Riyadh – Mubasher: Ataa Educational Company reported a 5% year-on-year (YoY) decline in profits during the three-month period ending 31 October 2019.

Net profits after Zakat and tax amounted to SAR 16.25 million between August and October 2019, compared with SAR 17.12 million for the same period in 2018, according to the company’s statement to the Saudi Stock Exchange (Tadawul).

Profit per share reached SAR 0.41, down from SAR 0.43 per share for the corresponding period last year.

Revenues reached SAR 81.11 million, while the company’s total comprehensive income reached SAR 15.65 million.