![Saudi listed firms’ net profit soars 32% as energy, banking sectors shine](https://dailytalks.org/wp-content/uploads/2023/02/31995-saudi-listed-firms-net-profit-soars-32-as-energy-banking-sectors-shine.jpg)
article author: Nirmal NarayananWed, 2022-11-23 16:07
RIYADH: Energy firms and banks helped fuel a 32 percent year-on-year rise in aggregate profits for listed companies in Saudi Arabia in the third quarter of 2022, according to a report released by Kamco Invest.
The analysis noted that net profits hit $51.9 billion in the three months to the end of September — up from $39.3 billion in the same period of 2021.Main category: Business &…
Read More