Business
Saudi Tadawul profit down 35 percent as trading values slide and costs rise
Stock exchange owner and operator Saudi Tadawul Group on Sunday reported a 35 percent decline in first-quarter profit after trading values halved and costs rose.
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Net profit in the three months to March 31 fell to 90.8 million Saudi riyals ($24.2 million) from 140.6 million riyals a year earlier, the region’s largest bourse said in a stock market filing.
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