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17/02/2013 08:45 AST
SAUDI INDUSTRIAL EXPORT COMPANY - SIECO ANNOUNCES ITS FINANCIAL RESULTS ENDING AT 31/12/2012
1- The company's net profit is SR 2.8 million compared to profit SR 9.3 million for last year with a decrease of 69.9% .
2- The earnings per share is SR 0.26 compared to earning SR 0.86 For the last year .
3- The company's gross profit is SR 6.9 million compared to SR 13.5 million profit for the last year with a decrease of 48.9% .
4- The company's operating profit is SR 2.6 million compared to profit SR 8.8 million for the last year with a decrease of 70.5% .
5- The decrease in sales and profit during 2012 is due to decrease in export volume of the raw material for fertilizer manufacturing to China market , In addition to fallen profit margin due to high supply and low demand, despite the export of new products to Ethiopians market and increase of food distribution in local market .
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The CMA has issued its resolution approving Saudi Industrial Export Company's request to reduce its capital from SAR (108,000,000) to SAR (10,800,000), thus reducing the number of shares from (10,800
Tadawul
14/04/2013
SAUDI INDUSTRIAL EXPORT COMPANY ANNOUNCES ITS INTERM FINANCIAL RESULTS FOR THE FIRST QUARTER ENDING AT 31/03/2013 ( THREE MONTHS ):
1- The company's net profit during the first quarter wa
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13/01/2013
1- The company's net profit during the fourth quarter is SR 590 thousands compared to profit SR 142 thousands for the same quarter last year with a increase of 315.5% , and compared to profit SR 1.3
Tadawul
Ticker | Price | Change |
---|---|---|
RIYADHCABLES | 103.00 | 1.60 (1.57 |
OBEIKANGLASS | 47.20 | 0.75 (1.61 |
ASTRAINDUSTRIAL | 175.80 | 4.80 (2.80 |
RAOOM | 137.40 | -2.20 (-1.58 |
EIC | 7.54 | 0.00 (0.00 |
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