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Financial Results

Revenues slipped to SAR 586.83 million over Q3-20.
22 October 04:24 PM SASCO records 34% higher profit in Q3
Riyadh – Mubasher: Saudi Automotive Services Company (SASCO) recorded SAR 17.45 million worth of profits in the third quarter (Q3) of 2020, up by 33.9% when compared to SAR 13.03 million in the same period in 2019. The growth in profits was …
The lender’s earnings hit SAR 382.6 million in Q3-20.
22 October 04:08 PM Bank Albilad reports 17% profit hike in Q3
Riyadh – Mubasher: Bank Albilad posted a 17.1% annual increase in profits over the third quarter (Q3) of 2020, thanks to higher total operating income by 9%. The lender’s earnings hit SAR 382.6 million in Q3-20, compared with SAR 326.6 million in …
Revenue registered SAR 227.651 million in the July-September period.
22 October 03:46 PM Budget Saudi’s profit slides 10% in Q3
Riyadh – Mubasher: United International Transportation Company (Budget Saudi) gained SAR 40.450 million in net profits during the third quarter (Q3) ending 30 September 2020,10.6% less than the year-ago period. The slump in net profit is …
The bank's total assets reached AED 52.3 billion
22 October 03:33 PM RAKBANK sees lower earnings in 9M
Abu Dhabi – Mubasher: The National Bank of Ras Al Khaimah (RAKBANK) has reported AED 436.04 million net profits attributable to the owners during the January-September period of 2020, down from AED 839.13 million in the same period of 2019. Lower …
Sales retreated to EGP 5.719 billion in the January-September period
22 October 12:05 PM Juhayna's profit grows 32% in 9M
Cairo – Mubasher: The net profits of Juhayna Food Industries surged by 31.87% year-on-year (YoY) to EGP 383.74 million in the first nine months of 2020, compared to EGP 291 million, including minority shareholders’ rights. The company’s sales …
The company’s revenues reached SAR 9.637 million in Q3-20.
22 October 11:05 AM Alasmak’s losses narrow to SAR 6.2m in Q3
Riyadh – Mubasher: The net losses of Saudi Fisheries Company (Alasmak) plunged by 39.1% annually in the third quarter (Q3) of 2020 to stand at SAR 6.2 million. The drop in losses was driven by a yearly growth of 56% in sales and an improvement in …
The firm’s revenues and gross profit margin improved in Q3-20.
22 October 10:19 AM Saudi Ceramic profits down 6% in Q3
Riyadh – Mubasher: Saudi Ceramic Company’s net earnings dropped by 5.9% yearly during the third quarter (Q3) of 2020, hitting SAR 32.461 million from SAR 34.494 million in the year-ago quarter. Revenues totalled SAR 373.1 million in the …
Revenues for Q3-20 reached SAR 234.8 million.
22 October 10:04 AM MIS logs 56% higher profits in Q3
Riyadh – Mubasher: The net profits of Al Moammar Information Systems (MIS) Company grew by 56.4% year-on-year (YoY) in the third quarter (Q3) of 2020, reaching SAR 22.5 million. The growth in profits was boosted by a rise in revenue and gross …
The company's revenues amounted to AED 8.34bn in 9M
22 October 09:48 AM du's profits increase to AED 1.39bn in 9M
Dubai – Mubasher: The net profits of Emirates Integrated Telecommunications Company (du) rose to AED 1.39 billion during the first nine months of 2020, compared to AED 1.29 billion in the corresponding period of 2019. The company's revenues …
The company gained profits of SAR 26.73 million in the first nine months of 2020.
22 October 09:17 AM Zahrat Al Waha profit halves in Q3
Riyadh – Mubasher: Zahrat Al Waha for Trading Company’s net profits for the third quarter (Q3) of 2020 plunged by 51.9% yearly to stand at SAR 7.2 million. The decline in profits is owed to lower sales by 31% due to a 14% drop in demand volume as …
The company has generated revenues of AED 38.64bn
21 October 04:44 PM Etisalat reports 4% higher profits in 9M
Abu Dhabi – Mubasher: The net profits attributable to the owners of Emirates Telecommunication Group (Etisalat) rose by 3.7% to AED 6.98 billion during the first nine months of 2020 from AED 6.73 billion in the same period of 2019. The company has …
The company’s profits reached SAR 222 million in Q3-20.
21 October 04:38 PM Mobily profits skyrocket 335% in Q3
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) reported a 335.3% leap in net profits during the third quarter (Q3) of 2020. The company’s profits reached SAR 222 million in Q3-20, compared with SAR 51 million in Q3-19, according to a bourse …
Revenues amounted to SAR 14.9 billion in Q3-20.
21 October 04:18 PM stc profits up 0.7% in Q3; dividends approved
Riyadh – Mubasher: Saudi Telecom Company (stc) achieved SAR 2.8 billion in net profits over the third quarter (Q3) of 2020, up by 0.7% on a year-on-year (YoY) basis. The rise in interim profits was helped by growth of 13.26% in gross profit, as a …
Sales slumped to EGP 1.08 billion in the year ended 30 June
21 October 01:53 PM Hadisolb's loss down 35% in FY19/20 modified results
Cairo – Mubasher: The modified unaudited financial results of the Egyptian Iron and Steel (Hadisolb) showed net losses of EGP 982.83 million during fiscal year 2019/2020, down by 35% year-on-year (YoY) from EGP 1.52 billion. Sales slumped to EGP …
Revenues surged to EGP 126.77 million in the July-September period
21 October 11:40 AM Misr Chemical Industries Q1-20/21 profit jumps 370% in initial results
Cairo – Mubasher: Misr Chemical Industries achieved net profits of EGP 41.88 million during the first quarter (Q1) of fiscal year 2020/2021, up by 370% year-on-year (YoY) from EGP  8.916 million, the unaudited financial results showed. The …
The turn to loss was driven by a slump in the average selling prices of products.
20 October 04:17 PM Saudi Kayan moves to SAR 28m loss in Q3
Riyadh – Mubasher: Saudi Kayan Petrochemical Company turned to a net loss of SAR 28.16 million in the third quarter (Q3) of the year, against net profits of SAR 1.26 million in the corresponding period a year earlier. The move to losses was driven …
The company's profits slid to SAR 397.53 million in Q3-20.
20 October 04:01 PM SAFCO logs 4% lower earnings in Q3
Riyadh – Mubasher: The Saudi Arabian Fertilizer Company (SAFCO) reported a 4% annual decline in net profits over the third quarter (Q3) of 2020. The profits slid to SAR 397.53 million in Q3-20, compared to SAR 414.21 million in Q3-19, due to a …
Lower net profits are attributed to an AED 101 million increase in provisions
20 October 01:49 PM Sharjah Islamic Bank sees 15% lower profits in 9M
Abu Dhabi – Mubasher: Sharjah Islamic Bank (SIB) recorded AED 353.38 million net profits attributable to the shareholders during the first nine months of 2020, down 14.9% from AED 415.41 million in the corresponding period of 2019. Lower net …
Revenues increased to EGP 1.516 billion
20 October 01:24 PM Misr Oils and Soap turns profitable in FY19/20
Cairo – Mubasher: The modified financial results of Misr Oils and Soap showed a turn to net profits of EGP 16.77 million in fiscal year 2019/2020, versus net losses of EGP 15.59 million a year earlier. Revenues increased to EGP 1.516 billion in …
OIH reported net profits of EGP 1.714 million in six months
20 October 12:52 PM OIH reveals proforma financial results of demerged, demerging companies
Cairo – Mubasher: Orascom Investment Holding  (OIH) announced the proforma financial statements of the demerged and demerging companies for 2018 and 2019. The equity rights and liabilities of the demerging company reached EGP 2.18 billion at the …
Sales retreated to EGP 1.08 billion in the year ended 30 June
20 October 11:36 AM Arab Cotton Ginning turns to loss in FY19/20 initial consolidated results
Cairo – Mubasher: Arab Cotton Ginning turned to net losses of EGP 188.39 million during fiscal year 2019/2020, against net profits of EGP 1.66 million a year earlier, the unaudited consolidated financial results showed.   The company’s sales …
20 October 10:26 AM Emirates Islamic logs AED 311m net losses in 9M
Dubai – Mubasher: Emirates Islamic Bank witnessed net losses of AED 311.24 million in the first nine months of 2020, against net profits of AED 937.18 million in the year-ago period. The bank has incurred losses in the first nine months of 2020 …
20 October 09:53 AM Emirates NBD reports 55% lower profits in 9M
Dubai – Mubasher: The net profits attributable to the equity holders of Emirates NBD declined by 55% to AED 5.64 billion in the first nine months of 2020, compared to AED 12.48 billion in the same period of 2019. Lower net profits are attributed …
The firm's profits totalled SAR 249.5 million in the January-September period of 2020.
20 October 09:45 AM Yamama Cement profit soars 42% in Q3
Riyadh – Mubasher: The net earnings of Yamama Cement Company stood at SAR 77.7 million in the third quarter (Q3) of 2020, a surge of 42% when compared to SAR 54.7 million in the same quarter in 2019. The leap in the interim profits was supported …
Revenues for Q2-20 amounted to SAR 535.4 million.
20 October 09:32 AM SADAFCO posts 8% higher profits in Q2
Riyadh – Mubasher: Saudia Dairy and Foodstuff Company’s (SADAFCO) net profits rose by 7.9% yearly in the second quarter (Q2) of 2020 to reach SAR 70.3 million from SAR 65.1 million in the year-ago quarter. The growth in Q2-20 earnings was driven …