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07:52 and maybe good incentives and long-term profit that motivate distributions.
07:57 But what investors are looking at specifically is whether the company has the ability to provide
08:04 extensive financial distributions in light of the financial performance of the distribution company.
08:11 Perhaps this is the main question if we look at some of the details in the ad,
08:16 and also the statement made by Mr. Mohamed al-Aqil,
08:20 the president of the Mercedar company, that there are indeed challenges in the market
08:24 regarding the purchasing power of consumers and also the entry into competition,
08:28 especially in the smart phone sector.
08:31 Perhaps this competition has also been drawn on the next computer.
08:36 We also think that there is a growth in the opening of branches in the company in the past year,
08:44 and specifically opened four branches.
08:47 One of those branches is in Qatar, and the company is still continuing to achieve its goals
08:54 of opening 90 branches in the next five years, of which 70 branches are currently available.
09:00 Therefore, we see that the company is indeed going through some challenges,
09:04 but if we take from the challenges, it is perhaps not establishing a special company for financing
09:11 but rather for the purpose of purchasing and paying operations.
09:15 Some companies in the telecommunications sector, such as Extra,
09:19 were able to establish a special company, which is a facilitation company.
09:22 Then, last week, the General Assembly decided to separate that company and integrate it into the independent sector.
09:28 Perhaps, Mr. Maysa, the delay in reading the markets is sometimes attributed to some administrative bodies.
09:36 We return to Al-Mara'i, which is talking today about good performance.
09:41 The company was able to meet its costs well, but in your opinion,
09:45 how much is this control that is taking place in the integration of its operations
09:49 trying to ensure that the company remains well-preserved in its market share, Mr. Ali?
09:56 Al-Mara'i is one of the leading and leading companies in the food sector,
10:01 and it also has a large share in this sector.
10:04 The company, in an announcement of the results of its first quarter,
10:09 pointed out that there was a rise in the main profit,
10:18 but in the total income, there was a decline of about 7.5%.
10:24 The company, in addition to these news, or in addition to this, perhaps,
10:28 the improvement in its revenues by 8% to a strong growth in the company's sales.
10:34 The growth is specifically from three sectors, the dairy and juice sectors,
10:38 and also the bakery sectors and the dairy sector.
10:41 Let's not forget that the company, perhaps, in the current period,
10:46 has been improving its operating performance with the existence of a plan for the next five years.
10:53 The company has invested about 18 billion in that plan.
10:57 The goal of this plan is to achieve the strategic plan of the company,
11:03 while maintaining its competitive position in the local and Gulf markets.
11:09 Thank you, Mr. Ali Al-Zahrani.
11:12 You were with us from Jeddah, an analyst of the financial markets.
11:15 Thank you very much.
11:18 We still have some shares and the Saudi shares' directions
11:23 with the beginning of this week.
11:25 We will see the details of this.
11:27 It seems that the company is also in a positive movement with the beginning of the trading period until the end.
11:32 That's right, Maysa.
11:33 The company has risen significantly in today's session.
11:36 There are also other interactions on Aramco and Al-Rajahi banks.
11:40 We will get to know all the details in the shares' directions section.
11:52 What are the most prominent interactions in the Saudi market with the beginning of this week?
11:57 We will start with Al-Rajahi Bank.
11:59 We notice that the share is almost 2% of the returns in today's session.
12:05 We notice that the levels were almost in the middle of the session,
12:09 at about 78.80 Riyals.
12:13 We also note that the pressure was on the index from the banks' sector last week,
12:18 specifically Al-Rajahi Bank.
12:22 We also notice that the movement was negative on Al-Rajahi Bank.
12:26 We will continue our tour with Batec, which has risen significantly in today's session.
12:32 We notice that the shares rose by about 10% and the highest levels were at about 3 Riyals.
12:39 We note that Batec announced today that its subsidiary has signed an agreement with Solutions
12:46 with a value of more than 10% of Batec's returns.
12:51 We notice a positive interaction on the shares in today's session.
12:55 We will continue our tour with Al-Rajahi Bank, which was also one of the highest in today's session.
13:01 We notice that the shares rose by about 10% and the highest levels were also in the middle of the session,
13:08 at about 114.80 Riyals.
13:11 We note that Al-Rajahi Bank's returns rose by more than 350% in 2023,
13:18 in today's session, a positive interaction on Al-Rajahi Bank's shares.
13:23 Finally, we will conclude our tour with Aramco.
13:26 We notice that today the shares rose by about 16%, and even during the session,
13:31 the highs reached 1%.
13:34 We notice that the shares touched 30 Riyals when it closed.
13:39 We note that it closed without this level last week.
13:42 But with positive news on Aramco, we note that it has returned to the global level,
13:47 its title as the third largest company in the world after Nvidia lost this title.
13:52 So this was our tour of the most prominent interactions in the Saudi market.
13:57 Thank you Cynthia Maraie.
14:05 Maraie was the most prominent among these results, and the growth of the profits was 9%.
14:11 The growth of the revenues also increased by more than 7% as a result of the growth of the dairy and dairy products sector.
14:18 Salah Al-Din Mokrani will give us the most prominent details about the results of these profits
14:23 and what are the challenges for the company.
14:27 See you later.
14:28 With the support of the increase in sales and the adjustment of costs and diversity in products,
14:41 the profits of Saudi dairy products grew by 9%, from the first quarter of 2024.
14:50 The profits of Saudi dairy products grew to 692 million Riyals, compared to the profits recorded in the fourth quarter of 2023, at 635 million Riyals.
15:06 What is the reason for these results?
15:09 First, the revenues, which grew to 5.4 billion Riyals, grew by 8%, which is what supported the company in a fundamental way,
15:21 especially the related and increasing revenues from the dairy sector.
15:27 The operating profits also grew by 8%, reaching 868 million Riyals.
15:37 In the list of data related to the company, we have the recurring profit of the women's company at 27.18%,
15:48 the multiple of the book value at 23.10%, and the nominal value at 10.100%.
15:56 While at the end of last year, the company was the middle in terms of profits distribution,
16:03 thus the recurring profit of the company is 17.100%.
16:08 At the end of last year, the company was the middle in terms of profits distribution,
16:13 with 10.100% of the total revenue, reaching 1 Riyal for each share.
16:19 Of course, the women's company had announced in advance and on the behalf of the head of its board of directors of CNBC Arabia,
16:26 that the company will invest 7 billion Riyals in the dairy sector in the next five years,
16:32 which may enhance the company's profitability and sustain its results.
16:46 The Egyptian index tried to recover some of its profits from the sales pressures we have seen in the EGX30 meeting on Thursday,
16:55 to about 290 points, but also did not succeed in recovering 29,000 points in today's trading.
17:02 According to the profits, the weak liquidity is only 2.7 billion Egyptian Riyals,
17:09 and the 70 is also rising by more than 111 points.
17:13 We will be following the details of these closures and Mr. Mohamed Kamal,
17:19 a member of the board of directors of Elite for financial consultations on financial papers, will talk about the market movements.
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