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Anaam generates SAR2.4m profit in Q4-15

Anaam generates SAR2.4m profit in Q4-15
Photo Credit: Arabianeye - Reuters
ANAAM HOLDING
4061
-1.11% 0.89 -0.01

Riyadh – Mubasher: Anaam International Group Holding announced its financial results for the fourth quarter of 2015, showing net profit of SAR 2.4 million, versus SAR 13.8 million losses logged in the same period a year ago.

The twelve-month net profit amounted to SAR 21.3 million, against SAR 25.7 million net loss a year earlier.

The company ascribed the profits registered in the fourth quarter and full year to stronger earnings from the agricultural segment.