Riyadh-Mubasher: Saudi Vitrified Clay Pipes Co. made SAR 26.8 million in net earnings during the fourth quarter of 2015, up 12% compared with SAR 24 million in the same period a year ago.
Full-year net earnings also grew 3% year-on-year from SAR 101 million to SAR 103 million.
The profit growth was driven by higher sales, the company said in a bourse statement on Wednesday.
