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Financial Results

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45 minutes ago EG Bank’s consolidated profits near EGP 846m in 2022; dividends proposed
Cairo – Mubasher: Egyptian Gulf Bank (EG Bank) logged consolidated net profits after tax worth EGP 845.83 million in 2022, up from EGP 695.33 million in 2021, including minority shareholders’ rights.  Earnings per share (EPS) stood at EGP 1.65 …
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2 hours ago Spinalex posts 152% higher profits in H1-22/23
Cairo – Mubasher: Alexandria Spinning and Weaving Company (Spinalex) witnessed a 152% hike in net profit after tax to EGP 13.55 million during the first half (H1) of fiscal year (FY) 2022/2023, versus EGP 5.37 million in H1-21/22. Revenues stood …
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11:45 AM Al Yamamah Steel turns to SAR 42m losses in Q1-22/23 initial 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 …
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11:06 AM RAK White Cement’s profits fall in 2022 initial financials
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 …
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10:23 AM NCTH’s profits shrink 49% in 2022 initial results
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 …
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09:44 AM Bank Albilad’s profits exceed SAR 2bn in 2022
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 …
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2 February 02:03 PM NMDC’s profits to owners jump 30% in 2022
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 …
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2 February 12:03 PM NBQ’s profits soar 38% in 2022 initial results; dividends announced
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 …
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2 February 11:25 AM Borouge records $1.39bn profits to owners in 2022; dividends for H2-22 unveiled
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% …
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2 February 10:10 AM Alinma Bank registers 33% jump in 2022 net profits
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 …
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2 February 09:46 AM Bank Aljazira records higher profits at SAR 1.1bn in 2022
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 …
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1 February 05:24 PM CBD sees 26% higher profits at AED 1.82bn in 2022
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, …
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1 February 12:25 PM SIIG posts lower profits in 2022 interim financials, turns to losses in Q4
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, …
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1 February 12:15 PM DFM's profits to equityholders jump 42% in 2022; dividends proposed
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 …
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1 February 10:32 AM Agthia logs 14% higher profits to shareholders in 2022 unaudited results
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 …
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1 February 10:09 AM SNB’s profits leap to SAR 18.5bn in 2022
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 …
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31 January 05:24 PM ADCB’s 2022 profits to shareholders hit AED 6.43bn; dividends proposed
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 …
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31 January 04:18 PM Egypt Aluminum’s profits leap to EGP 1.7bn in H1-22/23
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 …
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31 January 02:14 PM Sidpec’s profits hit EGP 1.23bn in 2022 unaudited results
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 …
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31 January 10:23 AM Jarir’s estimated profits slide 2% in 2022
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 …
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31 January 09:52 AM Bahri’s profits soar 441% in 2022 initial results
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 …
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30 January 05:40 PM Remco posts lower standalone losses at EGP 47m in 9M-22
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 …
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30 January 04:58 PM ADIB’s profits to owners hike 54% in 2022; dividends proposed
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 …
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30 January 02:16 PM Mashreq Bank sees 270% higher profits to shareholders in 2022
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 …
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30 January 01:22 PM Orascom Development Egypt witnesses highest sales in 2022 unaudited results
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 …