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25/02/2013 09:07 AST
Knowledge Economic City Company - KEC announces its consolidated annual financial results for the period ended 31/12/2012:
1.Net loss amounted to SAR 26 million, compared to SAR 154.7 million for the previous year, an 83.1% decrease.
2.Loss per share amounted to SAR 0.07, compared to SAR 0.45 for the previous year.
3.Gross profit amounted to SAR 28.2 million, compared to SAR 34.8 million for the previous year, an 18.9% decrease.
4.Operating loss amounted to SAR 23 million, compared to SAR 30.4 million for the previous year, a 24.3% decrease.
5.Decrease in the companys loss during the period compared to the corresponding period of the previous year is due to the write off of pre-operating expenses amounting to SAR 128.6 million during the previous year, noting that the latter was a long financial year, as per the companys Articles of Association, starting on July 27, 2010 (the date of the Ministerial Resolution) and ending on December 31, 2011.
Tadawul
06/01/2014
Knowledge Economic City Company announces the appointment of Engineer Ibrahim Ahmed bin Mohammed Al Balushi as Chief Executive Officer for the company effective 05/04/1435H corresponding to 05/02/201
Tadawul
21/04/2013
Knowledge Economic City Company - KEC announces its consolidated interim financial results for the period ended 31/03/2013:
1.Net loss during the first quarter amounted to SAR 8.1 million,
Tadawul
20/01/2013
Knowledge Economic City Company (KEC) announces its consolidated interim financial results for the period ended 31/12/2012:
1.Net loss during the fourth quarter amounted to SAR 27 million,
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| MASAR | 23.44 | -0.68 (-2.82 |
| JABALOMAR | 17.98 | -0.32 (-1.75 |
| DARALARKAN | 16.12 | 0.33 (2.08 |
| EMAAREC | 12.77 | -0.19 (-1.47 |
| MCDC | 75.45 | -0.05 (-0.07 |
26/09/2025
Zain Bahrain, a leading telecommunications and technology industry innovator in the kingdom, has officially launched its flagship startup accelerator programme, Zain Great Idea (ZGI), in Bahrain.
Trade Arabia
26/09/2025
Bahri, a global leader in logistics and transportation, has signed its first contract of affreightment (COA) with Luberef through its business unit, Bahri Chemicals, thus marking the beginning of a s
Trade Arabia
26/09/2025
stc group, a leading digital enabler, has teamed up with Huawei Technologies Co., Ltd. to deliver the first-ever Service-Driven Intelligent Optimization Platform in the Central Region of Saudi Arabia
Saudi Gazette
26/09/2025
Adnoc's international gas subsidiary, XRG P.J.S.C., has completed the acquisition of an 11.7% equity stake in Phase 1 of the Rio Grande LNG project in Brownsville, Texas.
The deal, first ann
Gulfnews
25/09/2025
Mekdam Holding Group has bagged a contract from Qatar Fertiliser Company (QAFCO) to execute a strategic contract valued at QR203.9mn.
The contract covers the supply of Tier-1 manpower to sup
Gulf Times
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