Latest news with #Mubasher
Zawya
19-05-2025
- Business
- Zawya
Central Bank of Egypt unveils $1.5bln T-bills on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at a total value of EGP 75 billion through two auctions on Sunday, 18 May. The first issue was valued at EGP 35 billion, holding a tenor of 91 days until 19 August 2025, according to official data. The second auction stood at EGP 40 billion and will mature in 273 days on 17 February 2026. On 15 May, the CBE auctioned T-bills worth EGP 80 billion through two tranches. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Zawya
13-05-2025
- Business
- Zawya
Saudi Ground Services sees 37% growth in Q1-25 net profit
Riyadh - Saudi Ground Services Company generated net profits worth SAR 97.62 million in the first quarter (Q1) of 2025, marking a 37.18% rise from SAR 71.16 million in Q1-24. The revenues increased by 2.80% year-on-year (YoY) to SAR 671.49 million as of 31 March 2025 from SAR 653.19 million, according to the income statements. The earnings per share (EPS) grew to SAR 0.52 in the first three months (3M) of 2025 from SAR 0.38 in Q1-24. Meanwhile, on a quarterly basis, the Q1-25 net profits increased by 1.94% from SAR 95.76 million in Q4-24, while the revenues went down by 0.59% from SAR 675.48 million. In 2024, Saudi Ground Services logged 54.64% higher net profit at SAR 327.03 million, compared with SAR 211.47 million in 2023. Source: Mubasher
Zawya
13-05-2025
- Business
- Zawya
Saudi: Jabal Omar achieves nearly $252.26mln net profits in Q1-25
Riyadh - Jabal Omar Development Company posted net profits of SAR 945.94 million in the first quarter (Q1) of 2025, signaling an annual leap of 4,873.39% from SAR 19.02 million. The earnings per share (EPS) jumped to SAR 0.80 as of 31 March 2025 from SAR 0.02 in Q1-24, according to the income statements. Furthermore, the revenues grew by 26.12% year-on-year (YoY) to SAR 747.73 million in the first three months (3M) of 2025 from SAR 592.85 million. Quarter-on-quarter (QoQ), the net profits in Q1-25 hiked by 169.19% from SAR 351.39 million in Q4-24, while the revenues climbed by 74.95% from SAR 427.39 million. In the twelve-month period that ended on 31 December 2024, Jabal Omar recorded a 433.80% increase in net profit to SAR 200.07 million from SAR 37.48 million in 2023. Source: Mubasher All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. ( Mubasher
Zawya
12-05-2025
- Business
- Zawya
Saudi: Sidpec's profits increase 5% in Q1-25
Cairo – Sidi Kerir Petrochemicals Company (Sidpec) logged net profits after tax valued at EGP 587 million in the first quarter (Q1), an annual growth of 5% from EGP 559 million. Basic earnings per share (EPS) hit EGP 0.57 in Q1-25, compared to EGP 0.66 in Q1-24, according to the unaudited financial results. The sales increased by 4.21% YoY to EGP 3.61 billion as of 31 March 2025 from EGP 3.46 billion. Source: Mubasher All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. ( Mubasher
Zawya
09-05-2025
- Business
- Zawya
Saudi German Hospital sees higher profits at $42.66mln in Q1-25
Riyadh – Middle East Healthcare Company (Saudi German Hospital) recorded net profits valued at SAR 160.13 million in the first quarter (Q1) of 2025, an annual hike of 263.93% from SAR 44 million. Revenues increased by 6.46% year-on-year (YoY) to SAR 733.74 million in Q1-25 from SAR 689.21 million, according to the financial results. The earnings per share (EPS) jumped to SAR 0.47 as of 31 March 2025 from SAR 0.27 in Q1-24. Quarterly, the Q1-25 revenues fell by 2.02% from SAR 748.88 million in October-December 2024, while the profits hiked by 49.45% from SAR 107.14 million. As of 31 December 2024, Saudi German Hospital recorded an annual leap of 1,554% in net profit to SAR 282 million, compared to SAR 17.04 million. Source: Mubasher All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. ( Mubasher
