9 things to watch on Tadawul today

13/08/2020 Argaam Special

 

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

 

1) Northern Region Cement Co. reported a net profit after Zakat and tax of SAR 41.7 million for the first half of 2020, an increase of 41% year-on-year (YoY).

 

2) Saudi Pharmaceutical Industries and Medical Appliances Corp. (SPIMACO) reported a net profit of SAR 70.8 million for H1 2020.

 

3) Tabuk Cement Co. reported a net profit after Zakat and tax of SAR 29.5 million for H1 2020, more than twofold increase YoY.

 

4) Maharah Human Resources Company reported a net profit after Zakat and tax of SAR 106.7 million for H1 2020, a 15% YoY decrease.

 

5) National Medical Care Co. (Care) reported a net profit after Zakat and tax of SAR 59 million in H1 2020, an increase of 35% YoY.

 

6) Al Jouf Cement Co. reported a net profit after Zakat and tax of SAR 22.46 million for H1 2020.

 

7) Sadara Chemical Company, the parent company of Sadara Basic Services Co., saw its net loss after Zakat and tax rise 12% YoY in H1 2020 to SAR 2.6 billion.

 

8) Aseer Trading, Tourism and Manufacturing Co. posted a net loss after Zakat and tax of SAR 3.1 million for H1 2020.

 

9) Brent crude on Thursday declined 9 cents to reach $45.34 per barrel. WTI Crude also decreased 6 cents to reach $42.61/bbl.

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