Riyadh-Mubasher: Saudi Transport and Investment Co. (Mubarrad) achieved net income of SAR 12.6 million in the fourth quarter ended 31 December 2015, against losses of SAR 3.1 million a year earlier.
The Tadawul-listed company swung to profitability due to improved operating results.
Full-year bottom line rose 17% year-on-year from SAR 44 million to SAR 51.3 million on improved operating results.
