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 16.27 0.00 (0.00%)
DARALARKAN 18.76 -0.54 (-2.80%)
JABALOMAR 15.13 -0.20 (-1.31%)
MCDC 83.00 -1.50 (-1.78%)
TAIBA 36.12 -0.16 (-0.45%)

Recent News

Omantel Group's net profit surges 88% to RO371mn in 2025

12/03/2026

Oman Telecommunications Company (Omantel), the leading telecom services provider in Oman, has announced its financial and operating results for the year ended December 31, 2025, reporting solid growt

Muscat Daily

Shalfa Facilities Management gets Saudi Awwal Bank funding

12/03/2026

Saudi-based Shalfa Facilities Management Company has announced the signing of a sharia-compliant credit facilities agreement with Saudi Awwal Bank to support the company's operational activities and

Trade Arabia

Bahri profit rises 12% to $647m in 2025 as oil shipping boosts earnings

12/03/2026

The National Shipping Co. of Saudi Arabia, also known as Bahri, posted a 12.07 percent increase in annual profit as stronger tanker earnings and higher global freight rates boosted results.

Arab News

Tecom shareholders approve $229m cash dividends for FY 2025

12/03/2026

Tecom Group has announced that its shareholders have approved the financial statements for the year ended December 31, 2025 and endorsed the Board of Directors' recommendation to distribute a cash di

Trade Arabia

flynas carries 15.8m passengers in 2025, expands global reach

12/03/2026

flynas reported strong financial and operational performance for the fourth quarter and full year ending December 2025.

The airline carried 15.8 million passengers in 2025, a 7% year-on-year

Trade Arabia

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