Page 25 - Services Co News Today : Breaking News, Live Updates & Top Stories | Vimarsana

RIYADH: Aldrees Petroleum and Transport Services Co. is likely to beat its results from last year in the second quarter of 2022, as its market share reached 7 percent, CEO Abdulelah Bin Saad Al-Drees told Argaam. The expectation comes as Aldrees’ net profit for the first quarter reached SR62.4 million ($16.64 million), up 58.4 percent from the same period a year ago, according

RIYADH: Aldrees Petroleum and Transport Services Co.'s net profit has reached SR62.4 million ($16.64 million) in the first quarter of 2022, up 15.34 percent, compared to the previous quarter. Profit also increased by 58.4 percent from a year ago, according to a filing. The company's total shareholder equity in Q1, 2022 stands at SR945 million, while in the first quarter of

RIYADH: Saudi stocks ended the previous trading week higher, outperforming fellow Middle Eastern bourses despite a drop in oil prices. In Thursday’s session, the main index TASI was up 0.6 percent to close at 13,621 points and the parallel market Nomu edged 0.4 percent higher to 24,418. Elsewhere, Egypt’s index EGX30 extended losses by 1.5 percent after UAE’s First Abu Dhabi

RIYADH: Al-Dawaa Medical Services Co.’s shares tumbled 1.2 percent in early Wednesday trading after the pharma chain operator posted lower annual profits. Shares of the firm, which reported its first annual earnings since going public two weeks ago, reached SR74 ($20) as of 10:55 a.m. Saudi time. Earlier in the day, Al-Dawaa announced a decline in profit from SR246 million to

RIYADH: Saudi main index TASI saw its third day of gains this week on Tuesday, despite a drop in oil prices on the back of peace talks between Russia and Ukraine. TASI finished 0.28 percent higher, reaching a 16-year record high of 13,101 points, while the parallel market, Nomu, shed 0.43 percent to 25,026. Shares in Al Masane Al Kobra Mining Co. soared 30 percent to SR81.9