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Here are a few things you need to know as Saudi stocks start trading on Monday.
1) Saudi Arabian Mining Co. (Maaden) swung to a net profit after Zakat and tax of SAR 761.2 million in the first quarter of 2021.
2) Bank Aljazira posted a net profit of SAR 321.6 million in Q1 2021, a rise of 77% year-on-year (YoY).
3) Dr. Sulaiman Al Habib Medical Group (HMG) posted a net profit after Zakat and tax of SAR 319 million in Q1 2021, a rise of 29.3% YoY.
4) Lazurde Company for Jewelry swung to a net profit after Zakat and tax of SAR 10.2 million in Q1 2021.
5) Al Moammar Information Systems Co. (MIS) reported a net profit after Zakat and tax of SAR 16 million in Q1 2021, a decline of 5% YoY.
6) Bupa Arabia for Cooperative Insurance Co.’s board of directors recommended a 34% cash dividend, at SAR 3.40 per share, for 2020, amounting to SAR 408 million.
7) Zahrat Al Waha for Trading Co. reported a net profit after Zakat and tax of SAR 20.3 million in Q1 2021, a rise of 57% YoY.
8) Saudi Arabian Amiantit Co. narrowed its net loss after Zakat and tax to SAR 1.4 million for Q1 2021.
9) Filling and Packing Materials Manufacturing Co. (FIPCO) turned to a net loss after Zakat and tax of SAR 1.5 million for Q1 2021.
10) Brent crude on Monday declined 30 cents to reach $65.81 per barrel. WTI crude also decreased 19 cents to reach $61.95/bbl.
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