24 Oct 2012
(MENAFN) Saudi developer Red Sea Housing Services Company reported a 98.23 percent increase in quarterly profits, Arab News reported.
The company said it earned USD6.7 million net profit in the third quarter, up from USD3.4 million a year earlier.
Quarterly gross profit for the third quarter rose by 158.13 percent to USD16.6 million from last year’s same period, the company said.
Quarterly operating income increased 130.48 percent to USD7.65 million from USD3.32 million a year earlier.
As for the nine months to September, the company reported a 31.93 percent increase in profits to USD23.34 million from USD17.7 million a year ago.
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BBK discloses its financial results for the first quarter ended 31st March 2025
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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