Profits of listed Saudi firms up 4% to SR114.6 billion in 2014
Profits of Saudi listed companies and banks rose by 4 percent to hit SR114.6 billion by the end of 2014 compared to SR110.4 billion in 2013, according to a financial report.Capitals of the listed companies stood at SR488.5 billion whereas their market capitalization hit SR1.82 trillion, the report filed by Al-Hayat daily said.The Saudi Electricity Company (SEC) remained the biggest listed company in terms of capital, which reached SR41.16 billion, followed by Saudi Basic Industries Corporation Read more [...]