SASCO-

Saudi Automotive Services’ (SASCO) net income has jumped 40%y-o-y to reach SAR 105.5 mn in 2023, while revenues climbed 16% y-o-y to reach SAR 9.1 bn, it said in an earning’s release (pdf).

NORTHERN CEMENT-

Northern Cement’s net income plunged 50% y-o-y to SAR 56.4 mn in 2023, while revenues increased by 11.6% y-o-y to SAR 689.6 mn, it said in a disclosure to Tadawul. Its BoD has approved a dividend payout of SAR 45 mn at SAR 0.25 a piece for the year, it said in a separate disclosure. The distribution date was set on 24 April.

NASEEJ INTERNATIONAL TRADING-

Naseej International Trading’s net loss widened to SAR 15.9 mn in 2023, while revenues were down 7% y-o-y to reach SAR 260.5 mn, it said in a disclosure to Tadawul.

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