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25/02/2013 09:02 AST
Jazan Development Company announces the audited financial results for the year ended 31/12/2012:
1) Net loss of SR 18,332,592 compared to SR 69,045,248 for the last year with a decrease of 73%.
2) Per share loss of SR 0.37 versus SR 1.38 last year.
3) Gross loss of SR 17,338,110 compared to a gross loss of 16,100,349 in the last year with an increase of 8%.
4) Operational loss of 32,985,478 compared to operating loss of SR 29,158,603 with an increase of 13%.
5) The reason for the decrease in the net loss in the year 2012 compared to same period of 2011 is due to the net loss from investments and other income of SR 39,086,645 in 2011 compared to a net profit from investments and other income of SR 15,052,886 in 2012.
6) The reason for the increase of gross and operating losses in 2012 compared to last year is due to the reduction in shrimp sales resulting from the slowdown of shrimp production in 2012.
7) Some figures of the year 2011 were adjusted for accurate comparison with 2012 figures.
Tadawul
21/10/2014
azan Development Company (Jazadco), a leading Saudi Arabian company specialising in agricultural activity, said it has won approval from the company's board, to invest SR20 million ($5.3 million) in
Trade Arabia
30/05/2013
Jazan Development Company (JAZADCO) announces the sale of two pieces of land at Makkah on 19/7/1434H corresponding to 29/5/2013 of a total area of 34,253.38 Sqm to a Real State Investor . The total l
Tadawul
16/04/2013
Jazan Development Company announces the interim financial results for the period ending 31/3/2012:
1) Net profit of SR 21,870,793 for the 1st Q2013 compared to net loss of SR 4,047,464 for
Tadawul
| Ticker | Price | Volume |
|---|---|---|
| ALDREES | 141.40 | 522,113 |
| MAADANIYAH | 18.00 | 151,342 |
| SIPCHEM | 23.20 | 725,926 |
| NEFTALSHARQ | 4.20 | 52,662 |
| SAUDIKAYAN | 6.74 | 2,338,843 |
| ASG | 0.00 | 0 |
| FIPCO | 45.05 | 42,576 |
| Ticker | Price | Change |
|---|---|---|
| FADECO | 70.00 | -1.50 (-2.10 |
| ALMARAI | 58.10 | 0.10 (0.17 |
| SAVOLAGROUP | 39.60 | 0.25 (0.63 |
| BALADY | 350.40 | -9.60 (-2.67 |
| SADAFCO | 330.00 | -0.80 (-0.25 |
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
05/04/2018
Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia