Astra posts higher profits in Q1

Riyadh – Mubasher: Astra Industrial Group achieved a rise of 54.25% in profits to SAR 19.74 million during the first quarter of 2017, from SAR 12.8 million in the same quarter a year ago.

The company’s operating profits declined by 27.56% to SAR 42.36 million in Q1-17 from SAR 58.47 million in Q1-16, according to a bourse statement issued on Thursday.

At the stock level, Astra closed Thursday’s session 2% lower at SAR 16.63.

 

Mubasher Contribution Time: 11-May-2017 15:43 (GMT)
Mubasher Last Update Time: 11-May-2017 15:43 (GMT)