Mubasher TV
Contact Us Advertising   العربية

Al Kathiri posts SAR 1.86m profits in Q2

Al Kathiri posts SAR 1.86m profits in Q2
Operating profits reached SAR 1.96 million
ALKATHIRI
3008
-0.82% 2.43 -0.02

Riyadh – Mubasher: Al Kathiri Holding, listed on Saudi Arabia’s Nomu-Parallel Market, on Monday said it achieved SAR 1.86 million ($496,000) in net profits in the second quarter of 2017, with earnings per share (EPS) standing at SAR 0.65.

Operating profits reached SAR 1.96 million, while gross profit amounted to SAR 3.13 million, according to the company’s statement to the Saudi Stock Exchange (Tadawul).

Al Kathiri achieved total sales of SAR 11.62 million in the period between 20 March and 30 June, adding that there was no comparative data for the same period of the prior year.

Al Kathiri was listed on the Nomu on 9 July 2017.

The company’s stock grew 1.14%, reaching SAR 19.47 at Sunday’s close.