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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 | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALASEEL | 4.17 | -0.08 (-1.89 |
| SIDC | 29.00 | -0.40 (-1.37 |
| FITAIHIGROUP | 3.95 | -0.11 (-2.71 |
| ARTEX | 13.60 | 0.22 (1.64 |
| LAZURDE | 12.74 | -0.28 (-2.16 |
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Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
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Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
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Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
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Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia