Riyadh – Mubasher: Baazeem Trading’s profits fell 10.1% year-on-year to SAR 33.2 million in 2016 from SAR 36.91 million.

The company attributed the decrease in profits to higher sales and marketing, and administrative expenses, according to a bourse filing on Thursday.

Total sales inched up 0.3% to SAR 343.5 million in 2016 compared to SAR 344.4 million in 2015.