Riyadh – Mubasher: Al Kathiri Holding Company on Tuesday posted a 4% year-on-year increase in profits of the third quarter of 2018.

Net profits amounted to SAR 3.4 million in Q3-18, compared to SAR 3.27 million in Q3-17, according to the company’s statement to the Saudi Stock Exchange (Tadawul).

For the first nine months of 2018, Al Kathiri Holding’s profits hiked 54.6% to SAR 7.93 million, from SAR 5.13 million in the same period of the prior year.

By the end of Monday’s session, Al Kathiri Holding’s stock declined 0.13% at SAR 39.