Arriyadh Development Co. recorded SAR 37.5 million net profit in Q3 2014, decreasing 7.86% year-on-year from SAR 40.7 million and 20.26% quarter-on-quarter from SAR 47.03 million.
Net earnings for the first nine months of 2014 amounted to SAR 135.9 million, with a decline of 33.51% compared with SAR 204.4 million a year earlier.
The earnings per share fell from SAR 2.04 to SAR 1.13.