VOL. XLVII
No 15
12-April-2004
SAUDI ARABIA
CAPITAL MARKETS
Saudi Corporate Profitability Records Strong Growth In 2003
Saudi corporate profits recorded a year of strong growth in 2003, with 42 of the 71 companies listed on the Saudi stock market collectively increasing their net profitability by over 60%, according to National Commercial Banks (NCB) Market Review & Outlook of 29 March. The sample of 42 companies chosen by NCB had all reported 2003 results by 10 March 2004, and together account...
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