Get access to our best features

Get access to our best features

Published 2 years ago

Saudi Red Sea International narrows losses by 42% on higher revenue in Q1

Summary by Arab News

Sun, 2022-05-22 09:38 RIYADH: The Saudi Red Sea International Co. has managed to narrow down its losses by 42 percent in the first quarter of 2022, driven by higher revenue. The Saudi-listed firm saw its losses fall to SR19 million ($5 million) in the first quarter from SR33 million a year earlier, a bourse filing revealed. Following the announcement, the company’s stock dipped 4.77 percent to reach SR16.34, as of 11:06 a.

0 Articles

0 Articles

All

Left

Center

Right

Saudi Red Sea International narrows losses by 42% on higher revenue in Q1

Sun, 2022-05-22 09:38 RIYADH: The Saudi Red Sea International Co. has managed to narrow down its losses by 42 percent in the first quarter of 2022, driven by higher revenue. The Saudi-listed firm saw its losses fall to SR19 million ($5 million) in the first quarter from SR33 million a year earlier, a bourse filing revealed. Following the announcement, the company’s stock dipped 4.77 percent to reach SR16.34, as of 11:06 a.m. Saudi time. The …

2 years ago·Riyadh, Saudi Arabia

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.

Coverage Details

Total News Sources0

Leaning Left0Leaning Right1Center0Last Updated2 years agoBias Distribution

100% Right

Bias Distribution

100% of the sources lean Right

100% Right

Arab News

Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics

Stories disproportionately reported by the Left or the Right

Similar News Topics

Trending Topics

Donate Privacy Policy Manage Cookies Terms and Conditions

© 2024 Snapwise Inc.