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Here are a few things you need to know as Saudi stocks start trading on Tuesday.
1) Allianz Saudi Fransi Cooperative Insurance Co. turned to a net loss before Zakat of SAR 14.9 million in the first nine months of 2020.
2) Abdullah Al Othaim Markets Co.'s net profit after Zakat and tax rose 41% year-on-year (YoY) to SAR 285.5 million for 9M 2020.
3) Saudi Research and Marketing Group (SRMG) reported a net profit after Zakat of SAR 216.5 million for 9M 2020, an 8% YoY decline.
4) Al Hammadi Co. for Development and Investment reported a net profit after Zakat and tax of SAR 100.6 million for 9M 2020, a 54% YoY increase.
5) Etihad Atheeb Telecommunication Co. (GO) narrowed its net loss after Zakat and tax to SAR 24.3 million in the six-month period ended Sept. 30, 2020
6) Saudi Aramco Total Refining and Petrochemical Co. (SATORP) widened net loss after Zakat and tax to SAR 1.79 billion (SAR 2.17 per share) for 9M 2020.
7) Batic Investments and Logistics Co. reported a net loss after Zakat and tax of SAR 1.2 million for 9M 2020.
8) Al-Babtain Power and Telecommunication Co. reported net profit after Zakat and tax of SAR 52.1 million for 9M 2020, a decline of 15% YoY.
9) Al Kathiri Holding Co. reported a net profit after Zakat and tax of SAR 5 million for 9M 2020, down 58%YoY.
10) Brent crude on Tuesday declined 49 cents to reach $41.91 per barrel. WTI crude also decreased 60 cents to reach $39.69/bbl.
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