Tadawul lifts trading halt on Makkah Construction

01/01/2023 Argaam

Tadawul lifts trading halt on Makkah Construction

Logo of Makkah Construction and Development Co.

The Saudi Exchange (Tadawul) lifted the trading suspension placed on shares of Makkah Construction and Development Co. starting today, Jan. 1. 

 

The decision came after Makkah Construction announced, on Dec. 29, its preliminary financial statements for the period ended Dec. 30, 2022.  

 

The company posted a rise in its net profit to SAR 58 million for the quarter ended Sept. 30, 2022 (three months and 17 days), compared to SAR 12 million a year earlier. 

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