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Al Tayyar profits up 9% in Q2

Al Tayyar profits up 9% in Q2
Photo Credit: Arabianeye-Reuters
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Riyadh-Mubasher:  Al Tayyar Travel Group Holding posted a 9% profit rise to SAR 396 million in the second quarter of 2015, compared to SAR 364 million in the same quarter of 2014, according to a bourse filing.

Net profits increased 6% to SAR 681 million in H1-15, up from SAR 644 million in H1-14, the travel and tourism services provider said.

The profit growth during the second quarter and first half of 2015 resulted from a 21% increase in sales.