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Financial Results

Revenues soared to SAR 436.3 million in Q1
09:52 AM Saudi German Hospital’s profits up 45% in Q1
Riyadh – Mubasher: Middle East Healthcare Company (Saudi German Hospital) has registered net profits after tax and zakat worth SAR 21.18 million over the first quarter (Q1) of 2020, 45.2% more than SAR 14.59 million in the same period in 2019. …
The company's revenues recorded AED 592.8 million in Q1
09:40 AM RAK Ceramics sees 11% lower profits at AED 26m in Q1-20
Abu Dhabi – Mubasher: The net profits attributable to the owners of Ras Al Khaimah Ceramics (RAK Ceramics) declined by 11.4% to AED 25.96 million during the first quarter (Q1) of 2020 from AED 29.01 million in the same period of 2019. The …
Revenues sank to EGP 165.9 million
2 June 10:58 AM Kima turns profitable in 9M-19/20
Cairo – Mubasher: The Egyptian Chemical Industries (Kima) turned profitable during the first nine months of fiscal year 2019/2020, the unaudited financial results showed. Kima achieved net profits of EGP 42.915 million from July 2019 until the end …
Sales levelled up to EGP 744.8 million
1 June 10:56 AM Domty's Q1 profit rises 11%
Cairo – Mubasher: Arabian Food Industries Co (Domty) reported an 11.45% year-on-year (YoY) rise in its consolidated profits during the first quarter of 2020. The company achieved net profits of EGP 32.1 million in the January-March period, …
Net losses amounted to SAR 510,141 in the first quarter of 2020
31 May 04:08 PM Ash-Sharqiyah Development narrows losses in Q1-20
Riyadh – Mubasher: Ash-Sharqiyah Development Company posted a 30% decline in quarterly losses for the three-month period ended 31 March 2020. Net losses amounted to SAR 510,141 for the first quarter (Q1) of the year, compared to SAR 729,288 for …
The steel manufacturer incurred net losses of EGP 783.847 million
31 May 03:23 PM Hadisolb’s losses widen 47.5% in 9M initial results
Cairo – Mubasher: The Egyptian Iron and Steel (Hadisolb) reported a 47.5% year-on-year rise in its net losses during the first nine months of fiscal year 2019/2020, initial results showed. The steel manufacturer incurred net losses of EGP 783.847 …
Majed bin Abdullah Al Eissa has been appointed as CEO
31 May 01:05 PM Saudi Ceramic appoints new CEO
Riyadh – Mubasher: Saudi Ceramic Company announced that its board of directors has approved the resignation of Abdulkareem bin Ibrahim Al Nafea as a managing director while retaining his role of chairman and member of the executive committee. The …
The company’s OGM also greenlighted the resignation of its current board of directors
31 May 12:26 PM Heliopolis Housing approves estimated budget for FY20/21
Cairo – Mubasher: The ordinary general meeting (OGM) of Heliopolis Company for Housing and Development approved the estimated budget for fiscal year 2020/2021. The company’s OGM also greenlighted the resignation of its current board of directors …
The company’s revenues retreated to EGP 5.808 billion
31 May 12:02 PM Abu Qir Fertilizers reports 18% profit slide in 9M-19/20
Cairo – Mubasher: The unaudited financial results of Abu Qir Fertilizers posted an 18% year-on-year (YoY) profit drop during the first nine months of fiscal year 2019/2020. The company achieved net profits of EGP 2.135 billion from July 2019 to …
The company’s net profits inched up to EGP 14.53 million
31 May 11:28 AM Nozha International Hospital’s indicators show slight profit rise in Q1-20
Cairo – Mubasher: The unaudited financial results of Nozha International Hospital showed a slight increase in its net profits during the first quarter of 2020. The company’s net profits inched up to EGP 14.53 million in the January-March period, …
Revenues fell to $224.99 million
31 May 10:50 AM Arafa's annual financials see 5-fold profit growth
Cairo – Mubasher: Arafa for Investment and Consultancies reported a 392% year-on-year (YoY) leap in its consolidated profit during the year ended on 31 January 2020. The company’s net profits surged to $15.2 million during the 12-month period from …
Sales increased to SAR 1.2 billion in Q1-20
31 May 09:56 AM eXtra’s profits up 2.5% in Q1-20
Riyadh – Mubasher: United Electronics Company (eXtra) reported SAR 34.68 million in net profits during the first quarter (Q1) ended on 31 March 2020, 2.5% more than SAR 33.8 million in the corresponding period in 2019. Sales grew by 16.5% …
Revenues declined by 30.4% in Q1-20
31 May 09:38 AM Saudi Amiantit’s losses soar 225% in Q1-20
Riyadh – Mubasher: The net losses of Saudi Arabian Amiantit Company widened by 225.2% year-on-year (YoY) in the first quarter (Q1) ended on 31 March 2020, reaching SAR 131.3 million from SAR 40.37 million in Q1-19. Revenues declined by 30.4% YoY …
The profits fell by 8% during the fourth quarter of last year
31 May 09:17 AM KIPCO’s earnings up 6% in 2019; dividends proposed
Mubasher: Kuwait Projects Holding (KIPCO) has achieved net profits worth KWD 30.01 million in the fiscal year (FY) 2019, up by 6% from KWD 28.28 million in the previous year. During the fourth quarter (Q4) of last year, the profits went down by …
Net operating losses increased to KWD 830,040
27 May 04:47 PM Abyaar's losses halve in 2019
Mubasher: Abyaar Real Estate Development reported a 50% year-on-year (YoY) drop in its net losses during 2019. The company suffered net losses of KWD 15.78 million ($51.2 million) last year, down from KWD 31.67 million ($102.7 million) in 2018, …
Selling and distribution expenses dropped to AED 49.1 million
27 May 04:20 PM Julphar’s loss down 30% in Q1-20; accumulated losses at AED 566m
Abu Dhabi – Mubasher: Gulf Pharmaceutical Industries (Julphar) incurred AED 62.5 million in net losses attributable to shareholders during the first quarter of 2020, down from AED 89.1 million in the year-ago period. Net sales fell to AED 114.6 …
The DFM-listed firm’s accumulated losses amounted to AED 363.2 million
27 May 11:45 AM Salama's profit down to AED 13.6m in Q1-20
Dubai – Mubasher: Islamic Arab Insurance Company (Salama) reported AED 13.65 million in net profits attributable to shareholders in the first quarter of 2020, down by 8.7% from AED 14.96 million in the year-ago period. Gross written contributions …
Losses amounted to AED 106 million during the first quarter
25 May 06:01 PM DAMAC turns to losses in Q1-20
Dubai – Mubasher: DAMAC Properties has reported losses of AED 106 million during the first quarter (Q1) of 2020, against a profit of AED 31.1 million for the same period of 2019. The value of the company’s assets fell to AED 23.3 billion, while …
Sales retreated to EGP 789.1 million
21 May 03:16 PM Delta Sugar turns to losses in Q1-20 initial results
Cairo – Mubasher: Delta Sugar turned to losses during the first quarter of 2020, according to financial indicators. The company suffered net losses of EGP 118.78 million in the first three months of 2020, against net profits of EGP 70.49 million …
The company also plans to achieve direct premiums of EGP 566.5 million
21 May 02:43 PM Mohandes Insurance targets EGP 11.2.5m profit in FY20/21
Cairo – Mubasher: Mohandes Insurance announced that its board of directors approved the company’s estimated budget scheme for fiscal year 2020/2021. The insurer aims to register net profits of EGP 112.5 million in the coming fiscal year, according …
The company’s net profits levelled down to EGP 93.78 million
21 May 01:55 PM Sarwa Capital’s profit drops 27% in Q1-20
Cairo – Mubasher: The consolidated financial statements of Sarwa Capital Holding for Financial Investments reported a 26.6% year-on-year profit decline during the first quarter of 2020. The company’s net profits levelled down to EGP 93.78 million …
The company’s net profits fell to EGP 13.41 million
21 May 01:39 PM Arab Cotton Ginning’s standalone profit down 56% in 9M
Cairo – Mubasher: The standalone financial statements of Arab Cotton Ginning reported a 55.9% year-on-year profit drop during the first nine months of fiscal year 2019/2002. The company’s net profits fell to EGP 13.41 million in the nine-month …
Total assets of the bank stood at EGP 64.2 billion in Q1-20
21 May 01:38 PM NBK Egypt’s profits down to EGP 403m in Q1-20
Cairo - Mubasher: The net profit of National Bank of Kuwait – Egypt (NBK Egypt) amounted to EGP 402.76 million (KWD 7.9 million) in the first quarter (Q1) of 2020, compared to EGP 509.9 million (KWD 8.9 million) in the same period in 2019. Total …
The company's revenues increased by 8%
21 May 12:58 PM Abu Dhabi Aviation records AED 54m net profits in Q1-20
Abu Dhabi – Mubasher: Abu Dhabi Aviation Company reported net profits of AED 54.266 million during the first quarter (Q1) of 2020, down 10% from AED 60.282 million in the year-ago period. The company's revenues increased by 8% to AED 166.94 …
TMG Holding’s revenues rose to EGP 2.29 billion
21 May 12:37 PM Talaat Moustafa Group's indicators show EGP 375m profit in Q1-20
Cairo – Mubasher: The unaudited consolidated financial results of Talaat Moustafa Group Holding (TMG Holding) showed a 4% year-on-year profit growth during the first quarter of 2020. The company achieved net profits of EGP 375.33 million during …