Saudi -"trade" profits country 40% in the first semester

Read Notes -1 Published: April 27, 2025 05:57 Last Update: April 27, 2025 06:48 Profits, “Tadawul”, Saudi Arabia lands 40% in the first semester, a man walking along the main entrance to the Saudi financial market “Tadawul”, in the Saudi Head, Riyadh -Source: Bloomberg is the head of the head at the head of the capital. Market “Tadawul” in the Saudi capital, Riyadh -Source: Bloomberg rejected the gains of the Saudi trading group with more than 40% of the first quarter of the year, compared to the same period last year, has registered about 120.5 million rows. The group, the main operator of the Saudi financial markets, attributed this decline mainly to the decline in turnover by 15%, due to the decline in trade revenue and to -stray services, in conjunction with the decline in the market trading by 33.8%. She pointed out that this decline was partially compensated by the growth of services that did not relate to 17.3%. On the other hand, operational expenses contributed to the pressure on profits, which rose 13% year -on -year. The company attributes this increase to future expansion and growth strategies, which are reflected in the high cost of the workforce as a result of the expansion of the number of employees, in addition to increasing the maintenance of systems. Stories classifications can interest you in this most read article