Here are a few things you need to know as Saudi stocks start trading on Monday.
1) Nama Chemicals Co. reported net profit after Zakat and tax of SAR 10 million for Q1 2021, versus net losses of SAR 7.33 million in the year-earlier period
2) Dallah Healthcare Co. reported a net profit after Zakat and tax of SAR 54.6 million for Q1 2021, a sharp rise from a profit of SAR 19.2 million in the same period last year.
3) Alujain Holding Corp. reported a net profit after Zakat and tax of SAR 60.3 million for Q1 2021, from a net loss of SAR 46.4 million for the same period last year.
4) Najran Cement Co. reported a net profit after Zakat and tax of SAR 60.7 million for Q1 2021, a rise of 51% from SAR 40.1 million in the year-ago period.
5) Alandalus Property Co.’s board of directors recommended increasing the company’s capital by 33.33% to SAR 933.33 million from SAR 700 million.
6) Amana Cooperative Insurance Co. signed a binding merger agreement with Saudi Enaya Cooperative Insurance Co., under which Saudi Enaya will be merged into Amana.
7) BATIC Investment and Logistics Co. signed an agreement with Smart Parking Holding Co. for the acquisition of a 35.8% stake in Smart Cities Solutions Company for Telecom and Information Technology.
8) Dr. Sulaiman Al Habib Medical Services Group’s (HMG) board of directors approved establishing a new hospital in Al-Kharj through its fully owned subsidiary, Sehat Al-Kharj for Healthcare Co.
9) Qassim Cement Co.’s board of directors recommended 11% cash dividend, at SAR 1.1 per share, for Q1 2021.
10) Brent crude was trading down 0.31 cents at $66.45 per barrel. WTI crude also fell 0.29 cents to $63.29/bbl.
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