Riyadh – Mubasher: Saudi Stock Exchange Company (Tadawul) reported a net profit of SAR 107 million for the fiscal year 2015, falling 59% from SAR 265 million achieved in FY14.
Operating revenues retreated 17% to SAR 403 million, down from SAR 487 million in the same period in 2014, according to a statement released Monday.
Average daily trading during FY15 amounted to SAR 6.7 billion, a decline of 22% from 2014, resulting in a significant drop in profits from major operations by as much as 82% to SAR 33 million compared to SAR 186 million in 2014.
Tadawul’s returns on investments and other revenues fell 6% to SAR 74 million in 2015, compared to SAR 79 million the year before.
The company’s investment portfolios grew 4.91% to SAR 8.42 million per portfolio, from SAR 8.03 million in 2014.
