Friday 29 July 2016
 
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profit

Sanofi sales and profit slide on US pricing

French drugmaker Sanofi's sales and profit fell in the second quarter despite double-digit growth at biotech arm Genzyme, as the diabetes division continued to come under sustained US pricing pressure. Business net income fell

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Saudi's Kingdom Holding Q2 net profit falls 22pc

Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 22 per cent fall in second-quarter net profit on Thursday as income from associates and dividends declined. The inves

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Bahri Q2 net profit rises 47.2pc

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a 47.2 per cent increase in second-quarter net profit. The company's net profit for the three months to June 30 was 504.18 milli

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Bahri Q2 net profit rises 47.2pc

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a 47.2 per cent increase in second-quarter net profit. The company's net profit for the three months to June 30 was 504.18 milli

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Al Tayyar Travel Group Q2 net profit falls 24.2pc

Saudi Arabia's Al Tayyar Travel Group posted a 24.2 per cent fall in second-quarter net profit on Wednesday. The company made a net profit of SR300 million ($80 million) in the three months to June 30, down from SR396 million

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Bank ABC H1 profit rises 5pc to $101m

Bank ABC (Arab Banking Corporation) has announced a consolidated group net profit of $101 million for the first half of 2016, a 5 per cent increase compared to a profit of $96 million reported for the same period last year. Net pr

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Dubai Financial Market Q2 net profit falls 60pc

Dubai Financial Market (DFM), the Gulf's only listed stock exchange, reported a 60 percent fall in second-quarter net profit on Monday as revenue fell. The firm made a net profit of Dh53.5 million ($14.6 million) in the three

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Gulf Bank Q2 net profit rises 34.4pc

Gulf Bank, Kuwait's fourth-largest lender by assets, reported a 34.4 percent rise in second-quarter net profit on Sunday, as income from fees and investments edged higher. Net profit for the three months to June 30 was KD11.93

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Saudi's PetroRabigh Q2 net profit slides 79.6pc

Saudi Arabia's Rabigh Refining and Petrochemical Co (PetroRabigh) reported a 79.6 per cent decrease in net profit in the second quarter as petrochemical prices dropped and refinery margins fell.  

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Saudi's PetroRabigh Q2 net profit slides 79.6pc

Saudi Arabia's Rabigh Refining and Petrochemical Co (PetroRabigh) reported a 79.6 per cent decrease in net profit in the second quarter as petrochemical prices dropped and refinery margins fell.  

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