Al-Istithmar Capital stated that Q1-14 earnings of Abdullah Al Othaim Markets reaching SAR 46.47 million were 7.7% higher than its forecasts.
The company’s gross profit amounted to SAR 204.7 million, beating Al-Istithmar’s forecasts of SAR 201.6 million.

The research firm set the stock’s fair value at SAR 97.5, recommending ‘Neutral’.