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Real Estate Mgmt & Dev't
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Here are a few things you need to know as Saudi stocks start trading on Monday.
1) Dar Al-Arkan Real Estate Development Co. reported a net profit after Zakat and tax of SAR 28.5 million for the first quarter of 2021.
2) Kingdom Holding Co. (KHC) swung to a net profit after Zakat and tax of SAR 91.1 million for Q1 2021.
3) Saudi Real Estate Co. (Al Akaria) widened net losses after Zakat and tax to SAR 4.6 million for Q1 2021.
4) Alkhaleej Training and Education Co. incurred a net loss after Zakat and tax of SAR 7.6 million for Q1 2021.
5) Al Gassim Investment Holding Co. (GACO) reported a net loss after Zakat and tax of SAR 25,00 for Q1 2021.
6) Al-Baha Investment and Development Co. reported net loss after Zakat and tax of SAR 952,000 for Q1 2021.
7) Wafrah for Industry and Development Co. turned to a net loss after Zakat and tax of SAR 198,588 in Q1 2021.
8) National Gas and Industrialization Co. (GASCO) reported a net profit after Zakat and tax of SAR 85.2 million in Q1 2021.
9) Al-Babtain Power and Telecommunication Co. posted a net profit after Zakat and tax of SAR 15.5 million in Q1 2021, a rise of 9% year-on-year (YoY).
10) Brent crude on Monday gained 61 cents to reach $67.05 per barrel. WTI crude also increased 57 cents to reach $64.15/bbl.
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