18 Apr 2016
(MENAFN) Saudi Arabia’s National Industrialization Co. (Tasnee) recorded net loss in Q1, due to higher sales volumes and not suffering the same negative influence from fiscal contracts.
The firm made a loss of USD 25.3mn in the three months to March 31, compared to a loss of USD 88.54mn in the prior year period.
Additionally, it also has interests in petrochemicals, metals and chemicals and is one of the world’s largest producers of titanium dioxide through its Cristal subsidiary.
However, the firm’s earnings have been affected hard by falling product prices, like many petrochemical firms in the kingdom.
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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