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English news

17-Jan-2016

Nadec 4Q2015: Earnings surge 72% on gross margin gains, beat forecast; BoD proposes SAR0.5 DPS, 1:10 bonus shares  

Net income: SAR34.4 million +72% Y-o-Y, -23% Q-o-Q, +36% versus EFGe Revenue: SAR553 million +9% Y-o-Y, -5% Q-o-Q, -5% versus EFGe EBIT: SAR47.1 million +57% Y-o-Y, -23% Q-o-Q, +26% versus EFGe   Nadec reported a solid set of 4Q

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