Here are a few things you need to know as Saudi stocks start trading on Sunday.
1) National Industrialization Co. (Tasnee) trimmed net loss after Zakat and tax by 75.4% year-on-year (YoY) to SAR 265.3 million for the first half of 2020.
2) Saudi Enaya Cooperative Insurance Co. narrowed net loss before Zakat by 73.4% YoY to SAR 12 million for the six months of 2020.
3) Saudi Aramco Total Refining and Petrochemical Co. (SATORP) widened net loss after Zakat and tax to SAR 989.7 million for H1 2020.
4) Saudi Research and Marketing Group (SRMG) reported a net profit after Zakat of SAR 140 million for H1 2020, a 15% year-on-year (YoY) decline.
5) Emaar The Economic City (Emaar EC) widened net loss after Zakat and tax by more than four-fold YoY to SAR 486 million for the first half of 2020.
6) Saudi Arabian Amiantit Co.’s net loss after Zakat and tax narrowed by 36.3% to SAR 188.6 million in H1 2020.
7) The National Shipping Company of Saudi Arabia’s (Bahri) subsidiary, National Chemical Carriers Co, signed a SAR 1.54 billion contract with Hyundai MIPO Dockyard Co. for building 10 chemical tankers.
8) Lazurde Company for Jewelry reported a net loss after Zakat and tax of SAR 67.8 million for H1 2020.
9) Alandalus Property Co. reported an 83.7% plunge in net profit after Zakat and tax to SAR 5.8 million for H1 2020, from SAR 35.4 million a year earlier.
10) Al-Jouf Agricultural Development Co. reported an over twofold increase in net profit after Zakat and tax to SAR 18.4 million for H1 2020.
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