‎10 things to watch on Tadawul today

‎10 things to watch on Tadawul today

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

1) Banque Saudi Fransi (BSF) reported a 12% year-on-year (YoY) rise in Q1 2022 net profit to SAR 875 million.

2) National Shipping Company of Saudi Arabia (Bahri) posted a net profit after Zakat and tax of SAR 64.9 million for Q1 2022, a rise of 49% YoY.

3) Elm Co. reported a net profit after Zakat and tax of SAR 250 million for the first quarter of 2022, a 48% increase YoY.

4) Dr. Sulaiman Al Habib Medical Group (HMG) posted a net profit after Zakat and tax of SAR 390.5 million in Q1 2022, a rise of 22% YoY.

5) Thob Al Aseel Co. posted a net profit after Zakat and tax of SAR 19 million for the first quarter of 2022, a rise of 36% YoY.

6) Saudi Automotive Services Co. (SASCO) reported a net profit after Zakat and tax of SAR 8.02 million for Q1 2022, a YoY decrease of 33.2%.

7) HMG’s board of directors recommended the distribution of an 8.3% cash dividend, or SAR 0.83 per share, for Q1 2022.

8) Anaam International Holding Group inked a non-binding MoU to acquire a 55% stake in Abu