Arab Sea turns profitable in 2019; requests moving to Tadawul

Riyadh – Mubasher: Arab Sea Information System Company reported SAR 24.15 million in net profit after zakat and tax for last year, versus losses of SAR 20.34 million for 2018.

This was despite a 5.4% decline in revenues to SAR 38.7 million, according to the company’s statement to the Saudi Stock Exchange (Tadawul).

Furthermore, the company has filed on Tuesday a request to move from the Nomu-Parallel Market to the Tadawul main market.

 

Mubasher Contribution Time: 17-Mar-2020 15:18 (GMT)
Mubasher Last Update Time: 17-Mar-2020 15:18 (GMT)