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FINANCIAL NEWS
Saudi investment firms post 5.4 percent rise in sales
30 Mar 2014
(MENAFN) Saudi listed industrial investment firms registered a 5.4 percent growth in sales to reach USD4.950 billion in 2013 compared to USD4.69 billion in 2012, according to Arab News.
The industrial firms’ net profit boosted by 16.3 percent to reach USD829 million by the end of 2013 compared to USD714 million a year earlier.
Saudi Arabian Mining Company (Maaden) ranked first in profit-making among the firms after having increased its profits by 54.21 percent, reaching USD447 million in 2013 compared to USD290 million in 2012.
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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