Sunday 17 November 2024
 
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profit fall

Airbus profits dip 11pc despite record-breaking order intake

Global aviation major Airbus doubled its order intake value in 2023, with record-breaking orders including India's IndiGo ordering 500 Airbus A320neo family aircraft.   However, the comp

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Airbus profits dip 11pc despite record-breaking order intake

Global aviation major Airbus doubled its order intake value in 2023, with record-breaking orders including India's IndiGo ordering 500 Airbus A320neo family aircraft.   However, the comp

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Dana Gas H1 net profit drops 25pc to $83m on oil price fall

Dana Gas, the Middle East’s largest regional private sector natural gas company, has seen its first-half (H1) net profit drop 25% to AED304 million ($83 million) as compared to AED407 million in H1 2022 on falling oil prices.&nbs

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Dana Gas H1 net profit drops 25pc to $83m on oil price fall

Dana Gas, the Middle East’s largest regional private sector natural gas company, has seen its first-half (H1) net profit drop 25% to AED304 million ($83 million) as compared to AED407 million in H1 2022 on falling oil prices.&nbs

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Zain Bahrain Q1 net profit falls 8.9pc to $3.79m

Zain Bahrain, a telecommunications industry innovator in the kingdom, has seen its Q1 net profit fall 8.9% to BD1.43 million ($3.79 million) from BD1.57 million for the same period in 2022. Earnings per share for the quarter remained at 4 fils

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Saudi Tadawul Q2 net profit drops 24pc to $36.7m

The Saudi Tadawul Group Holding Co, the owner of the kingdom’s bourse, has seen its second-quarter (Q2) net profit after zakat drop 24% to SR137.7 million ($36.7 million) from SR181.1 million in Q2 2021.  

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AlDrees Petroleum Q2 net drops 26pc to $12.24m

Aldrees Petroleum and Transport Services Company, a Saudi petroleum retailing and logistics firm, has posted a second-quarter (Q2) net profit of SR46 million ($12.24 million), a 26% drop compared to the corresponding quarter last year.

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AlDrees Petroleum Q2 net drops 26pc to $12.24m

Aldrees Petroleum and Transport Services Company, a Saudi petroleum retailing and logistics firm, has posted a second-quarter (Q2) net profit of SR46 million ($12.24 million), a 26% drop compared to the corresponding quarter last year.

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AlDrees Petroleum Q2 net drops 26pc to $12.24m

Aldrees Petroleum and Transport Services Company, a Saudi petroleum retailing and logistics firm, has posted a second-quarter (Q2) net profit of SR46 million ($12.24 million), a 26% drop compared to the corresponding quarter last year.

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Najran profit drops 34pc as revenue remains under pressure

Saudi-based Najran Cement Company’s gross profit dropped by 34% y-o-y, while operating profit plunged 52.3% y-o-y on lower revenue and the resultant fall in operating leverage in the second quarter of 2022.   

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