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18/02/2013 08:19 AST
Al Sorayai Trading And Industrial Group Co (Al-Sorayai Group) announces the annual financial results for the period ending 31-12-2012:
1. Net profit amounted to SAR 52.6 million as compared to SAR 35 million for last year with an increase of about 50%.
2. Earnings per share (EPS) amounted to SAR 1.75 as compared to SAR 1.17 for last year.
3. Gross profit amounted to SAR 256.3 million as compared to SAR 222 million for the last year with an increase of 15%.
4. Operating profit amounted to SAR 62.5 million as compared to SAR 47 million for last year with an increase of 33%.
5. Increase in Net Profit of this year compared to last year is due to the following:
a) The increased sales and improved margins.
b) The other income increased which was due to revenue from letting closed showrooms.
Tadawul
14/01/2018
Al Sorayai Trading and Industrial Group is announcing that the Board Member Eng. Mohammed Ahmed Khalawi Mowkley (Independent Member) resigned from the membership of Board of Directors and Audit Commi
Tadawul
12/12/2017
The CMA has issued its resolution approving Al Sorayai Trading and Industrial Group Company's request to reduce its capital from SAR (375,000,000) to SAR (225,000,000), thus reducing the number of sh
Tadawul
25/06/2015
Al Sorayai Group (ASG), one of the world's leading industrial and trading groups in carpet, flooring and furniture, announced that it has completed refurnishing Jeddah's oldest mosque, Al Shafi'i,
Saudi Gazette
| Ticker | Price | Change |
|---|---|---|
| ARTEX | 15.60 | -0.18 (-1.15 |
| FITAIHIGROUP | 4.51 | -0.04 (-0.88 |
| SIDC | 31.40 | 0.10 (0.31 |
| LAZURDE | 14.16 | 0.26 (1.87 |
| ALFAKHERA | 0.00 | 0.00 (0.00 |
06/02/2025
Saudi utility giant ACWA Power has signed two agreements with Aramco to accelerate the deployment of renewable energy projects and evaluate the performance of vanadium flow batteries in the Kingdom's
Arab News
05/02/2025
Al Rajhi Bank, a pioneer in innovative banking solutions in Saudi Arabia, has announced a strategic partnership with RATL Technology, the owner of Muhide fintech platform, to digitally empower and fi
Saudi Gazette
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia