KEC announces its consolidated interim financial results

21/04/2013 09:14 AST

Knowledge Economic City Company - KEC announces its consolidated interim financial results for the period ended 31/03/2013:

1.Net loss during the first quarter amounted to SAR 8.1 million, compared to SAR 8.3 million for the corresponding quarter of the previous year, a 2.4% decrease, and compared to SAR 27 million for the previous quarter, a 70% decrease.

2.Gross profit during the first quarter amounted to SAR 2.5 million, compared to SAR 1.7 million for the corresponding quarter of the previous year, a 47% increase.

3.Operating loss during the first quarter amounted to SAR 5.9 million, compared to SAR 8.4 million for the corresponding quarter of the previous year, a 29.7% decrease.

4.Loss per share during the three months amounted to SAR 0.02, compared to SAR 0.02 for the corresponding period of the previous year.

5.Decrease in the companys loss during the first quarter compared to the corresponding quarter of the previous year is mainly due to the increase in in gross profit and decrease in operating expenses despite the increase in the zakat expense

6.Decrease in the companys loss during the first quarter compared to the previous quarter is mainly due to the decrease in operating expenses and zakat expenses despite the decrease in non-operating income in the first quarter


Tadawul

News

KEC, Archipelago set up new Saudi hotel management JV

03/12/2025

Saudi Arabia's Knowledge Economic City (KEC) has announced that it has signed a joint venture agreement with Archipelago International Indonesia, a leading hotel management group in Southeast Asia, t

Trade Arabia

Knowledge Economic City announces the Appointment of CEO

06/01/2014

Knowledge Economic City Company announces the appointment of Engineer Ibrahim Ahmed bin Mohammed Al Balushi as Chief Executive Officer for the company effective 05/04/1435H corresponding to 05/02/201

Tadawul

KEC announces its consolidated annual finacial results

25/02/2013

Knowledge Economic City Company - KEC announces its consolidated annual financial results for the period ended 31/12/2012:

1.Net loss amounted to SAR 26 million, compared to SAR 154.7 mill

Tadawul

Most Viewed Companies

Ticker Price Volume

Valuation

KEC Sector Market
P/E
Price/BookValue

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
MASAR 16.20 0.02 (0.12%)
DARALARKAN 17.96 -0.14 (-0.78%)
JABALOMAR 15.70 0.26 (1.68%)
MCDC 82.90 0.30 (0.36%)
TAIBA 39.00 0.88 (2.30%)

Recent News

QLM reports QR15.3mn net profit on QR364mn revenues in Q1

27/04/2026

QLM Life and Medical Insurance Company has reported strong insurance revenue of QR364mn in the first quarter (Q1) of 2026, up 22% on annualised basis.

Net profit was flat at QR15.3mn in Q1-2

Gulf Times

Burgan Bank's flagship Kanz returns, crowning more than 250 winners and its 4th millionaire

27/04/2026

Burgan Bank has concluded the resumption draws for its flagship Kanz account, crowning more than 250 winners - including Kanz's fourth millionaire - across postponed draws covering the period from Ma

Kuwait Times

Gulf Bank continues to support Kuwaiti enterprises, gifts customers Arfaj flower cake

27/04/2026

As part of its ongoing commitment to supporting small and medium sized enterprises and empowering Kuwaiti entrepreneurs, Gulf Bank resumed its distinctive community initiative, "Nuqsat Al Khaleej," i

Kuwait Times

almeera AGM approves distribution of QR0.40 dividend

27/04/2026

Al Meera Consumer Goods Company (almeera) is eyeing expansion plans, which include adding more branches across Qatar, developing private labels, and expanding partnerships with local suppliers to pro

Gulf Times

Dukhan Bank reports QR429.5mn Q1 profit

27/04/2026

Dukhan Bank has reported a net profit of QR429.5mn in the first three months of 2026, leading to earnings per share of QR0.075.

Total equity in Q1 2026 stood at QR15.6bn, reflecting a 2.5% i

Gulf Times

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap