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Al Hokair Group earnings down in Q2, H1

Al Hokair Group earnings down in Q2, H1
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BAAN
1820
-0.52% 1.92 -0.01

Riyadh-Mubasher: Abdulmohsen Al Hokair Group for Tourism and Development Co. posted net earnings of SAR 43.1 million for the second quarter of 2015, falling 16.47% from SAR 51.6 million in the year-earlier period.

The six-month net earnings decreased 2.89% year-on-year from SAR 103.7 million to SAR 100.7 million.

The company attributed the profit decline year-on-year to opening new entertain cement centres.