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Luberef results ahead of expectations: Al RajhiSaudi Aramco Base Oil Company-Luberef, whose net income declined by 34% y-o-y as crack margins remained under pressure and which more than offset the increase in revenue of 4% y-o-y, was still ahead of expectations, Al Rajhi Capital Research s More… |
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Luberef results ahead of expectations: Al RajhiSaudi Aramco Base Oil Company-Luberef, whose net income declined by 34% y-o-y as crack margins remained under pressure and which more than offset the increase in revenue of 4% y-o-y, was still ahead of expectations, Al Rajhi Capital Research s More… |
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Riyadh Cables posts 7% jump in revenueRiyadh Cables, which posted another stellar quarterly performance with revenue up 7% and gross profit up 14%, has been upgraded by Al Rajhi Capital Research from neutral to overweight with take-profit (TP) price of SR115 ($30.7) per share.&nbs More… |
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Riyadh Cables posts 7% jump in revenueRiyadh Cables, which posted another stellar quarterly performance with revenue up 7% and gross profit up 14%, has been upgraded by Al Rajhi Capital Research from neutral to overweight with take-profit (TP) price of SR115 ($30.7) per share.&nbs More… |
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Saudi inflation falls to 1.6pc in MarchInflation in Saudi Arabia decreased to 1.6% in March 2024 compared to the previous month, reports the kingdom’s General Authority for Statistics (GASTAT). The decline was mainly driven by Food & More… |
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Saudi inflation falls to 1.6pc in MarchInflation in Saudi Arabia decreased to 1.6% in March 2024 compared to the previous month, reports the kingdom’s General Authority for Statistics (GASTAT). The decline was mainly driven by Food & More… |
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Opportunities abound for small, mid-cap scrips on TadawulSmall and mid-cap shares would see pocket of opportunities in the Saudi bourse and the Tadawul All Share Index (TASI) could gain 6% from the current base and attain a level of 12,647, says Al Rajhi Capital Research. More… |
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‘Pocket of opportunities’ for small, mid-caps on TadawulSmall and mid-cap shares would see pocket of opportunities in the Saudi bourse and the Tadawul All Share Index (TASI) could gain 6% from the current base and attain a level of 12,647, says Al Rajhi Capital Research. More… |
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Mobily beats estimates, Q3 net profit soars to $140mMobily, the second-largest communications company in Saudi Arabia, has posted a third-quarter (Q3) net profit of SR524 million ($140 million) and a 12.8% net margin, according to Al Rajhi Capital Research. &ldq More… |
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Mobily beats estimates, Q3 net profit soars to $140mMobily, the second-largest communications company in Saudi Arabia, has posted a third-quarter (Q3) net profit of SR524 million ($140 million) and a 12.8% net margin, according to Al Rajhi Capital Research. &ldq More… |
