Amiantit’s net rises 13% in Q4, 23% in FY15

Riyadh-Mubasher: Saudi Arabian Amiantit Co. recorded net earnings of SAR 22.4 million in Q4-15, a rise of 13% compared with SAR 20 million in the same period of 2014.

FY15 bottom line jumped 23% year-on-year from SAR 83 million to SAR 101.3 million.

The profit growth was due to higher sales, the company said in a statement to the Saudi bourse.

 

 

Mubasher Contribution Time: 20-Jan-2016 08:11 (GMT)