Al Abdullatif posts 68.49% fall in Q1 profit

Riyadh – Mubasher: Al Abdullatif Industrial Investment Company reported on Tuesday a net profit of SAR 14.19 million ($3.78 million) in the first quarter of 2016, 68.49% down from SAR 45.04 million ($12 million) in Q1-15.

The fall in profit was a result to the decrease in sales, according to a bourse statement. 

Mubasher Contribution Time: 19-Apr-2016 13:52 (GMT)
Mubasher Last Update Time: 19-Apr-2016 13:52 (GMT)