Saudi: Walaa Cooperative Insurance’s losses shrink in 9M-22; accumulated losses announced
The net losses before Zakat of Walaa Cooperative Insurance Company reached SAR 43.84 million in the first nine months (9M) of 2022, down 5.59% from SAR 46.43 million in 9M-21. The loss per share settled at SAR 0.80 in the January-September 2022 period, compared to SAR 0.89 in 9M-21, according to the interim […]
Aldawaa Medical Services logs nearly $57.6mln profits in 9M-22
Aldawaa Medical Services Company generated net profits after Zakat and tax worth SAR 215.93 million in the first nine months (9M) of 2022, an increase of 26.97% from SAR 170.07 million in 9M-21. The firm registered revenues worth SAR 3.91 billion in the January-September 2022 period, up 4.76% year-on-year (YoY) from SAR […]
Astra Industrial’s profits exceed $103.6mln in 9M-22 interim financial
Astra Industrial Group’s net profits after Zakat and tax amounted to SAR 388.65 million in the first nine months (9M) of 2022, higher by 158.10% than SAR 150.57 million in 9M-21. Revenues jumped by 7.21% year-on-year (YoY) to SAR 1.86 billion in the January-September 2022 period, versus SAR 1.73 billion, according to the […]
Saudi’s Zain KSA posts 41% rise in Q3 net profit
Saudi-listed Mobile Telecommunication Company Saudi Arabia (Zain KSA) saw its net profit jump by more than 40% in the third quarter of the year on the back of higher visitor traffic and revenue from B2B and 5G operations. Net profit for the quarter reached SAR85 million ($22.6 million), up by 41.67% from a year ago. […]