Here are a few things you need to know as Saudi stocks start trading on Sunday.
1) Tabuk Cement Co. reported a net loss after Zakat and tax of SAR 6.9 million for Q1 2022, against a net profit of SAR 10.1 million in the year-earlier period.
2) Al-Omran Industrial Trading Co. reported a net profit after Zakat and tax of SAR 2.3 million in Q1 2022, a fall of 20% year-on-year (YoY).
3) AYYAN Investment Co. reported a net profit of SAR 13.4 million in Q1 2022, an increase of 82% from SAR 7.4 million in the year-earlier period.
4) Baazeem Trading Co. reported a decline of 9% YoY in Q1 2022 net profit after Zakat and tax to SAR 8.9 million.
5) Sadr Logistics Co. reported a net loss after Zakat and tax of SAR 1.8 million in Q1 2022, against a net profit of SAR 601,000 a year earlier.
6) Saudi Arabian Amiantit Co. widened Q1 2022 net loss to SAR 6 million from SAR 1.4 million in a year-earlier period.
7) Zamil Industrial Investment Co. reported a net loss of SAR 51.9 million in Q1 2022, versus a net profit of SAR 5.2 million in the prior-year period.
8) Fitaihi Holding Group reported a plunge of 94% YoY in Q1 2022 net profit after Zakat and tax to SAR 7.7 million.
9) Najran Cement Co. reported a net profit after Zakat and tax of SAR 23.3 million for Q1 2022, a 61% decline YoY.
10) Brent crude rose 0.46% to reach $112.55 per barrel on Friday. WTI crude gained 0.35% to reach $110.28/bbl.
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