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19/01/2014 20:44 AST
Net profit of Taiba Holding Company (TIRECO) during the 4th Q 2013 amounted to SAR 64.5 million versus SAR 42.4 million for the same quarter of last year with an increase of 52.12 %, compared to SAR 62.9 million for the previous quarter with increase of 2.54 %.
Gross profit during the 4th Q of 2013 added up to SAR 65.9 million versus SAR 59 million for the same quarter of last year, an increase of 11.69 percent.
Operating profit increased 15.32 % to SAR 55.7 million during 4thQuarter of 2013 versus SAR 48.3 million for the same quarter of last year.
While, net profit during 2013 showed a decrease of 35.04 percent with SAR 264 million versus SAR 406.4 million for the last year 2012.
EPS of TIRECO during 2013 recorded as SAR 1.76 per share versus 2.71 SAR/Share for the same period last year 2012.
The total gross profit during 2013 is recorded as SAR 246.6 million versus SAR 287.2 million for the last year 2012, showing decrease of 14.14%.
The total operating profit of TIRECO during 2013 amounted to SAR 208.5 million versus SAR 227.9 million for the last year 2012, decreasing 8.51 %.
The reason for increase in net profit for quarter compared with same quarter last year is due to the Increase in operating revenues and investment income.
The reason for decrease in Yearly net profits is due to capital gains in 2012 from the compansation of Hotel Aramas Al-Madina which is owned by Arac co. and sale of plots of Aliat Taiba plan owned by Al-Aqeeq co.
Gulfbase.com
15/06/2015
MILLENNIUM & Copthorne Hotels, Middle East and Africa, has signed four new hotels in Saudi Arabia with Taiba Holding Company.
The signing is part of the group's strategic expansion plan, w
Saudi Gazette
13/04/2015
Taiba Holding Co recorded SAR 202.3 million in net earnings during the first quarter of 2015, soaring 240% form SAR 59.5 million in Q1-14 but falling 27.3% from SAR 278.3 million in Q4-14.
Mubashar
19/06/2013
The Board of Directors of Taiba Holding Co. has recommended the distribution of dividend to the shareholders for the period second quarter 2013 as following:
1.Total amount of distribution
Tadawul
| Ticker | Price | Change |
|---|---|---|
| JABALOMAR | 26.20 | 0.35 (1.35 |
| DARALARKAN | 18.20 | 0.68 (3.88 |
| EMAAREC | 16.98 | 0.12 (0.71 |
| MCDC | 110.00 | -0.20 (-0.19 |
| CENOMICENTERS | 21.10 | -0.06 (-0.29 |
21/02/2025
Abu Dhabi's Adnoc raised about Dh10.4 billion ($2.84 billion) from the sale of 3.1 billion shares in Adnoc Gas on "exceptional" demand from Gulf and international institutional investors.
Th
The National
20/02/2025
Saudi Tadawul Group said it's targeting more mergers and acquisitions as it looks to further develop the local capital market and draw in foreign investors.
The owner of the Saudi stock excha
Bloomberg
20/02/2025
In a grand display of community spirit and dedication to sustainability, LuLu Saudi Hypermarket hosted the highly anticipated LuLu Walkathon on Saturday, February 15, 2025, to commemorate Saudi Found
Saudi Gazette
19/02/2025
Commercial Bank has participated in the 'Tawteen' initiative, a nationalisation programme led by the Ministry of Labour (MoL) aimed at empowering Qatari nationals in line with Qatar National Vision 2
Gulf Times
18/02/2025
The Saudi Dairy and Food Products Company participated in the 12th Career Forum at King Abdulaziz University. The event took place from Feb. 2 to 6, under the patronage of Prince Saud bin Mishal bin
Arab News
Financial Information Co.
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