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Al-Samaani sees SAR 1m net profits in Q2

Al-Samaani sees SAR 1m net profits in Q2
Sales stood at SAR 9.04 million in Q2-17, and reached SAR 23.79 million for the 7-month period ended on 30 June
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Riyadh – Mubasher: Al-Samaani Factory for Metal Industries on Monday announced achieving SAR 1.08 million in net profits for the second quarter of 2017.

Net profits for the seven-month period ended on 30 June 2017 amounted to SAR 3.65 million, with earnings per share (EPS) of SAR 3.58, according to statements to the Saudi Stock Exchange (Tadawul).

Sales stood at SAR 9.04 million in Q2-17, and reached SAR 23.79 million for the seven-month period ended on 30 June.

The stock shed 0.41%, closing at SAR 60.20 on Monday.