Here are a few things you need to know as Saudi stocks start trading on Sunday.
1) Alahli Takaful Co. reported net profit before Zakat of SAR 6.8 million for the first half of 2020, a decline of 3% year-on-year (YoY).
2) Saudi Printing and Packaging Co. narrowed net loss after Zakat and tax by 63.4% YoY to SAR 13.4 million for H1 2020.
3) United International Transportation Co. Ltd. (Budget Saudi) will pay 5% cash dividend (SAR 0.5 per share) to shareholders for H1 2020 on August 20, 2020, through Banque Saudi Fransi.
4) Tourism Enterprise Co. (Shams) incurred a net loss after Zakat and tax of SAR 4.7 million for H1 2020.
5) Fawaz Abdulaziz Alhokair Co.’s shareholders approved the election of new board members for the three-year term starting Aug. 12, 2020, and ending on Aug. 11, 2023.
6) Rajhi REIT Fund reported net losses of SAR 17.7 million (SAR 0.11/unit) for H1 2020.
7) Brent crude on Friday declined 16 cents to reach $44.80 per barrel. WTI Crude also decreased 23 cents to reach $42.01/bbl.
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