KEC trims loss as sales improve
Arabian Post Staff -Dubai Saudi Arabia’s Knowledge Economic City narrowed its first-quarter net loss as higher revenue and stronger gross profit helped offset continuing finance and development costs at its flagship Madinah project. The Tadawul-listed developer reported a net loss attributable to shareholders of SAR15.43 million for the three months ended March 31, compared with SAR17.26 million a year earlier, a reduction of 10.6 per cent. The […]