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14/04/2013 13:54 AST
SAUDI INDUSTRIAL EXPORT COMPANY ANNOUNCES ITS INTERM FINANCIAL RESULTS FOR THE FIRST QUARTER ENDING AT 31/03/2013 ( THREE MONTHS ):
1- The company's net profit during the first quarter was SR 2.7 million compared to SR 444 thousands for the same quarter last year with an increase of 508.1%, And compared to SR 590 thousands for the last quarter with an increase of 357.6%.
2- The company's gross profit during the first quarter was SR 4.0 million compared to SR 1.5 million for the same quarter last year with an increase of 166.7% .
3- The company's income from operation during the first quarter was SR 2.9 million compared to SR 488 thousands for the same quarter last year with an increase of 494.3% .
4- The Earnings per share during three months was SR 0.25 compared to SR 0.04 for the same quarter last year.
5- The reasons for the increase in sales and profit during the first quarter of 2013 compared to the same quarter last year is mainly due to the increase in export to the Ethiopian Market, where export increased by 63% in addition to the increase of local sales of food products, where local sales increased by 408%.
6- The reasons for the increase in profit during the first quarter of 2013 compared to fourth quarter of last year is due to increase in export volume and increase in profit margin for exports to Ethiopian Market.
Tadawul
06/12/2017
The CMA has issued its resolution approving Saudi Industrial Export Company's request to reduce its capital from SAR (108,000,000) to SAR (10,800,000), thus reducing the number of shares from (10,800
Tadawul
17/02/2013
SAUDI INDUSTRIAL EXPORT COMPANY - SIECO ANNOUNCES ITS FINANCIAL RESULTS ENDING AT 31/12/2012
1- The company's net profit is SR 2.8 million compared to profit SR 9.3 million for la
Tadawul
13/01/2013
1- The company's net profit during the fourth quarter is SR 590 thousands compared to profit SR 142 thousands for the same quarter last year with a increase of 315.5% , and compared to profit SR 1.3
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| RIYADHCABLES | 134.90 | -1.40 (-1.03 |
| OBEIKANGLASS | 38.00 | 0.00 (0.00 |
| ASTRAINDUSTRIAL | 152.90 | 3.90 (2.61 |
| RAOOM | 62.05 | -0.75 (-1.20 |
| ALBABTAIN | 56.95 | -0.40 (-0.70 |
18/07/2025
QNB Group, announced that Banco Santander, S.A., Barclays Bank PLC, DBS Bank Ltd., Deutsche Bank AG, London Branch, Mizuho International plc, QNB Capital LLC, SMBC Bank International plc and Standard
QNA
18/07/2025
Kuwait's Jazeera Airways has launched the first phase of a Customer Experience (CX) and Feedback Intelligence Platform from LitmusWorld, following its recent upgrade of its Passenger Service Systems
Trade Arabia
17/07/2025
In a strategic move that sets a regional benchmark, Oman Cables Industry (OCI), has secured Environmental Product Declarations (EPDs) for its key cable families reinforcing its position as a regional
Times of Oman
17/07/2025
Emirates NBD has concluded AED3.9 billion ($1.06 billion) Syndicated Bonding Facilities to a consortium created by MAPA, LIMAK and CRRC that will deliver the new Dubai Metro 'Blue Line' Project.
Trade Arabia
17/07/2025
Adnoc announced on Wednesday its intention to transfer its 24.9 per cent shareholding in OMV AG to XRG, its wholly-owned international investment company.
This transfer, which is subject to
Khaleej Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia