Financial Results

Riyadh – Mubasher: Al Yamamah Steel Industries Company shifted to net losses after Zakat and tax worth SAR 41.90 million in the first quarter (Q1) of fiscal year (FY) 2022/2023, versus net profits of SAR 34.01 million in Q1-21/22. Revenues hit SAR …

Abu Dhabi – Mubasher: Ras Al Khaimah Company for White Cement and Construction Materials (RAK White Cement) recorded net profits of AED 21.08 million in 2022, down from AED 32.87 million a year earlier. The UAE-based firm witnessed an annual …

Abu Dhabi – Mubasher: National Corporation for Tourism and Hotels (NCTH) registered AED 60.46 million net profits in 2022, lower by 48.82% year-on-year (YoY) than AED 118.14 million. The ADX-listed company generated revenues worth AED 712.67 …

Riyadh – Mubasher: The net profits of Bank Albilad amounted to SAR 2.08 billion in 2022, higher by 23.43% year-on-year (YoY) than SAR 1.68 billion. Earnings per share (EPS) increased to SAR 2.09 last year from SAR 1.69 in 2021, according to the …

Abu Dhabi - Mubasher: National Marine Dredging Company (NMDC) witnessed net profits attributable to shareholders worth AED 1.30 billion in 2022, higher by 30% year-on-year (YoY) than AED 1 billion. Revenues from contracts with customers reached …

Abu Dhabi – Mubasher: National Bank of Umm Al Qaiwain (NBQ) logged net profits worth AED 364.51 million in 2022, an annual leap of 38% from AED 264.16 million. The total revenues hiked to AED 599.02 million last year from AED 442.48 million in …

Abu Dhabi – Mubasher: The net profits attributable to the equityholders of Borouge plummeted to $1.39 billion in 2022 from $1.51 billion in 2021. The company generated revenues worth $6.72 billion during January-December 2022, up 8.30% …

Riyadh – Mubasher: Alinma Bank generated SAR 3.59 billion net profits in 2022, higher by 32.84% than SAR 2.70 billion a year earlier. Meanwhile, the earnings per share (EPS) rose to SAR 1.73 last year from SAR 1.31 in 2021, according to the …

Riyadh – Mubasher: Bank Aljazira posted a 10.24% year-on-year (YoY) rise in net profit to SAR 1.10 billion in 2022 from SAR 1 billion, according to the income statements. Earnings per share (EPS) stood at SAR 1.26 last year, higher than SAR 1.18 …

Dubai – Mubasher: The net profits of Commercial Bank of Dubai (CBD) hiked by 25.80% year-on-year (YoY) to AED 1.82 billion in 2022 from AED 1.45 billion. The total operating income stood at AED 3.81 billion in the January-December 2022 period, …

Riyadh – Mubasher: The net profits after Zakat and tax of Saudi Industrial Investment Group (SIIG) plummeted by 75.62% year-on-year (YoY) to SAR 277 million in 2022 from SAR 1.13 billion. The earnings per share (EPS) settled at SAR 0.41 last year, …

Dubai – Mubasher: Dubai Financial Market Company (DFM) generated AED 147.11 million net profits attributable to shareholders in 2022, higher by 41.70% than AED 103.84 million a year earlier. DFM recorded an annual growth of 19% in total revenue to …

Abu Dhabi – Mubasher: The net profits attributable to the equityholders of Agthia Group increased by 14% year-on-year (YoY) to AED 246.78 million in 2022, versus AED 216.03 million. Revenues stood at AED 4.06 billion in the 12-month period that …

Riyadh – Mubasher: The Saudi National Bank (SNB) registered a 46.67% hike in net profit to SAR 18.58 billion in 2022, compared to SAR 12.66 billion in 2021. Earnings per share (EPS) stood at SAR 4.06 in the January-December 2022 period, higher …

Abu Dhabi – Mubasher: The net profits attributable to the owners of Abu Dhabi Commercial Bank (ADCB) grew by 23% year-on-year (YoY) to AED 6.43 billion in 2022 from AED 5.24 billion. The operating income amounted to AED 14.34 billion last year, up …

Cairo – Mubasher: Egypt Aluminum posted a hike in net profit after tax to EGP 1.70 billion during the first half (H1) of fiscal year (FY) 2022/2023, compared to EGP 814.15 million in H1-21/22. Earnings per share (EPS) increased to EGP 2.40 in …

Cairo – Mubasher: Sidi Kerir Petrochemicals Company (Sidpec) achieved net profits after tax worth EGP 1.23 billion in 2022, higher by 131.40% year-on-year (YoY) than EGP 535 million. Revenues hiked by 68.64% YoY to EGP 8.65 billion in 2022 from …

Riyadh – Mubasher: The net profits after Zakat and tax of Jarir Marketing Company (Jarir Bookstores) declined by 2.23% to SAR 969.80 million in 2022, compared to SAR 991.90 million a year earlier. The Tadawul-listed firm witnessed an annual rise …

Riyadh – Mubasher: National Shipping Company of Saudi Arabia (Bahri) logged net profits after Zakat and tax worth SAR 1.04 billion in 2022, an annual leap of 440.93% from SAR 192.43 million. Revenues amounted to SAR 8.58 billion in the …

Cairo – Mubasher: The standalone net losses of Remco for Tourism Villages Construction shrank to EGP 47.14 million in the first nine months (9M) of 2022, versus EGP 388.91 million in 9M-21. The non-consolidated loss per share stood at EGP 0.19 in …

Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) achieved net profits after Zakat and tax attributable to the equityholders worth AED 3.58 billion in 2022, an annual surge of 54% from AED 2.32 billion. The basic and diluted earnings per share …

Dubai - Mubasher: The net profit attributable to the owners of Mashreq Bank reached AED 3.70 billion in 2022, an annual leap of 269.80% from AED 1 billion. Earnings per share (EPS) settled at AED 18.48 last year, versus AED 5 in the …

Cairo – Mubasher: Orascom Development Egypt (ODE) reported an annual hike of 20.70% in net sales to EGP 11.10 billion in 2022, according to the preliminary unaudited key performance indicators (KPIs). During the fourth quarter (Q4) of 2022, the …