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Al Ramz records profits surpassing $7.6mln in 9M-22

      The net profits of Al Ramz Corporation Investment and Development increased to AED 28.64 million in the first nine months (9M) of 2022, compared to AED 27.57 million in 9M-21. The basic and diluted earnings per share (EPS) stood at AED 0.052 in the January-September 2022 period, unchanged from 9M-22, according to […]

Takween shifts to nearly $12.26mln losses in 9M-22; accumulated losses unveiled

    Takween Advanced Industries Company swung to net losses after Zakat and tax worth SAR 45.85 million in the first nine months (9M) of 2022, compared to profits valued at SAR 50.36 million in 9M-21. Revenues jumped by 28.39% year-on-year (YoY) to SAR 809.89 million in the January-September 2022 period, compared to SAR 630.81 […]

Al Arabia’s profits jump to $51.6mln in 9M-22 initial results

    Arabian Contracting Services Company (Al Arabia) generated SAR 193.57 million net profit after Zakat and tax during the first nine months (9M) of 2022, higher by 42.70% than SAR 135.65 million in 9M-21. The revenues enlarged by 63.55% to SAR 808.75 million in the January-September 2022 period, compared to SAR 494.50 million in […]

BinDawood logs nearly $16mln profits in 9M-22, turns to losses in Q3

    BinDawood Holding Company generated SAR 59.78 million in net profit after Zakat and tax during the first nine months (9M) of 2022, an annual drop of 73.70% from SAR 227.34 million. Revenues grew by 7.63% year-on-year (YoY) to SAR 3.57 billion in the January-September 2022 period, compared to SAR 3.32 billion, according to […]