INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Gas Arabian Services profit dips 18%

A raft of EU nations are pushing for sanctions on Russia's energy sector. File pic
  • The firm’s net profit fell to SR60 million ($16 million), compared to SR73 million a year earlier, according to a bourse filing
  • Despite the lower profit, the Dammam-based company seeks to pay SR2 per share as dividends

Gas Arabian Services Co. has posted an eighteen percent decline in net profit to $16 million for 2021 due to higher revenue costs.

The firm’s net profit fell to SR60 million ($16 million), compared to SR73 million a year earlier, according to a bourse filing.

Despite the lower profit, the Dammam-based company seeks to pay SR2 per share as dividends.