Riyadh – Mubasher: Maharah Human Resources Company posted a 15.58% year-on-year jump in profits for the third quarter of 2019.
Net profits recorded SAR 80.1 million in Q3-19, compared to SAR 69.3 million in Q3-18, according to the company’s statement to the Saudi Stock Exchange (Tadawul) on Tuesday.
Revenues of the Saudi-based firm advanced by 12.35% year-on-year to SAR 386.4 million during the three-month period between July and September.
During the period between January and September, Maharah’s net profits rose by 17.7% to SAR 206.1 million, from SAR 175 million in the corresponding period in 2018.
The company generated SAR 1.12 billion in revenues in nine months, 11.6% higher from SAR 1.08 billion in the same period last year.
By the end of September, the profit per share recorded SAR 5.5.
