10 things to watch on Tadawul today

Here are a few things you need to know as Saudi stocks start trading on Sunday.

1) Abdullah Al Othaim Markets Co. reported a year-on-year (YoY) plunge of 42% in net profit after Zakat and tax to SAR 57.7 million for the first quarter of 2021.

2) Mobile Telecommunication Company Saudi Arabia (Zain KSA) reported a net profit after Zakat and tax of SAR 41 million in Q1 2021, a fall of 61% YoY.

3) Seera Group Holding reported a net loss after Zakat and tax of SAR 131 million for Q1 2021, from a net profit of SAR 1.1 billion for the same period last year.

4) Amlak International for Real Estate Finance Co. posted a net profit of SAR 25.2 million in Q1 2021, a decrease of 15% YoY.

5) Arabian Cement Co. reported a rise of 49% YoY in net profit after Zakat and tax to SAR 67 million for the first quarter of 2021.

6) Al Jouf Cement Co. reported a net profit after Zakat and tax of SAR 19.4 million for the first quarter of 2021, a 28% YoY increase.

7) Saudi Automotive Services Co. (SASCO) reported a net profit after Zakat and tax of SAR 12 million for the first quarter of 2021, a YoY increase of 48%.

8) Al Yamamah Steel Industries Co.’s board recommended a 7.5% cash dividend, at SAR 0.75 per share, for the first half of the fiscal year 2020/2021 ending Sept. 30, 2021.

9) Red Sea International Co.’s board of directors appointed Khalid M. Fagih as chief executive officer (CEO) from May 1, 2021.

10) Brent crude on Friday rose 0.19 cents to reach $68.28 per barrel. WTI crude also gained 0.19 cents to reach $64.90/bbl.