Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Our Strategy
Financials
Overview
Quarterly Reports 2010
Annual Report 2009
Annual Report 2008
Annual Report 2007
Annual Report 2006
Annual Report 2005
Annual Report 2004
Annual Report 2003
Annual Report 2001
Previous Quarter Results
Pillar Disclosures
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Investor Relations
Financial News
FinancialNews
29-03-21
Saudi Jazan-based Company announces profit of USD2.9 M
(MENAFN)According to a stock exchange filing, the Jazan-based company with interests that span aquaculture, agriculture and real estate, announced a profit of SR10.8 million (USD2.9 million) in 2020 in comparison to a dropp of SR12.9 million a year earlier. Sales increased by 18 percent to SR85 million.
Jazadco underwent an organizational restructuring in 2020 that witnessed it cut costs and remake its sales and marketing strategy.
It said in the filing that “The Company has achieved the highest net income since 2015 due to the growth in sales and restructuring.”
Data from the US National Fisheries Institute’s Global Seafood Marketing Conference stated that Seafood sales continued floating in many markets as people treated themselves to slap up meals at home, regardless of the imposed closure of restaurants worldwide previous year as economies locked down. Shrimp sales increased 35 percent yearly in 2020 to USD4.2 billion.
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us