National Agricultural Development Co.’s (NADEC) second-quarter net profit (SAR 35 million) exceeded Saudi Fransi Capital’s forecast, the brokerage firm said in a report.
The investment arm of Banque Saudi Fransi (BSF) maintained a “hold” rating on the company’s stock and kept its target price at SAR 36.
On Sunday, NADEC reported a 25.4 percent increase in Q2-2015 net profit when compared to Q2-2014 and a 16 percent year-on-year rise in H1-2015 net profit.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}