as revenue fell. The subsidiary of Qatar's Ooredoo competes domestically with Zain and Saudi Tele

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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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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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