Riyad Bank’s net income up 27% y-o-y in 3Q 2024 at SAR 2.7 bn
Gains in operating income and lower expenses during the period boosted the bank’s bottomline
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Gains in operating income and lower expenses during the period boosted the bank’s bottomline
Saudi Tadawul Group’s bottomline was up 37.2% y-o-y last quarter
Revenues were up 10.4% during the period at SAR 1.6 bn
Net income grew 18.3% y-o-y to SAR 119.5 mn in 1H 2024
The dairy giant’s sales revenue from Egypt declined on the back of currency devaluation
The company’s bottom line declined due a rise in the financing cost of three acquisitions from the previous year
The hike in net income was attributed to higher margins, capped expenses and a one-off insurance claim
Cenomi Retail turned into the black on a quarterly basis
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