Riyadh – Mubasher: Saudi Company for Hardware (SACO) posted 11% growth in net profit for the third quarter of 2015 to SAR 18.5 million, compared with SAR 16.6 million reported in the same period a year earlier.

Net profit for the first nine months of 2015 amounted to SAR 88 million, up 10% year-on-year from SAR 80 million.

The profit rise was ascribed to profits made from new showroom and strong sales across the company’s units.