Alkhorayef Water and Power Technologies Co. of Saudi Arabia has posted a 9.3 percent decrease in profit to $27.4 million in its 2021, according to a bourse filing.
Despite an increase in revenues by 9.2 percent to SR569 million during the same period, profits declined due to cost of revenue and “increase in projects on-hand.”
Although profits dropped, the firm’s board of directors approved SR1.5 per share as a dividend for the second half of 2021.
By signing up you agree to our Terms of Use and Privacy Policy
Dubai, UAE — TRENDS’ yearly Special Issue is out. This year’s edition, titled Future of Humanity, explores key global shifts and brings together expert insights on old and new forces…
Some world leaders like Turkey's President Erdogan use the term genocide to describe Israeli actions in Gaza. Israel has also been accused of war crimes by rights organizations.
Abu Dhabi, UAE — Researchers at NYU Abu Dhabi (NYUAD) have developed an ingestible device that uses light to activate neurons in the gut. This new technology, called ICOPS (Ingestible…
The confirmation of an increased participation of women in workplace comes months after the TOP CEO Conference held in May 2022 had highlighted its economic justifications.
