Saturday 23 July 2016
 
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profit

GWC posts 15pc increase in H1 net profit

GWC, a leading leading logistics provider in Qatar, has reported a steady net profit growth of 15 per cent in the first half of 2016. The company achieved a net profit of QR101.3 million ($27.79 million) in H1 compared to QR87.7 m

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Arab National Bank Q2 profit slips 2.1pc

Arab National Bank, Saudi Arabia's seventh-largest lender by assets, reported a 2.1 percent fall in second-quarter net profit on Thursday, broadly in line with analysts' estimates, as expenses rose. Net profit in the three

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GM raises full-year forecast after strong second-quarter profit

General Motors Co on Thursday raised its forecast for full-year profits after reporting a record second-quarter profit as it continued to capitalise on strong sales of pickup trucks and sport utility vehicles in the US. The earnin

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GM raises full-year forecast after strong second-quarter profit

General Motors Co on Thursday raised its forecast for full-year profits after reporting a record second-quarter profit as it continued to capitalise on strong sales of pickup trucks and sport utility vehicles in the US. The earnin

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Dar Al Arkan Q2 net profit falls 38pc

Dar Al Arkan, one of Saudi Arabia's largest property developers, has reported a 38.7 per cent fall in second-quarter net profit, continuing its earnings slump as it made less money from land sales. Arkan made a net profit of S

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VW profit tops forecast, but takes another dieselgate hit

Volkswagen said cost cutting and rising European car sales helped it to beat first-half underlying profit forecasts, though it set aside another €2.2 billion euros ($2.4 billion) to cover costs related to its "dieselgate" emission

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VW profit tops forecast, but takes another dieselgate hit

Volkswagen said cost cutting and rising European car sales helped it to beat first-half underlying profit forecasts, though it set aside another €2.2 billion euros ($2.4 billion) to cover costs related to its "dieselgate" emission

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Saudi Electricity Company Q2 profit plunges 28pc

Saudi Electricity Company (SEC), the largest utility firm in the Gulf region, has reported a 27.7 per cent decline in the second-quarter net profit over the same period last year. The company, which the government is aiming to res

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Saudi Electricity Company Q2 profit plunges 28pc

Saudi Electricity Company (SEC), the largest utility firm in the Gulf region, has reported a 27.7 per cent decline in the second-quarter net profit over the same period last year. The company, which the government is aiming to res

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Saudi British Bank's net profit edges up

Saudi British Bank (SABB), the kingdom's fifth-largest bank by assets, posted a 1.2 per cent increase in its second-quarter net profit on Tuesday, in line with analyst forecasts as earnings from special commissions rose. The b

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