Tadawul trading screen
Here are a few things you need to know as Saudi stocks start trading on Tuesday.
1) Qassim Cement Co. reported a net profit after Zakat and tax of SAR 261.4 million for the first nine months of 2021, a 15% decline year-on-year (YoY).
2) Dur Hospitality Co. widened its net loss after Zakat and tax to SAR 8.1 million for 9M 2021.
3) Kingdom Holding Co. (KHC) swung to a net profit after Zakat and tax of SAR 612 million for 9M 2021.
4) Dar Al Arkan Real Estate Development Co.’s net profit after Zakat and tax soared to SAR 76.1 million for 9M 2021.
5) Dallah Healthcare Co. reported a net profit after Zakat and tax of SAR 191.4 million for 9M 2021.
6) Allianz Saudi Fransi Cooperative Insurance Co. turned to a net income of SAR 240,000 in 9M 2021.
7) Ataa Educational Co.’s shareholders approved the board’s recommendation on paying a cash dividend at 10% of capital, or SAR 1 a share, for the fiscal year that ended on July 31, 2021.
8) Allied Cooperative Insurance Group (ACIG) turned to a net loss of SAR 33.6 million for 9M 2021.
9) Aljazira Takaful Taawuni Co. (AlJazira Takaful) reported a net income of SAR 20 million for 9M 2021, down 42% YoY.
10) Brent crude on Tuesday declined 20 cents to reach $83.23 per barrel. WTI crude also decreased 10 cents to reach $81.83/bbl.
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