Here are a few things you need to know as Saudi stocks start trading on Tuesday.
1) Saudi Research and Media Group (SRMG) reported a net profit after Zakat and tax of SAR 226.1 million for the first half of 2021, up 62% year-on-year (YoY).
2) Arabian Cement Co. reported a net profit after Zakat and tax of SAR 100.5 million in H1 2021, a 91% increase YoY.
3) Saudi Re for Cooperative Reinsurance Co. posted a net income of SAR 29.4 million in H1 2021.
4) Hail Cement Co. reported a net profit after Zakat and tax of SAR 41.2 million for H1 2021, a slump of 34% YoY.
5) Arab Sea Information System Co. posted a net profit of SAR 9 million for H1 2021.
6) AlAhli Takaful Co. (ATC) reported a net income of SAR 3.8 million for H1 2021, a rise of 8% YoY.
7) Allied Cooperative Insurance Group (ACIG) reported a net loss before Zakat and tax of SAR 1.8 million for H1 2021.
8) Buruj Cooperative Insurance Co. reported a net income of SAR 1.6 million for H1 2021.
9) Batic Investments and Logistics Co. reported net profit after Zakat and tax of SAR 90,700 for H1 2021.
10) Brent crude on Tuesday gained 5 cents to reach $69.56 per barrel. WTI crude also increased 7 cents to reach $67.36/bbl.
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