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Here are a few things you need to know as Saudi stocks start trading on Monday.
1) Al Hammadi Company for Development and Investment reported net profit after Zakat and tax of SAR 130.8 million in 2020, up 41% year-on-year (YoY).
2) Seera Group Holding’s net profit after Zakat and tax slumped 91% YoY to SAR 18 million in 2020.
3) Abdulmohsen Alhokair Group for Tourism and Development widened its net loss after Zakat and tax by 40% YoY to SAR 200.2 million for 2020.
4) Naseej International Trading Co. narrowed net loss after Zakat and tax to SAR 83.4 million for 2020.
5) Amana Cooperative Insurance Co. reported a net loss before Zakat of SAR 57.3 million in 2020.
6) Saudi Automotive Services Co. (SASCO) reported a net profit after Zakat and tax of SAR 40.1 million for 2020, a 67% decline YoY.
7) Saudi Chemical Co. reported a net profit after Zakat and tax of SAR 74 million for 2020, a more than twofold increase YoY.
8) Jazan Energy and Development Co. (JAZADCO) turned to a net profit after Zakat and tax of SAR 10.8 million in 2020.
9) National Medical Care Co.'s board of directors recommended the distribution of 10% cash dividend for 2020, at SAR 1 per share, amounting SAR 44.85 million.
10) Brent crude on Monday declined 88 cents to reach $63.69 per barrel. WTI crude also decreased $1.01 to reach $59.96/bbl.
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