Saudi Stock Exchange Company (Tadawul) achieved net profit of SAR 129.8 million by the end of 2017, versus SAR 29.8 million losses in 2016.

 

Financials Highlights (M)

Item

2016

2017

Change

Revenues

312.6

545.5

+74%

Net Income

(29.3)

129.8

--

Average Shares

120

120

--

EPS (SAR)

(0.24)

1.08

--
 

The growth was attributed to revenues surging 74 percent year-on-year, totaling SAR 545.4 million by the end of 2017.

 

The bourse posted SAR 304 million revenues from trading commission and SAR 132.9 million from securities depository services. It achieved SAR 63 million from market information services and SAR 45 million from listing fees service.

 

Operating Revenues (M)

Item

2016

2017

Change

Trading commission

209.4

304.3

+45%

Securities depository services

70.1

132.9

+90%

Market information services

32.9

63.0

+91%

Listing fee service

0.0

45.0

--

Other services

0.20

0.24

+20%

 

Loss on available-for-sale investments by SAR 57.8 million in 2016, versus nothing in 2017, in addition to unrealized gain on held-for-trading investments by SAR 16.7 million by the end of 2017, compared to SAR 1.7 million in 2016 also contributed to the income increase

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