One of these eight Saudi Companies did not disclose its financial statements in English at its company website.
All of these Saudi Companies prepared their financial statements in accordance with generally accepted accounting standards in the Kingdom of Saudi Arabia and received unqualified opinions from one of the prestigious Big 4 CPA firms.
Below here is Net Income for the two most recent years for each of these 7 Saudi Companies:
2016 | 2015 | |||
Most | Audited | Audited | ||
Recent | Net | Net | ||
Largest Saudia Arabian Companies | 2016 | Income | Income | Increase |
Reporting in Saudi Arabian Riyal (SRs) | FYE | (Loss) | (Loss) | (Decrease) |
mil SRs | mil SRs | % | ||
Saudi Basic Industries Corporation | Dec | 17,839 | 18,769 | -5% |
National Commercial Bank | Dec | 9,416 | 9,148 | 3% |
Saudi Telecom Company | Dec | 8,758 | 9,789 | -11% |
Al Rajhi Banking & Investment Corp | Dec | 8,126 | 7,130 | 14% |
Saudi Electricity Company | Dec | 2,105 | 1,544 | 36% |
Almarai Co | Dec | 2,083 | 1,799 | 16% |
Saudi Arabian Mining Company | Dec | 401 | 808 | -50% |
Total all 7 | 48,728 | 48,987 | -1% |