Thursday 23 October 2014
 
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profit

Jazeera Airways Q3 profits soar 22.6pc

Kuwait-based Jazeera Airways Group today announced a record net profit of KD8.1 million ($28 million) for the third quarter of this year, up 22.6 per cent from KD6.6 million ($22.82 million) during the same period in 2013, making it the company&

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Saudi builder Khodari's Q3 net profit up 23pc

Major Saudi Arabian construction firm Abdullah Abdul Mohsin Al Khodari Sons has reported a 23.1 per cent rise in its third-quarter net profit in line with analysts' estimates. The company made a profit of SR15 million ($4 mill

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BBK's net profit rises 8pc to $98m

Bank of Bahrain and Kuwait (BBK) has reported a net profit of BD37.3 million ($98.2 million) for the nine months ended September 30 this year, representing an eight per cent increase over the same period of last year. The earnings

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Rolls-Royce warns on profit as economy slows

British engineer Rolls-Royce warned on Friday that deteriorating economic conditions meant its profit would not rise next year as previously forecast, sending its shares plunging as much as 16 per cent. Rolls-Royce said the market

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Riyad Bank posts 7.8pc Q3 net profit

Riyad Bank, Saudi Arabia's third-largest listed lender by assets, posted a 7.8 per cent rise in its third-quarter net profit on Tuesday, in line with analysts' average forecast. The bank said it made 1.08 billion riyals ($

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Raysut Cement posts 17.8pc Q3 profit increase

Raysut Cement missed analysts' expectations despite reporting a 17.8 per cent increase in quarterly net profit after tax on Tuesday, according to Reuters calculations. One of the sultanate's largest producers of cement mad

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Banque Saudi Fransi Q3 net profit jumps 35pc

Banque Saudi Fransi, the lender part-owned by Credit Agricole, posted a 35.2 per cent rise in its third-quarter net profit, according to a bourse statement on Monday, beating analyst forecasts. The kingdom's fourth-largest lis

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Qatar utility reports 8.8pc Q3 profit rise

Qatar Electricity and Water Company (QEWC), the country's monopoly utility firm, reported a 8.8 per cent increase in third-quarter net profit on Monday, according to Reuters calculations, beating analyst estimates. The state-r

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Qatar utility reports 8.8pc Q3 profit rise

Qatar Electricity and Water Company (QEWC), the country's monopoly utility firm, reported a 8.8 per cent increase in third-quarter net profit on Monday, according to Reuters calculations, beating analyst estimates. The state-r

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Almarai Q3 profit rises 13.4pc to $143m

Saudi Arabia's Almarai, the Gulf's largest dairy company, reported a 13.4 per cent increase in third-quarter net profit on Sunday, slightly beating analysts' forecasts as sales rose. Almarai made a profit of SR539.4 mi

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