Riyadh – Mubasher: Astra Industrial Group on Thursday reported a 10.38% increase in net profit to SAR 22.18 million ($5.9 million) in the second quarter of 2016 from SAR 20.09 million ($5.36 million) in Q2-15.
The company attributed the rise in net profit to higher other revenues in pharmaceuticals, and power and steel sectors, according to a bourse filing.
The Saudi-listed company’s net profit declined 35.16% to SAR 40.3 million in H1-16 compared to SAR 62.2 million in the same period of 2015.
