Riyadh – Mubasher: Al Moammar Information Systems Company disclosed its interim financial results for the third quarter of 2019.
Net profits after zakat and tax fell by 12% year-on-year to SAR 14.39 million in Q3-19, according to a bourse statement on Thursday.
Meanwhile, revenues of the Saudi firm increased by 6.1% to SAR 229.9 million in Q3-19, compared to SAR 216.66 million in Q3-18.
For the first nine months of 2019, net profits of Al Moammar levelled up 38.7% to SAR 39.13 million, from SAR 28.21 million in the same period last year.
On a yearly basis, total revenues advanced by 10.96% to SAR 679.28 million during the nine-month period between January and September.
By the end of September, profit per share stood at SAR 2.45.
