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TADCO logs 211% surge in Q3 profit to SAR 3.2 THD

TADCO logs 211% surge in Q3 profit to SAR 3.2 THD
TADCO
6040
2.17% 14.16 0.30
Tabuk Agriculture Development Co. (TADCO) posted SAR 3,266 thousand net profit for the third quarter of 2014, soaring 211.05% from SAR 1,050 thousand in Q3 2013 and 546.73% from SAR 505 thousand in Q2 2014.
The company recorded SAR 5,511 thousand net earnings in the nine-month period until Sept. 30, 2014, with growth of 8.87% compared with SAR 5,062 thousand a year earlier.
The earnings per share grew from SAR 0.25 to SAR 0.28.