trending Market Intelligence /marketintelligence/en/news-insights/trending/78sKckDmlyGzz8R7BSmS8g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

National Detergent Q3 profit climbs YOY

Blog

Q&A: Navigating Climate Risk as a Financial Risk

Blog

Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain

Blog

Fintech Intelligence Newsletter: February 2021

PODCAST

Episode 5: The Future of Work - The World of Workforce Experience and Productivity


National Detergent Q3 profit climbs YOY

National Detergent Co. SAOG said its normalized net income for the third quarter was 251,970 rials, a rise from 121,050 rials in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin climbed to 4.6% from 2.1% in the year-earlier period.

Total revenue decreased year over year to 5.5 million rials from 5.6 million rials, and total operating expenses decreased 6.3% from the prior-year period to 5.0 million rials from 5.4 million rials.

Reported net income rose on an annual basis to 354,770 rials, or 2 baiza per share, from 170,440 rials, or 1 baiza per share.

As of Oct. 24, US$1 was equivalent to 39 Oman baiza.