Riyadh – Mubasher: Abdullah Al Othaim Markets posted a 6% increase in net profits in the first six months of 2015 to SAR 104.55 million, compared to SAR 98.25 million in the same period last year, according to a filing to the Saudi Stock Exchange (Tadawul).

The Saudi chain also reported a net profit of SAR 55.66 million in the second quarter this year, a rise of 7.49% from SAR 51.78 million in Q2-14.

The company attributed its profit growth to increased sales from current and new branches.