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13/04/2015 19:39 AST
Taiba Holding Co recorded SAR 202.3 million in net earnings during the first quarter of 2015, soaring 240% form SAR 59.5 million in Q1-14 but falling 27.3% from SAR 278.3 million in Q4-14.
The y-o-y profit growth was due to the capital gains arising from sale of Bakah Arak hotel and the compensation received for some plots acquired for expansion of the Holy Prophet Mosque area, as well as the dividend income from investments and reduction in general and administration expenses, the company said.
It ascribed the q-o-q profit decline to the capital gains arising from the compensation received by subsidiary Al-Aqeeq for various land plots acquired for the expansion of Holy Prophet Mosque area during the last quarter.
Mubashar
15/06/2015
MILLENNIUM & Copthorne Hotels, Middle East and Africa, has signed four new hotels in Saudi Arabia with Taiba Holding Company.
The signing is part of the group's strategic expansion plan, w
Saudi Gazette
19/01/2014
Net profit of Taiba Holding Company (TIRECO) during the 4th Q 2013 amounted to SAR 64.5 million versus SAR 42.4 million for the same quarter of last year with an increase of 52.12 %, compared to SAR
Gulfbase.com
19/06/2013
The Board of Directors of Taiba Holding Co. has recommended the distribution of dividend to the shareholders for the period second quarter 2013 as following:
1.Total amount of distribution
Tadawul
| Ticker | Price | Change |
|---|---|---|
| JABALOMAR | 23.00 | -0.18 (-0.78 |
| MCDC | 120.20 | 1.40 (1.17 |
| DARALARKAN | 14.98 | 0.02 (0.13 |
| EMAAREC | 8.88 | -0.08 (-0.90 |
| CENOMICENTERS | 20.24 | 0.00 (0.00 |
13/01/2025
Aldar Properties, Abu Dhabi's biggest listed developer, has raised Dh9 billion ($2.45 billion) in a sustainability-linked revolving credit facility from a syndicate of 15 UAE-based and international
The National
12/01/2025
Ooredoo announced on Sunday the appointment of Sheikh Nasser bin Hamad al-Thani as the new chairman of Ooredoo Kuwait.
Most recently, Sheikh Nasser was appointed as Group Regional CEO for th
11/01/2025
One of the fastest-growing logistics businesses in Mena region, GWC has marked "20 years of excellence and innovation", achieved significant milestones and won prestigious awards, solidifying its pos
Gulf Times
11/01/2025
Almarai, the world's largest vertically integrated dairy company and the world's fourth most valuable dairy brand in 2024, has successfully implemented RISE with SAP on Google Cloud. This milestone m
Saudi Gazette
05/01/2025
Elm, a pioneer in digital solutions, enhanced its brand identity, reflecting the company's ambitious and prominent objective. Leveraging comprehensive knowledge, a forward-thinking mindset, and a pro
Financial Information Co.