Financial Results

(Photo Credit: Arabianeye-Reuters)
23 April 05:41 PM Raydan profits down 16% in 2016
Riyadh – Mubasher: Raydan Co’s profits retreated 15.5% to SAR 42.45 million ($11.32 million) in 2016 from SAR 50.22 million ($13.39 million) in 2015. The company attributed the decrease in profits to lower sales and losses of exchange differences, …
Photo Credit: Arabianeye-Reuters
23 April 04:43 PM Bahrain Cinema profits surge 269% in Q1
Mubasher: The financial statements of Bahrain Cinema showed a jump in profits in the first quarter of 2017 by 268.7% year-on-year. The company said in a statement to the Bahrain Bourse on Sunday that net profits totalled BHD 1.6 million ($4.2 …
(Photo archive)
23 April 04:41 PM Saudi Cable to announce financial results in 8 weeks
Riyadh - Mubasher: Saudi Cable Company will postpone announcing its annual financial results for the year, as the financial advisor’s report is still under studying. The company expects to finalize this task within eight weeks starting from 23 …
Photo Credit: Arabianeye-Reuters
23 April 04:28 PM Alexandria Mills profits double in Q3
Cairo - Mubasher: Alexandria Flour Mills reported an increase in profits by 100% year-on-year in the third quarter of fiscal year 2016/2017, as shown by the company’s financial indicators. Profits reached EGP 22.18 million in Q3-FY16/17 compared …
(Photo archive)
23 April 04:26 PM Mobily turns to losses in Q1
Riyadh – Mubasher: Etihad Etisalat (Mobily) suffered losses of SAR 163 million in the first quarter of 2017 against profits of SAR 20 million in Q1-16. The company turned to losses mainly due to pressures on sales and stoppage of unregistered …
Photo Credit: Arabianeye-Reuters
23 April 03:46 PM Cairo profits surge 92% in Q1
Cairo - Mubasher: The consolidated financial indicators of Cairo Poultry showed a 92% year-on-year increase in profits for the first quarter of 2017, according to a bourse filing. The company said in a statement to the Egyptian Exchange (EGX) on …
Photo Credit: Arabianeye-Reuters
23 April 03:29 PM Nakilat profits down 20% in Q1-17
Doha - Mubasher: The financial statements of Qatar Gas Transport Company (Nakilat) showed a decline in profits in the first quarter this year by 20.4% year-on-year. According to the company’s statement to the Qatar Stock Exchange (QSE), profits …
(Photo Credit: Company website)
23 April 03:09 PM Nakilat discusses Q1 results 23 April
Doha – Mubasher: Qatar Gas Transport Company (Nakilat) announced that it discussed its consolidated financial statements for the first quarter of 2017 on Sunday. Net profits stood at QAR 191 million in Q1-17, compared to QAR 240 million in Q1-16, …
(Photo Credit: Press Release)
23 April 03:09 PM Al Marai revenues rise in KSA, GCC
Riyadh – Mubasher: Al Marai Company said its revenues increased in Saudi Arabia and the GCC by 4.7% and 2.1%, respectively, according to a bourse statement. The company’s revenues decreased in other countries by 33.8% year-on-year in the first …
Photo Credit: Arabianeye-Reuters
23 April 02:05 PM Alba Q1 profits jump 505%
Mubasher: Alba achieved a leap of 505.2% in profits during the first quarter of 2017, compared to the same period of 2016. The net earning entitled to the shareholders surged to BHD 25.6 million in Q1-17 ($67.42 million) from BHD 4.23 million …
(Photo Credit: Arabianeye-Reuters)
23 April 01:35 PM Egypt Free Shops posts higher profits in Q3
Cairo – Mubasher: Egypt Free Shops’ profits rose 33.8% year-on-year in the third quarter of fiscal year 2016/2017, according to the company’s standalone financial statements. Profits reached EGP 23.22 million in the three-month period ended 31 …
(Photo credit: Arabianeye - Reuters)
23 April 01:11 PM Real Estate Consortium Q1 profits up 381%
Cairo – Mubasher: Real Estate Egyptian Consortium’s profits for the first quarter of fiscal year 2017 rose 380.7% to EGP 19.9 million, compared to EGP 4.14 million for Q1-16. Revenues increased to EGP 8.5 million in Q1-17 from EGP 4.9 million in …
(Photo archive)
23 April 01:05 PM NCBC sets Fawaz Alhokair PT at SAR 37.7
Riyadh – Mubasher: NCB Capital said that Fawaz Abdulaziz Alhokair’s first-quarter results beat estimates. The company achieved profits of SAR 79.4 million, which came higher than the investment firm’s expectations of SAR 54.9 million and consensus …
Saudi Egyptian Investment and Finance’s profits reached EGP 16.32 million in 2016 (Photo Credit: Arabianeye-Reuters)
23 April 12:52 PM Saudi Egyptian Investment & Finance posts lower Q1 profits
Cairo – Mubasher: Saudi Egyptian Investment and Finance reported a 10.1% year-on-year decrease in its profits during the first quarter of 2017, according to a bourse statement. Profits reached EGP 4.52 million in the three-month period ended 31 …
(Photo Credit: Company website)
23 April 12:24 PM Abu Qir Fertilizers posts higher profits in Q3
Cairo – Mubasher: Abu Qir Fertilizers posted a 152.7% year-on-year rise in its profits during the third quarter of fiscal year 2016/2017, according to a bourse statement. Profits reached EGP 680 million in the three-month period ended 31 March …
(Photo Credit: Company website)
23 April 11:36 AM Maridive turns profitable in FY16
Cairo – Mubasher: Maridive and Oil Services on Sunday posted a consolidated net profit of $21.07 million for fiscal year 2016, against a consolidated net loss of $23.43 million for FY15. Standalone net profits increased in FY16 by 43.4% to $11.14 …
Photo Credit: Arabianeye-Reuters
23 April 10:42 AM National Hotels Q1 profits fall 36%
Mubasher: National Hotels posted a decline of 36% in profits to nearly BHD 720,436 ($1.9 million) during the first quarter of 2017, compared to BHD 1.123 million ($3 million) in the same period of 2016. The gross operating profit shrank by 36% to …
(Photo Credit: Company's account on Instagram)
23 April 10:24 AM Ooredoo Oman profits drop 44% in Q1
Mubasher: The unaudited financial statements of Ooredoo Company showed a decline of 44.4% in profits for the first quarter of 2017. The profits stood at OMR 7 million ($18 million) in Q1-17, compared to OMR 12.6 million ($32.6 million) in Q1-16, …
(Photo Credit: Company website)
23 April 09:38 AM Sharqiyah Desalination turns to losses in Q1
Mubasher: Sharqiyah Desalination turned to losses of OMR 208,510 ($539,700) in the first quarter of 2017, against profits of OMR 93,430 ($241,800) in the same period of 2016. Revenues rose 22.6% reaching OMR 2.93 million in Q1-17, compared to OMR …
(Photo Credit: Arabianeye-Reuters)
23 April 09:31 AM Al Hokair posts Q4 profits of SAR 79m
Riyadh – Mubasher: Fawaz Abdulaziz Al Hokair on Sunday announced achieving profits worth SAR 79.35 million ($21.13 million) in the fourth quarter ended 31 March 2017, 96% higher than the previous quarter, and up from SAR 3.17 million ($844,150 …
Almarai generated net profits of SAR 2.08 billion in 2016 (Photo Credit: Company Website)
23 April 09:06 AM Almarai posts higher Q1 profits on lower expenses
Riyadh – Mubasher: Almarai Company reported a 13.7% year-on-year rise in its profits during the first quarter of 2017, according to a bourse statement. Profits reached SAR 328.3 million ($87.42 million) in Q1-17, compared to SAR 288.7 million …
(Photo Credit: Arabianeye-Reuters)
23 April 08:41 AM Gulf Stone Q1 profits drop 61%
Mubasher: Gulf Stone Company on Sunday reported a decline of 61.3% in profits for the first quarter of 2017, compared to the same period in 2016. Profits stood at OMR 41,730 ($108,010) in Q1-17, compared to OMR 107,680 ($278,710) in Q1-16, …
(Photo Credit: Arabianeye-Reuters)
21 April 02:05 PM General Electric swings to profits in Q1
Mubasher: General Electric turned profitable in the first quarter ended 31 March 2017, according to a statement. The company generated net profits of $619 million in the three-month period of 2017, against losses of $61 million in the same period …
(Photo Archive)
21 April 11:17 AM Sony preliminary profits beat expectations
Mubasher: Sony reported higher-than-expected preliminary profits in the fiscal year ended March 2017, according to a statement. The Tokyo-based company posted preliminary operating profits of 285 billion yen ($2.6 billion) for the fiscal year …
(Photo Credit: Arabianeye-Reuters)
20 April 03:35 PM Samba posts SAR 1.2bn profits in Q1
Riyadh – Mubasher: Samba Financial Group reported SAR 1.23 billion in profits ($328 million) for the first quarter of 2017, compared to SAR 1.26 billion ($336 million) in the year-ago period, with a 2.3% decrease. The company attributed the fall …