Riyadh – Mubasher: Al Baha Investment and Development achieved a net profit of SAR 2,500 ($667) in September, according to a bourse statement issued Sunday.
During the nine-month period, earnings totalled nearly SAR 20,950 ($5,600). Thus, Al Baha’s accumulated losses to September decreased to SAR 185.37 million which accounts for 123.6% of the SAR 150 million capital.
The company’s gross profits in September and the nine-month period stood at SAR 66,000 and SAR 438,600 respectively.
