Al Abdullatif Industrial logs SAR 10m profits in 9M

Riyadh – Mubasher: Al Abdullatif Industrial Investment Company posted its interim financial results for the third quarter of 2019.

Net profits after zakat and tax increased by 27.9% to SAR 2.2 million in Q3-19, compared to SAR 1.72 million in Q3-18, according to a bourse filing on Monday.

For the first nine months of 2019, net profits of  Al Abdullatif fell by 17.85% to SAR 9.71 million, from SAR 11.82 million in the same period of the prior year.

Total revenues recorded SAR 475.59 million in nine months, up 1.8% from SAR 466.79 million in the same period last year.

Profit per share stood at SAR 0.12 by the end of September, from SAR 0.15 in September 2018.

Mubasher Contribution Time: 28-Oct-2019 14:30 (GMT)
Mubasher Last Update Time: 28-Oct-2019 14:30 (GMT)