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- Saudi riyal symbol: strategic step toward global financial standing
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13/01/2013 07:38 AST
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 million for the last quarter with a decrease of 54.6% .
2- The company's gross profit during the fourth quarter is SR 2.3 million compared to profit SR 1.3 million for the same quarter last year with an increase of 76.9%.
3- The company's operating profit for the fourth quarter is SR 1.2 million compared to loss SR 184 thousands for the same quarter last year.
4- The company's net profit during the twelve months is SR 2.8 million compared to profit SR 9.3 million for the same period last year with a decrease of 69.9%.
5- The earnings per share during twelve months is SR 0.26 compared to earning SR 0.86 for the same period last year.
6- The company's gross profit during the twelve months is SR 6.9 million compared to SR 13.5 million profits for the same period last year with a decrease of 48.9%.
7- The company's operating profit during twelve months is SR 2.6 million compared to profit SR 8.8 million for the same period last year with a decrease of 70.5%.
8- The reason for the increase in Sales and Profit during fourth quarter compared to same quarter last year is due to increase in sale and export to Ethiopians market with new products.
9-The decrease in sales and profit during the period and compared to the same period last year is due to decrease in export volume of the raw material for fertilizer manufacturing to China market, in addition to fallen profit margin due to high supply and low demand, despite the export of new products to Ethiopians market and the increase of food distribution in local market.
10-The decrease in profit during the fourth quarter compared to previous quarter is due to decrease in profit margin due to high competition by Chinese and Indian products, also reduction in non operational income (other income) has contributed significantly in the decrease of profit.
11-Fourth Quarter result has been compared to last year audited result.
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
14/04/2013
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 wa
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
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| RIYADHCABLES | 127.80 | -0.20 (-0.16 |
| OBEIKANGLASS | 53.10 | 1.00 (1.91 |
| ASTRAINDUSTRIAL | 171.80 | 2.80 (1.65 |
| RAOOM | 169.80 | 3.20 (1.92 |
| BAWAN | 49.40 | -2.50 (-4.82 |
10/03/2025
Doha Bank introduced a suite of exclusive offers for NRIs on their Visa Platinum Debit Card, delivering exceptional value across travel, lifestyle, dining, and retail. These carefully curated benefit
The Peninsula
10/03/2025
Saudi Awwal Bank has been awarded the Sustainability Program of the Year 2024 at the Capital Markets Forum (CMF), organized by the Saudi Stock Exchange Group (Tadawul).
This achievement make
Saudi Gazette
10/03/2025
Saudi Aramco has lowered its crude oil prices for Asian buyers in April, marking the first reduction in three months. This price cut aligns with market expectations and follows the decision by OPEC+
Arab News
09/03/2025
United Development Company (UDC), the master developer of The Pearl and Gewan Islands, has continued its global track record of accomplishments by securing three new Guinness World Records. This rema
The Peninsula
07/03/2025
Talabat Kuwait has denied rumors of a security breach, assuring customers and partners that all personal and payment information remains fully secure.
In an official statement, Bader Al-Ghan
Trade Arabia
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