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FINANCIAL NEWS
Bahri KSA net profit grows in Q4
18 Jan 2016
(MENAFN) National Shipping Firm of Saudi Arabia (Bahri) claimed a huge rise in Q4 net income, stating grow in revenue after the end of its merger with Vela Marine Global and grow in its fleet size.
Moreover, Saudi Aramco, the exclusive oil-shipper claimed a net profit for the three months to Dec.31 of USD 151.2mn, up from USD 32.8mn in the same period of 2015.
The Company proposed more than doubles its yearly cash dividend, paying out USD 0.6mn per share a year earlier.
In addition, the shipper recently had a fleet of 75 vessels, of which 33 were huge crude carriers (VLCCs) and 26 were chemical tankers.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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