Saudi Arabia: Listed firms make profits
A total of 68 public joint stock companies operating in Saudi Arabia, whose shares are being traded in the Saudi Stock Exchange, reported net profits of SR38.23 billion ($10.19 billion) during the first six months of this year, a report said.
The top two firms have together garnered 40.7 of the total profits, reported the Gulf News. The industrial companies altogether generated profits of SR11.31 billion and the telecom sector made a net profit of SR6.96 billion.
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