Riyadh – Mubasher: Baazeem Trading Company’s third-quarter net profits advanced by 57.5% year-on-year (YoY) to SAR 4.9 million, compared to SAR 3.1 million in the same quarter in 2019, driven by an upswing in sales.

Revenue for the quarter ended in September 2020 grew by 9.7% YoY to SAR 66 million approximately, according to a stock exchange statement on Wednesday.

During the first nine months of the year, the company’s net profits climbed by 31.7% annually, reaching SAR 20.4 million.